Martingale based on variable lots sizes (risk % of balance)

[adamghous]

Hi,

Just looking for a method to use the martingale feature on FXDreema but basing my trade risk on % of balance as can be done for the other money management rules in FXDreema.

It only seems to offer the risk as fixed number of lots i.e. 0.1 lots. I'm just making an assumption but presumably lots of other people have been interested in a similar thing so is there a simple method that i'm missing? or is it a case of doing a little math using the formula blocks to create a Risk % of balance in lots variable?

Any input welcome.

Thanks

[adamghous]

@adamghous

Just to clarify i mean that i want to risk 1% of my balance on the first trade. If that trade looses i want to risk 2% and then 4% and then 8%etc.

thanks

[fxDreema]

I think you need to do it in a custom way, using some Variable. So, before the Buy block you can have a block to check the profit of the last trade (whether it was profitable or not), then set the value of some Variable depending on that, and then in the Buy block to use that value for the risk % option.

Now the Martingale option looks at the actual lot size of the last trade and multiplies that lot size to 2 (by default) on loss. It doesn't care what the balance it, it looks at the lot size.