Thread: Pyramidage in the direction of the tendency

Pyramidage in the direction of the tendency

I use an EA " martiguale " nevertheless I have a practice mostly in the
way which I describes you this below and that a friend learnt me

Example:

Objective of the day short 1.3561 ( TP), we fixe a SL maxi of pips 12
(with the spread thus 10 pips + spread of 2 pips to Fxlite)

- 1st entry short to 1.3617 with SL 1.3627 (the spread is deducted at the end).
Risk: pips 12

- 2éme entry (the bear movement continues), we return again in 1.3597 by
moving the SL of the first one trade in 1.3607 and the implementation of the SL
of the second also on 1.3607.

Risk: +10 -10 -4 of spread at the end or only - 4 pips if the trade turns
around

- 3éme entry the movement continues, we have a little space before
reaching the objective thus we bring in the third position in 1.3582
and one go down all the SL in 1.3596.

Risk: yen does not have any more we are necessarily positive, if we go out in
1.3596: 21 1 14 = 8

The court came down until my TP in 1.3561
balance sheet : 56 + 36 + 21 = 113 pips with a maxi risk of pips 12 what gives a
very good ratio of 10/1.

If I did not have to pyramider: 56 pips with a risk of pips 12 what gives a
ratio of 5/1

When we have of the space before the objective, to pyramider can make double
the gains while preserving a controlled risk.

If a programmer could set up a code for this system we could benefit from it at lesser risks.

Excuse my weaknesses for writing English

So nobody tried to set this pyramiding EA up?

I've seen a eFibonacci EA which has the same idea, only it adds positions every x pips at Fibo rates (so when adding for the 10th times, you're like addind more than 377 lots... crazy, but well...). Look for it in the MT4 codebase.