How to handle drawdown using martingale ea

[iamsholzmart]

If you are using martingale ea of any sort and want the best way to cover drawdown expenses. You should have a target in your mind that you don't want price to go past. Sometimes even turn the EA off or on a high time frame and let the market calm down. Eventually you will hit your target

 

[karli20]

matingala is not the best option in my experience, it is a strategy that has proven to be high risk

 

[WilliamLuo]

Anyone can share Martingale Souce Code? Thank you.

 

[Fin_Trader]

I think that trading using the martingale method, you will only increase your drawdown, and very quickly until you completely destroy your deposit. In my opinion, this method is not suitable for dealing with drawdowns at all.