How to use averaging down systems
Very many of the current EA systems on the market today use Martingale ,averaging down or grid systems. These can show spectacular profits while the market is quiet. However if the market gets into an extended trend it may trigger enough losing trades to wipe out your account. I have been trying something different to stop this happening. You may have to do this manually as I haven't seen it in an EA system. So for instance}-
trade 1 = 1 unit
trade 2 = 2 units
trade 3 = reversed direction 3 units
This coupled with a stop and a take profit should stop it getting way out of control.
Very many of the current EA systems on the market today use Martingale ,averaging down or grid systems. These can show spectacular profits while the market is quiet. However if the market gets into an extended trend it may trigger enough losing trades to wipe out your account. I have been trying something different to stop this happening. You may have to do this manually as I haven't seen it in an EA system. So for instance}-
trade 1 = 1 unit
trade 2 = 2 units
trade 3 = reversed direction 3 units
This coupled with a stop and a take profit should stop it getting way out of control.