Best way to increase volume
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What would be the best (smallest number of coding blocks) way to increase volume for additional trades in the same direction?
My MT4 system is trading based on signals (objects) given by a VSA indicator (I only have the .ex4 file). No Stop Loss, no Take Profit. It opens Buys every buy signal and closes them all at first sell signal - vice versa for Sales.
So I'd like to open a trade at say a Volume of 1000% of Balance and if there are additional trades in the same direction to increase trade volume by a factor (1.5 or 2 etc.) until they are closed at the first signal for trades in the opposite direction and start another sequence at the same 1000% of Balance.
Thank you all for your help!
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A 1000%? Really? What kind of money management is that?
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@bogdaiki Check the (Money Management docuemtation) in fxdreema. I think you could use any of them besides the SL based ones.
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@l-andorrà said in Best way to increase volume:
A 1000%? Really? What kind of money management is that?
It equals to 0.1 lots per $1000. A bit aggressive, true, but at lower balances it's worth it, you have a chance to grow faster and reduce lot size later, over 10k.
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@trader-philipps said in Best way to increase volume:
@bogdaiki Check the (Money Management docuemtation) in fxdreema. I think you could use any of them besides the SL based ones.
I read those, thanks, I couldn't really figure how to put it together in the case of the system I described. If you can I'd truly appreciate you showing me how. Thanks!
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If I understand it correctly, there will be buys only or sells only, not both at the same time, right?