Justa basic plain math is wrong here. If you have open $20 Sell and $20 Buy, it does not matter where the market is going up or down you will gain $20 and you will lose $20 plus you will lose commission or/and spread. The second problem; you are opening trade where you want, it does not mean that the market is going to go in that particular direction. Example: In the first column you have open $20 Buy and $20 Sell let's say that the market is going up, then you sell what needs to be sold. That means that market line is somewhere close to the first $20 in the second column, and let's say that the market is going up again, your all second column is useless because you will not be able to purchase any trades and you will end up pulling your negative in to the even more negative lose. Your math and logic here is not something that can be applied to live or theoretical trading. Sorry dude...
vdubus
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@jjaacckk, nobody said anything about hedging a trade
@jjaacckk, sorry wrong EA, you have the money management wrong its 100% win 50% stoploss as stated on the chart
developeralgo222
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This is a variant of Martingale , Will blow your account !! as usual. What is the mathematical proof of your strategy ? what is the recovery factor and profit factor after 100 trades ?
juandidinar
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@vdubus , first leg is buy and sell with each TP 100% and SL 50%
Then I set for level 2 pending order buy limit bottom at the first leg SL with doubled lot size TP 100% and SL 50%
Then I set for level 2 pending order Sell limit top at the first leg SL with doubled lot size TP 100% and SL 50%
Is that right ?
i really interesting with this system