Thread: Martingale EA
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Old 01-11-2008, 12:10 AM
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wolfe wolfe is offline
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Quote:
Originally Posted by aelimian View Post
Please explain a little more. if one uses the e.g above.

long at 227.00 1 lot
price goes up to 227.10, enter 2 lots
then price up to 227.20 enter 3 lots
if price were to retrace from 227.20 to 227.10 would you enter
4 lots shorts or 1 lot short?

thanks
You would enter 4 lots short. You should probably start with 0.1 lots or 0.01 lots. This could increase in a hurry.

I just tried to code this EA the way it was requested.

Do you have a better idea?
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