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    Need help with custom Martingale

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    • W
      Whitenight last edited by

      Hi,

      I am looking for help in creating a martingale EA with the parameter that I want.
      I tried the fxdreema martingale system system but it’s not quiet right for me.

      The Parameter that I am trying to make is:

      1. The Lot
        Instead of multiplying the lot, I want it in a sequence.
        For example:
        Initial Lots 0.1
        2nd Card. 0.2
        3rd Card. 0.3
        4th Card. 0.5 and so on.

      2. The opening of the Card
        I want it to open on 2 conditions.
        First , it check every hour on the opening candle, so the timing would be 13:00 or 14:00 and so on.
        Secondly, the point difference from the opening price. I want it to be at least .00220. For instance if the buy opens at 1.34567 then at the next hour, if it comes down to 1.34347 then only the EA would open a new card with the lot specified in the sequence that I input for the lot size.
        Otherwise nothing happens.

      3. The TP
        I am only using TP and no SL.
        I want the TP to be set automatically according to this calculation.

      A. The Opening Price of the Card
      For instance, at the next hour it does come down to 1.34300. The EA would then open a 2nd card.

      B. The Point Difference
      In this case the point difference would be 1.34567-1.34300=0.00267

      C. A Percentage Value
      I want to be able to setup a percentage value just like for the Lot.
      2nd card 70%
      3rd card 65%
      And so on.

      So here, The TP would be
      1.34300+(0.00267*70%)=1.34487

      If it comes back and hit the Tp, then at the next hour it would open a new buy card automatically. If it doesn’t then it just keeps floating.

      I am looking forward to any help or advice 🙏
      Thanks in advanced.

      jstap 1 Reply Last reply Reply Quote 0
      • jstap
        jstap @Whitenight last edited by

        @whitenight Use a variable and every trade add 0.1, reset when needed, opening 2 is just teeing off blocks with an extra block, use a pass once block to stop extra trades being opened after the first and reset when needed. Make a start and put a shared link here, ask and problems you are having.

        Learn fxDreema Without the Wait!

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        The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

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        1 Reply Last reply Reply Quote 0
        • W
          Whitenight last edited by

          @jstap Thanks for the advice. This is what I have so far but it still doesn't work properly. sometimes it opens multiple of the same lot and sometimes after TP it still continue the sequence. Please advice. Thanks

          https://fxdreema.com/shared/wPGRtmfkc

          jstap 1 Reply Last reply Reply Quote 0
          • jstap
            jstap @Whitenight last edited by

            @whitenight The pink pips away needs a pink for each trade block above, you don't need the if trade block as it's contained in the pink blocks, I have never used betting sequence in a buy/sell block so I cant help too much with that.

            Learn fxDreema Without the Wait!

            My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

            The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

            Don’t miss out

            Click here➡️ https://mybook.to/fxDreema to get your copy today!

            Enjoy! 😊

            1 Reply Last reply Reply Quote 0
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