Is this even possible? Original Bal + %
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I haven't built this yet but I'm trying to figure out if this can be done. All orders would have a stop-loss and take-profit, but only one position could be open at a time.
The idea is Balance + 1% for first trade.
2nd trade = Original balance +1%.
3rd trade = Original balance +1%.
4th, 5th, 6th, and so on = Original balance + 1%
Each time it opens more than one position it will calculate the volume size based on the drawdown + original balance + 1%.
If take-profit is hit it will count the new balance + 1% for the new target.
Has anyone tried making this with fxDreema?
Please share any links that may have tried something like this, thank you.
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Is there a maximum number of open trades at the same time?
