How do I accumulate positions and adjust MM for each opened trades?

[cowcool]

Hi Guys,

Need help please.

My risk per trade is 5% of total equity

Please view the image below. Entries are marked with arrows .

Entry 1 profitable => open new buy position with position sizing (5% -
entry 1 profit in percent )

Entry 2 profitable => open new position with position sizing (5 % -
entry 1 profit in percent - entry 2 profit in percent)

Entry 3 profitable => open new position with position sizing (5 % -
entry 1 profit in percent - entry 2 profit in percent - entry 3 profit in percent)

and so on. This formula will ensure that my max risk is always 5 percent during accumulation.

How to do this? Thx a million!

Andy

[fxDreema]

This is very custom MM. I don't even know what to advice you, because it look like the best way would be to write this as a code. It can probably be made with those pink blocks and some Variables, but it will probably be a little bit complicated.