recovering loss
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I'm trying to add the (if) condition to my EA for MT4, as this( if amount loss is higher than profit amount then complete martingale until losses are recovered, any one can give an Idea about way to do it?? So if amount loss is higher than profit set recovering to true and multiply trade lot amount x3.
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@zahraa20
Martingale system is a 100% profitable system on a short period of time, on a longer period you expose yourself to loose everything you gained and even more. I wouldn't use a fix multiplier by 3 or even by 2, i would use a "ln(lot)" multiplier or a "lot+lot^0.5" one.
You can't be 100% of the time winner, but you can optimize your gains. -
@seb-0 Thanks for your answer! what I mean is, what is the script I should write to add recovering to my bot? So let's say my after 1 martingale win, and my losses still over my profits, how can I keep martingale running until my profits became over my losses? Hope you can help me!
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You sould need al teast two variables, one storing your losses and another one your gains. Then a simple condition block comparing them can identify what you want. If that condition is true, then the martingale can move on.
However, seb 0 is right. Don't waste your time with martingale Eas, man!
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@l-andorrà Thanks for your reply! that what I exactly need, can you tell me how can I do it?
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Firstly you can begin with this thread:
https://fxdreema.com/forum/topic/8875/record-real-time-gain-and-loss-in-variables/5
Then try your own project and let us know!
