Hi guys. Do anyone here know of an EA that automatically place a martingale position once SL was hit?
Example:
1st order: Manual buy or sell order with TP:SL ratio of 3:1. (1000points TP : 333points SL)
2nd order: once 1st order SL is hit, generate auto order with 2x lot value
3rd order: once 2nd order SL is hit, generate auto order with 3x lot value
4th order: once 3rd order SL is hit, generate auto order with 4x lot value
(5th-10th order: same process as stated above)
if their is none. can someone help make this kind of EA?
Thanks and hope this can help other traders also.
Example:
1st order: Manual buy or sell order with TP:SL ratio of 3:1. (1000points TP : 333points SL)
2nd order: once 1st order SL is hit, generate auto order with 2x lot value
3rd order: once 2nd order SL is hit, generate auto order with 3x lot value
4th order: once 3rd order SL is hit, generate auto order with 4x lot value
(5th-10th order: same process as stated above)
if their is none. can someone help make this kind of EA?
Thanks and hope this can help other traders also.