I'm not sure if this will work and obviously will need optimizing but i'll code it and test it on sunday and then post results on monday....

Everyone who knows about the martingale theory, understands that if your buying as the price falls, your relying on retracement to achieve profit. The only problem is, if the price continues to fall without a good enough retracement your account blows.

So let say the price is falling and V1V2 is buying, but the current price is -10pips under the lowest price within the last 12 hours, then the EA stops buying and enters the market short with the total amount of lots you have entered long...... e.g:

In the last 12 hours the lowest price was 1.3415
BUY 0.1 @ 1.3500
BUY 0.2 @ 1.3475
BUY 0.4 @ 1.3450
BUY 0.8 @ 1.3425
SELL 1.5 @ 1.3405 with STOP LOSS @ 25

So now we are hedged. So even if the price continues to fall, unlike before when our account would wipe out.....this method will secure equity safety and hold our money until the price hits the SL of the SELL and hopefully continues to rise and hopefully makes us a profit.


Just an idea, i'm going to test and optimize it then post it on here, hopefully this will let our accounts generate profit a little longer.

Thanks, Ed