No dear, I am not working on any acco
142/5000
Ok Brother! I thank you for your wise advice .. We are all waiting for your new strategy .. which will surely be intelligent and profitable.
unt yet, some financial issues and also I am working on one more strategy which I will share with Tanaka San to create something out of it for everyone's benefit.
As long as I have tested it earlier which was also successful, you need to choose a pair which move both directions, not only one direction otherwise not only this EA any other martingale EA will eat your account very easily and quickly.
EUR pairs are best for this EA as they move both sides if you check their movement in lower time frames.
I suggest 1 pair at a time for 50 to 100 dollars account with lowest lot size 0.01 and safest martingale settings.
You can put pip distance 10 and its multiplier 1.2 so every time it will increase pip distance between martingale positions, it will not be constant 10. Also change linear to multiple and its multiplier 1.2 and maximum martingale 10. Do not change any other settings, leave them as default.
If you calculate all this above manually, you will see that 10 trades will go hardly up to 100 pips if market is seriously insane and maximum 8 or 9 trades will apply and floating loss will not be much and 100 pips one direction for any liquid pair is enough and from that position it is guaranteed that market will reverse and then there your break-even trail stop would be ready to hit.
If you load more pairs in smaller account then after some martingale positions your account will be in more floating loss and guaranteed chance to blow up.
Never be greedy or play with martingale, it is not fun and it is not forever, so better withdraw everyday whatever u make either 1$ or 100$.
Cheers!!!