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    Martingale Loss Problem

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      Headshot22 last edited by Headshot22

      Hi,

      I'm building a martingale based EA using pending orders.
      But when my pending orders expire the martingale management sees this as a loss even though no trade has taken place.

      How can I stop this from happening?

      Thanks

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      • fxDreema
        fxDreema last edited by

        Give me example.

        But Martingale by definition is supposed to work like this: You bet X money - you lose - you bet X*2 money - and so on. And by "bet" I mean buy or sell, NOW, not later. Also only 1 trade at a time. Everything else is just assumption made by me. This behavior that you are talking about, maybe it was intentional. I don't remember exactly.

        Also note that when Martingale looks at what will be the next lot size, it looks at the latest CLOSED trade. But before that - at the newest running trade (which again is not by the rules of Martingale and I made it to work that way only because of some people that wanted to play not by the official rules). Pending orders are not checked at all and I don't feel like doing this 🙂

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