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for example:
1. buy 1 lot at any price you like.
2. if price up 20 pips take profit, if price down 10 pips stop loss.
3. if previous trade loss, in the next trade increase lot size in this sequence 1,1,2,3,5,8,13
4. if previous trade profit, in the next trade start with lot size 1.
you can use whatever indicators to choose your trade, or random entry.
I am the author of "Martingale", but here is a special version for el Cid with random entries. The backtest shows what everyone knows, I.E. a very big account is needed, and if you want to sleep well, don't look at your screen !
Michel generously made a free E A for this strategy .The E A works correctly .
Michel was correct in suggesting nobody trades this strategy........ it is a dangerous strategy which exposes a trader to greater risks than the reward.It will eventually blow accounts
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