Sure, I understood that even before I tested the EA, and I didn't even know it was a martingale strategy before I started using it. I was merely trying it out to see how well it performed, and after disappointing results, I won't be using it anymore. You probably could do well with this EA if you had the time to periodically manually close trades on many currency pairs when they became profitable, because I noticed that occasionally the EA will produce 100's of pips and the trend will reverse without the EA closing the trade before the reversal.
Quote:
Originally Posted by jbfx
With any type of martingale strategy, one must be careful and prepared to lose their whole account when a monster trend appears. But I think if you understand this, then you can adjust to this possibility as well. Like any EA, with the added risk comes the rewards, and if you have an apetite for risk, then you roll the dices.
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