Dislikedsince you have the effort to make and modify / create a mart ea so i just gonna share my thoughts, not 100% correct just my personal view dont be offended in any way please.Ignored
Disliked1. a long trending wave will blow the account - so we have to find a filter somehow on the entry condition, your ea is without one clearly. and that is dangerous.Ignored
Disliked2. a blackswan / huge spike will blow the account - CHF spike few years back should be a clear example. a filter to skip those event, like spread check and bar pips range / ATR / ADR some sort is needed.Ignored
Disliked3. Money management - this maybe the most crucial part of this mart system, we need to know how much maximum risk to involve with the capital on hand. A 1000usd account and a 10000 account is different, the latter should sail thru most market conditions with proper settings, thus making mart a working robot in 99% market condition.Ignored
Money management is included in this EA. Enter maximum amount in $ which you can afford to lose. Once floating loss will be equal to that, EA will lock total trades and will stop trading any further. For example, if account locking is set to 1000$, as soon as floating balance will reach -1000$, EA will open a single hedge trade against all open trades and will lock the account for further losses. Now if you know manual trading, you can still get back your money, if not then close all open trades.
Dislikedto my understanding , a mart system can work with some manual intervention and monitoring, like deciding the direction of pairs in big timeframe Daily / weekly and only trade one way for example, closing / hedging opening when Mart gets to dangerous step.Ignored
Thanks again for your feedback. Will expect your contribution in this regard. Thanks
Grid / Martingale / Hedge Lover
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