About Martingale and Basket System
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Hallo,
I'm working in a Martingale system, I have no still found a good manage, please can you send me some info and/or suggest about?- The martingale open more trades (depend from setting), I have no fund a good system to manage the basket. To manage "Account > profit > equiti/balance" is the only available mode?
- Can I see and manage the amount of lots (buy and sell) that are open?
- Is possible to see and set a orizontal line (value of price in chart) for "Break Even" (profit=0) depending of the open-trades?
Many thanks. Regards.
Clau -
Theese are some of the questions I´m trying to solve time ago.
The only thing that works for me is to repeat the last martingale (x th) position and close (loosing) the most profitable trade at the same moment.It increases the exposure but makes lower the "exit" point condition.
I would like to set a "stop" level (Profit-leverage of -500 euros F.E.) and when it returns to the initial condition al continues, in a way that the drawdown should be minimized, But I still not able ....
Below in a message from last week I wrote 2 messages about strategies and atached are the indicator and E.A. used, If possible lets make it better.
Tks
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- You want to do Martingale without closing the trades?
- You can get the lot size of any trade that is currently running. Of course, you should know which of the trade you want to work with. But I'm not sure that you really want to do that. Give me more details
- If this is only for indication, maybe some indicator can help. Such a value is sometimes hard to predict with 100% accuracy, like when the currency is different from the one of the account, because sometimes 0.0001 does not translate into let's say 1 dollar, it depends on the movement of other currencies.
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Hi,
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Yes, I'm closing trade with equity balance, so the trade never use TP or SL .... I have see that Martingale do not reset the "moltiply lot system".
I need to reset when I close all trades... can I do it? -
I use martingale in the same pair with buy and sell together. I need to use buy and sell martingale like 2 different system (like 2 separate EA). I need to know how many lots are open (for buy and sell).
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For this point, in profit zone, I would like to know the price for BE profit (for buy and sell) depending from the active lot ... it change for every new trade will be open.
Many thanks.
PS: Thanks Emilio for your suggest!
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Martingale asks for the lot size of the last trade, no matter if it was Buy or Sell. But you can separate them if you use different group number, because it checks this parameter
