I´ve been using a Martingala EA with great success for a few months, anf huge losses after that
Anyway, I´ve been thinking about the way to reduce losses and increasing surviving possibilities.
As so, I would like to know if you could do something like this:
1) Martingala EA, with adjustable pipsteps.
2) Buy and sell positions wil be opened inmediatly
3) After level 5 is opened, the EA will close current possitions as soon as buy+ sell positions are equal to $0
4) In case Losses are bigger than XX% than total cash, the EA will close all orders and stop