V1 is a Martingale method of trading. The disadvantage, of course, is a huge loss. By this I mean that Martingale EA's seek to have no losses by "doubling up" after losing trades, until the market turns and recoups all losses and then some. But of course what happens if the market doesn't turn, pretty soon the "doubling up" wipes out your account unless you have a fat balance to withstand such a large drawdown and this is the case in all related trading methods.

V2 & V3 does not increase lot size and closes trades in profit. Both versions have Stop Lose and can be adjusted in v3 to meet your risk appetite. Change the Close_immediately value to True if you want to close all orders on Friday or at any time and start over.

Forward testing will be posted next week.