How to make Martingale with Take Profit?

[biztet]

Hello experts.

How can i make an open trade with martingale like in the image?
I really don't know what its called.

[l'andorrà]

@biztet That is not a true martingale. Lot size is not doubling evey new trade and only sells are open. Are you sure that is what you want?

[biztet]

Yes @l-andorrà. Please guide me to get this kind of result.

[l'andorrà]

@biztet Ok. Let's begin twith this:

1. Maximum amount of open trades.
2. Exact evolution of lot size as new trades are open.
3. Will there be buys and sells open at the same time?

[biztet]

Thank you @l-andorrà .

Maximum amount of open trades.
...Just make it 99 trades

Exact evolution of lot size as new trades are open.
...Maybe martingale multiplier. But from what i learned, the 1st 4 trade will be same as the Parent Trade. And there is also a distance, like pip step.

Will there be buys and sells open at the same time?
...Yes, it suppose to open both buy n sell, maybe 1-2second gap.

[ambrogio]

@l-andorrà I am also interested in how to calculate a single take profit for many orders with different lot sizes.

[Hadees]

Something like this will close all trades when x pips are reached.

No trade nearby and custom betting will place trades like your screenshot

[biztet]

@Hadees wow! i saw a spider. so we need to use custom betting, and not just martingale lot multiplicator?
what about if we do this, if the newest buy trade hit TP, close all buy trades. same for sell.

[l'andorrà]

@biztet Hadees suggestions is a very good beginning. You should create your own project from that.

[biztet]

Yeah @l-andorrà , but i can't compile that much connections.

[ambrogio]

@l-andorrà you are funny!!! :))))) what needs @biztet and I is a formula
Maybe @miro1360 and @roar can upload something

[biztet]

Thanks for your help calling in the pros @ambrogio .

[ambrogio]

@biztet this is for make trades with lot multiplier

https://fxdreema.com/shared/GfpLJ66vb

we are waiting someone to calculate one take profit for all trades

[biztet]

any expert...? please...

[biztet]

I learn that this strategy is what they called averaging. It's just a math. But i still couldn't figure how to make it work.

[l'andorrà]

@biztet What is the syrategy averaging exactly? Profit/losses?

[FiboBlade]

@l-andorrà , from what i observe, its like the parent trade have TP, eg. 10 pips.
When the trade go south, it will open like martingale lot, with lot multiplier. And also the TP distance increases which i don't know how it is count. The child trades opens with distance.
But averaging means it will start with single hedging.

[biztet]

Yes @l-andorrà , it is exactly like @FiboBlade said. Its like the more the trades open, the more the profit will be. Something like that.

[l'andorrà]

@biztet In that case a loop is needed. Sadly, I'm not an expert at loops. Maybe roar can help for this project.

[biztet]

Thanks @l-andorrà . I'll be right here waiting for an answer/sample.