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Suggestion Martingale with EURUSD Using Renko

A

Ajay Kshatriya

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Hello Friend
I would like to share profit making martingale EA use on EURUSD with Renko only.
I provide setting for equity $1000.
Highly recommend to use it on EURUSD.
 

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It does not crash account in trend.Kindly understand the strategy,It always work in direction of trend with renko.I had used 3 pip renko box ,so my TP is 3 pip.when renko reverse at 6 pip it close open position as I keep SL of 6 pips.
E.G First open position at say 1.12000 with 0.01 lot as a opening of renko box with TP 3 pips and SL 6 pips.It covers at close of renko with 1.12003 or close at 1.11994.
If SL hits at 1.11994 it open reverse position with lot 0.03 with TP 3 pip and SL 6pip.
If SL hits at 1.12000 it open reverse position with lot 0.09 with TP 3 pip and SL 6 pip and vice versa
 
Ajay Kshatriya said:
It does not crash account in trend.Kindly understand the strategy,It always work in direction of trend with renko.I had used 3 pip renko box ,so my TP is 3 pip.when renko reverse at 6 pip it close open position as I keep SL of 6 pips.
E.G First open position at say 1.12000 with 0.01 lot as a opening of renko box with TP 3 pips and SL 6 pips.It covers at close of renko with 1.12003 or close at 1.11994.
If SL hits at 1.11994 it open reverse position with lot 0.03 with TP 3 pip and SL 6pip.
If SL hits at 1.12000 it open reverse position with lot 0.09 with TP 3 pip and SL 6 pip and vice versa
Click to expand...

on a real account, this technique is broken by commission, slippage and a long flat
 
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