@Abade69 I strongly believe you have less idea on how martingale works, and how you can properly manage your trades. If used correctly, with the right strategy or on a reversal point, this is one of the Best money management strategy.
So if you do not know how to properly manage your trades or use martingale, don't discourage others about it. Because everyone sticks to what works for them.
@jstap
Good day. How can I go about building a Bot that scales more positions as price goes in profit. But that same trade goes into Loss, it martingales below the price.
For example I have a Key trade, that is the first trade that opens is the Key trade. Price only scales more positions when price is in profit, then when it's in loss only on that key trade, it martingales.
Waiting for your urgent response. Thank you
@jstap It didn't work as expected
@jstap waiting for your urgent feedback
@jstap can I see an Example please
@jstap Thank you for this. This will be greatly appreciated
I have a Final question. So I have an RSI bot, if RSI is about the 50 middle line. BUY. And likewise for sell, below 50, SELL. so each of these trades are Grouped. Buy trade group 1, sell trade Group 2. They both Martingale
My Question is, If The BUY TRADE is Active and SELL TRADE also Active. If the RSI is above the 50 middle line, stop all Activity on the sell side until the RSI is below 50 before it continues. It won't close the trades, it will only stop because the RSI is above the 50 line for a Buy.
Likewise for SELL. When the RSI is below, all activities on the Buy side Stops.
@jstap Can you show me a picture representation on fxdreema so I can see how its done properly. Thank you
Good day. How can I go about building a Bot that scales more positions as price goes in profit. But that same trade goes into Loss, it martingales below the price.
For example I have a Key trade, that is the first trade that opens is the Key trade. Price only scales more positions when price is in profit, then when it's in loss only on that key trade, it martingales.
Waiting for your urgent response. Thank you
@Bogdaiki Please can you show me an Example
@jstap Please can you show me a typical representation