Hi sleepypipsCDN,Hi all, and Funyoo....
i just discovered this thread last night. I also PM'd funyoo.
I ran this today, and what it does, is when it has a winner, it just drops back down one notch on the multiplier. It doesn't go all the way back to the beginning, which is what I thought a true martingale does.
for ex., with multiplier 2
at this point , after winning at 4th double, it places the next trade at 8 lots , and goes from there again. Eventually , i think at some point, it will catch up to your account size.
this actually works great in the course of one day. What I think would be cool is for it to reset daily, or atleast be able to manually reset it. I tried to do that by just turning the EA off, then on again, but that didn't reset back to the initial lot size.
I also think it would be nice if it were to email/alert you if it has reached the 8th time, for example, in its doubling, so that you can decide to abort it, or set that value also in the EA.
what do other folks think?
best regards, good luck to all.
I have just noticed that the EA will stop executing trades when "else if((Balance+MinProfit)<AccountBalance())Lots=Lots/Multiplier" < 0.01, you see, after several successful trades, and doing "Lots/multiplier" we eventually reach 0.01/2, which is less than 1 nano lot on my demo, so the EA basically says its not possible to continue. So, just have to remove the EA and reattach to the chart again to reset it. Just FYI.
Here it is.