Thread: Martingale EA
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Old 01-15-2008, 05:43 PM
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ElectricSavant ElectricSavant is offline
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Lcfx,

Please excuse the interupption. I think wolfe is at work and I wanted to post with you so that it may be more clear for him, when he comes back to read this.

There are two possibilities...There is banked balance or floating equity.

Banked Balance would always be before and is most common...is this what you want?

ES

P.S. However your next trade will give you a harder target to reach as you will be using the same exposure.

P.P.S. I have started a page in my blog concerning this thread.

Quote:
Originally Posted by lcfxtrader View Post
Wolfe,

Did you write the take profit and stop loss % to be based on account balance before the trade progressions begin (I believe this is what I requested wasn't it)? The EA has been taken profits, however, all the open positions have not added up to the % TP that I have set. Could you please explain why? All the orders should be closed on either the SL or TP being hit. I can send you print screen if needed.

Thanks,
lcfxtrader

Last edited by ElectricSavant; 01-15-2008 at 06:44 PM.
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