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It is necessary to make a robot that will work on the following principle:
The robot needs to double the losing trades until it reaches the winning one according to the principle the trend is your friend.
For example:
1) BUY 0.01 lot
TP 10 pips (from opening price)
SL 10 pips (from opening price)
the price drops by 10 pips the buy trade automatically closes and opens a new sell trade,
2) SELL 0.02 lot
TP 10 pips (from opening price)
SL 10 pips (from opening price)
and so on until there is a winning trade, when there is a winning trade the robot returns the initial bet of 0.01 lot and continues to trade in the direction of the trend.
The robot must have the ability to adjust:
- SL and TP
- the initial bet
- direction of first trade (buy or sell)
- the number of repetitions of how many times he can double the trade (example: limit max 5 trades after that to stop).
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