S&R with martingale
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Hi to all, i need help please i have build a EA with support and resistance but i want to add martingale if trade is in negative to compensate for loss,lets say if its a buy and it goes say 50pips in loss to add 1 more trade but keep the same SL, so order would be open, SL is say 100pips, but on 50 pips i want to add one more buy so if price goes up it compensate for loss, and i have trailing also, how do i do that, i already have the code for ea but i do not know how to add the martingale, any help would be great thanks
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But are all trades sharing the exact same distance to their SL? If I understand it correctly, that's not the case. Am I right?
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@Tjokker Revisa esto, puede ser util para ti---
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@l-andorrà Hi,yes thats it, so if open order buy with 500point SL, and then you can martingale 50pips to 500points, if 500point sl break then all trades close
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I'm afraid I don0t get it. You cannot 'compensate' lost trades with different SL distances unless you change the lot size accordingly. I can't get how a martingale doubling lot size every new trade will do that.
