Martingale
-
Martingale
how can I set up a martingale that calculate the body of the candle and set the T/P accordingly without moving the 30pips T/P?
it must calculate the body of a candle and when it takes the new trade it must be based on body of the candle.thanks in advance.
-
Not sure if I fully understand what you need. Can you please add an example with real numbers?
-
hello, if there is a buy entry @1.0000 but the market goes down and on the next candle it starts @0.9700 which means the martingale will double the entry but the wont close all on profit, there will be a loss depending on the big candle. so i want the same pips in T/P but the lot size should change.
-
I recommend you to read the section 'Betting: Martingale / Paroli' here:
https://fxdreema.com/instructions/builder/money-management
That should solve most of what you're looking for. However, if you let me take the liberty of offering some advice, I strongly recommend you NOT to focus on ANY martingale strategy. I created my own martingale EA and no matter how many different variants you use. Sooner than later you lose your money. All of it.
