Thread: Martingale EA
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Old 01-14-2008, 02:12 PM
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wolfe wolfe is offline
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Quote:
Originally Posted by ElectricSavant View Post
wolfe,

First of all thanks for your martingale EA. I am not a big fan of martingale, but this one is safer than some others when using 0.01 lot size increment. I believe you need a progression to be able to get out of the trade faster or I would use 0 there.

Since there is not any change from trade set to the next trade set as far as MM, why do you use a percent for TP and SL?

My point being is that there really is not any change in the progression or the start...why does the TP and the SL grow?

I suggest that perhaps you consider those fields to be fixed dollars and not percents.

ES
I could look at that. The EA was not my idea. It is the way it is because I tried to stick to the criteria of the person with the idea.

I'm not a big martingale fan either. We can change the EA.
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