What could be a standard way to use martigale?

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F.Black
163
F.Black  
Is there any documentation that suggests how to proceed a standard way with martingales?

I would like to launch a 0.01 trade and if I fail in my judgment I would enter the next one with double, which is 0.01 x 2 = 0.02

Later if that fails too, then in the next one I will enter with 0.02 x 2 = 0.04

Following: 0.04, 0.08, 0.16, etc.

Thanks..
Sergey Golubev
Moderator
117469
Sergey Golubev  

Martingale, Hedging and Grid

The forum threads

  1. Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions)
  2. Martingale, Hedging and Grid : MHG
  3. Featured Martingale EA to explore and expand, provided by a programmer 
  4. Does a safe Martingale exist ?
  5. Why people are still trying Martingale Systems?
  6. The Video - Trading The Martingale and Anti Martingale Strategies

CodeBase

  1. Angry Bird (Scalping) - expert for MetaTrader 4 - the settings and trades - look at this post.
  2. Grid Semiautomat Panel - expert for MetaTrader 5
  3. Grid Template EA - expert for MetaTrader 4
  4. VR---SETKA---3_v2 - expert for MetaTrader 5
  5. KNUX Martingale - expert for MetaTrader 4
  6. MacdPatternTraderAll0.01. Time+Martingale - expert for MetaTrader 4
  7. Pure_Martingale - expert for MetaTrader 4
  8. Trend_Catcher - expert for MetaTrader 5
  9. Ingrid Martingale - expert for MetaTrader 5
  10. MultiMartin - expert for MetaTrader 5
  11. N trades per set Martingale - expert for MetaTrader 4 
  12. Martingale Smart - expert for MetaTrader 4 
  13. Reversing Martingale EA - expert for MetaTrader 5
  14. VR Calculate Martingale Lite - indicator for MetaTrader 4
  15. VR Calculate Martingale Lite MT 5 - indicator for MetaTrader 5 
  16. Hoop master 2 - expert for MetaTrader 5
  17. Martingale EA - expert for MetaTrader 4
  18. Simple candle filter martingale EA - expert for MetaTrader 4
  19. RSI Martingale - expert for MetaTrader 5
  20. more here

The articles

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William Roeder
22610
William Roeder  

Martingale, guaranteed to blow your account eventually. If it's not profitable without, it is definitely not profitable with.
          Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions) - MQL5 programming forum 2015.02.11

Why it won't work: Calculate Loss from Lot Pips - MQL5 programming forum 2017.07.11

F.Black
163
F.Black  
Thanks a lot
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