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Great Martingale with Series

MQL5 Esperti

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Excelent style with precison coding mentality

Specifiche

The Great Martingale and Classic Martingale will be coded selectively in one . The Coder should know well both of Great and Classic Martingale and calculation of both of their lot sizing.  Should understand the below Formulas of lot sizing after one loss or consecutive loses. if not understand the below please do not apply .

A different trailing stop which calculates all profits/losses in a serie will be applied ,here pasted under the description below.

The startegy , most of its rules (around %80 ) explained here below ,will be implemented in a style of consecutive series :

A Serie : means a group trades which creates an amount total profit or a total loss defined below. So That this strategy consists of ongoing consecutive series.

The Great Martingale is based on the same rules of the Classic Martingale with one difference, the player must add a bet unit each time he loses.
Besides covering the losses, this strategy allows to recover the potential profit of lost bets.
Formula of lot adjustment for the second position after a loss :


Great Mart. New Lot(After Loss) =           Total Loss Pip x Total Target pips
                                            ___________________________________   x Base Lot
                                             80 (numerator of RR Ratio)
                                                                                              Total loss = 100pip from the first trade. Target pips =160 (80 pips from the first + 80 for the second position )                                                                 Result = (100*160 ) /80 = 3.25 * 1 (Base Lot)


Base Lot  : 1
Virtual.TP:80 pip
Virtual.SL:100 pip
RR Ratio : 80/100
WhichStrategy : Great M./Classic M.

A Serie : means a group trades which creates an amount total profit or a total loss defined below. So That this strategy consists of ongoing consecutive series.

Total Profit: 1000 pips , whenever a serie creates 1000 pips profit , close all positions and finish the Serie ant start for new serie.  Total Profit= (Pips gained -Pips lost)
Total Loss  : 1000 pips , whenever a serie creates 1000 creates pips loss , close all positions and finish the first Serie .             Total Loss  =  (Pips lost -Pips gained )
Comment : After a serie closed, give a number starting from number 1 , and say SERİE 1 closed with profit/loss  -+ 10 usd .

Delay : 10 (hour time waiting after a serie closed). 


**************Trailing Function below will not be coded at start for clearity, later if needed********************************


 Trailing Start Point  :1000 pips . This is not for individual trades but for whole serie. it will trail according to serie's total gained or loss pips . So we can not draw a trailing line ,

but calculates at each gained or loss pips . Trails start at the "Total loss" starting level below defined .

Trailing Step  :10 pips

 

Please show On Chart the counting data and the trailing point

Current Serie No : ....

Current gained Pips : ....

Current Loss  Pips : ....

Trail Stop Point: .....




File:

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