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Originally Posted by timbobo
Expert to use with the abovementioned indicator. I'm sorry but with your settings it lose money on any timeframe.
Expert works with single order fixed lot and does not use Martingale money management. Use it just to test the general idea.
This strategy makes only 40% profitable orders. It means that random entering to the market will be more succesfull than using this strategy.
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Thank you for your comments. On my 5 months of back testing the stats were different, showing 54% hit rate. I acknowledge it is the Martingale money management that makes this system profitable, but I only care that it is indeed profitable, not how it gets that way.