Hi, Essentially Martingale is where the lot size increases with subsequent trades. A very dangerous technique that can very quickly blow an account Thus be careful with any Martingale EA - and sadly, many Martingale EA's in the market.
The Martingale is characterized by a number of small profits that will result in the account being wiped out. Write here when the second situation occurs.
Defender EA (since August '18) and Stepping Stone EA (since November '18) are the longest running - and both profitable.
Spizer v6.3 EA - currently profitable and been running since 12 May '19. To date, not as profitable as Defender EA and Stepping Stone EA.
Defender EA (since August '18) and Stepping Stone EA (since November '18) are the longest running - and both profitable.
Spizer v6.3 EA - currently profitable and been running since 12 May '19. To date, not as profitable as Defender EA and Stepping Stone EA.
Herewith the Stepping Stone EA. See attached. Also available for free from Facebook. Am calculating the lot size at 0.01 per USD200. As you change the lot size, also need to change the Take Profit (TP) - as it is expressed in USD. The relationship between lot size and Take Profit is 50:1.
As an example, when lot size is 0.01, your TP is 0.50, 0.02 - TP is 1.00, etcetera, etcetera.
For the Defender EA, apologies but can only assist with a referral link (am also using a referral), namely: https://www.equiti.com/?link_id=0034795&referral_id=0034795. Once you have opened and funded your account using the referral link with Equiti broker, advise me your MT4 account number that can have the EA coded for your account.