As oppose to the typical Martingale EA where as we double against a trend in hopes that the market turns our way, is there an EA that does the opposite?
For example: I open a Long position (.10) with a T/P@ 100 and STOP/REVERSE@50. Now, if the S/R is hit the Long position is closed and a Sell order (.20) is triggered. This goes on until the T/P is hit or a margin call closes your positions. Essentially this EA makes money when the currency is trending. I've tested this solely on GBPJPY with a T/P@300 and Stop/Reverse@100 and works very well. Also my entries ARE NOT random! Now does an EA exist?


Thnx