Normally, when people first hear about martingale, they often think about disaster for small accounts. Yes, it is true. Because martingale often opens orders with some blind indicator - some of them may open first order with indicator, but from the second level, it is naked with some fixed market gap.
I am running a mannual martingale system. It is quite profitable, stable. All order levels are opened based on indicators and technical analysis.
I am looking for a partner to develop an EA based on this strategy. The art is not based on indicator, but on how to manage profit, loss, lot size, order group and market range.
- MACD, fast and slow
Basic order management includes:
- Profit secure
- Trailing profit
- Group order profit/loss management
If you expect to see a money printer, then this is not.
Successful operation of this system is 80% automatic, 20% human supervision. Expected average monthly stable profit is 10-20%.
If you are interested, we may discuss in further details.
My skype: vinhlq_umt