Thread: Martingale EA
View Single Post
  #91 (permalink)  
Old 01-15-2008, 08:07 PM
ElectricSavant's Avatar
ElectricSavant ElectricSavant is offline
Senior Member
 
Join Date: Jun 2007
Posts: 3,354
ElectricSavant is on a distinguished road
Simply put...you cannot apply a sliding scale (this is what a percent does) to the same progression over and over again , trade by trade...as you progressivley set the goal harder and harder and harder with increasing exposure values, in other words without increasing leverage or progression.

Spoonfeed:

1 instrument
initial:1K
$25.00 TP (Double this when you reach 2k...not before!)
$500.00 SL (you need room to run...this is a hedge of long and short...do not forget, pyramiding is your salvation) (Double this when you reach 2k, not before!)


USD/JPY : NextTrade=16
Start 0.01 (Double this when you reach 2k, not before)
increment 0.01 (Double this when your reach 2K, not before!)
CloseAllMax "false"
TF:5

ES

Last edited by ElectricSavant; 01-15-2008 at 08:24 PM.
Reply With Quote