Manage a trade with martingale

MQL4 Uzman Danışmanlar

İş Gereklilikleri

LotSize = 1

recoveryLot = 0.1

PipStep = 50

recoveryTIme = 5 mins

lotExponent = 2

LossRecoverySL= 100 pips

RecoveryPipTP = 5 pips

Tp = 50

hedgeLevel= 50


Initial trade with above lotSize will be placed 1 pip after candle open, in chart timeframe. If the point move after candle open is up, enter long, if point move is down, enter short. Example, lets say we entered 1 lot long.

If trade hits tp close. Open next on new candle.

If trade goes bad and the price moves down, and hits hedgeLevel, hedge the 1 lot long open trades with 1 lot shorts.


After recoveryTime, release the hedge from recoveryLot, meaning after 5 mins, release 0.1 lot by closing 0.1 lot sell of the hedge. Therefore the exposure if 0.1 lot buy.

Start martingale to recover the 0.1 lot with 50 pipStep, sequence = 1,1,2,4,8 and so on.

Close every 0.1 lot with RecoveryPipTP of 5 pip profit, after breakeven including spreads etc.

Wait until entire 1 lot is recovered. If at any time during loss recovery, if the sl of the 0.1 reaches 100 pips, close the 0.1 lot and the open trades of martingale in loss.

Yanıtlandı

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