Thread: Martingale EA
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Old 02-12-2008, 06:00 AM
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kayvan kayvan is offline
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Quote:
Originally Posted by wolfe View Post
I'll give it a try.

A few questions:

1. If first trade is a buy, sell trade will trigger 2 pips below previous candle? What if price goes 2 pips above previous candle? Layer on another buy?

2. You want price action only, OR indicator signal? Which way???

3. Only 1 trade per bar???

What time frame do you think this will work on?
hi
1. If first trade is a buy, sell trade will trigger 2 pips below previous candle?
yes
What if price goes 2 pips above previous candle? Layer on another buy?
we do nothing.
2. You want price action only, OR indicator signal? Which way???
price action is better.
3. Only 1 trade per bar???
i did not understand your third question. but this may help ur first order with initial entry (say .1 & buy) active d we do nothing at the next bar and second next bar & third next bar &&&&&..... till price return 2 pips below the previous bar .then we enter sell with double size ,and continue to this every time this break out happened. What time frame do you think this will work on?
this is working in any time frame . but the best is H1
at the end again i beg you to do this changes to your eabelieve me it will be a perfect ea with this changes please do it

Last edited by kayvan; 02-12-2008 at 06:20 AM.
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