I need a
Buy Stop and Sell Stop set follow
by the Highest (+Premium Pips), and Lowest (-Discount Pips) of the previous
+6 pips (Premium) of previous = Buy
-6 pips (Discount) of previous = Sell
Martingale (2 levels).
If continuer same direction, lot size in same.
Buy 1 = 0.01 lot
Buy 2 = 0.01 lot
Buy 3 = 0.01 lot until meet a Sell Trade or TP.
1st level Martingale Increase:
If 1st is Buy 1 = 0.01 lot, and meet
a Sell Trade, depend how many pips different to the 1st trade, if
the different is 12 pips, the = 0.01 lot X 12 times (Sell 1 = 0.12 lot),
minimum is 0.01 X 3 times.
2nd level Martingale Increase:
After 1st trade lot size and 1st
opposite lot size (1st trade lot size X different pips), all next
coming opposite trade are 3 times increase of the last lot size. Until TP.
Buy (1st trade)
Buy =0.01 lot
Sell (1st opposite) =0.12 lot (different 12 pips)
lot (X 3 of last lot size increase)
=1.08 lot (X 3 of last lot size increase)
Sell =1.08 lot … Until
TP, and close all trades.
TP / Close Trade.
If there is a few trades open, maybe previous
hit TP already, only use the last open as a guild, either which one of the
direction hit TP 1st, and close all trades include opposite
Example 1, Ideal case:
Sell (1st opposite) =0.12 lot (if different 12 pips)
Buy =0.36 lot
=1.08 lot (Hit TP, close all trades)
Example 2, Worst case:
Buy =0.36 lot (X 3 of last lot size
lot (Hit TP, close all trades)
Sell =1.08 lot
1st lot size
1st level Martingale Increase level
(Automatic X 1st lot size)
2nd level Martingale Increase level
(X ? times)