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Hi There - I require a forex martingale calculator which will advise the correct trade setup as per my risk\reward money management rules.
The calculator should have fields allowing me to input
1) Account Equity
2) Initial trade size
3) Pip step for next trade ie trade size multiplier
4) Maximum number of trades
It should then calculate for me...
what the result would be after x number of pips ie what the what the dollar drawdown
what collective drawdown would be at each step
what percentage drawdown would be.
what used margin would be at each step
other relevant info to the martingale system
Hope this explains somewhat - further details can be requested
Perhaps this can be done in excel or you can advise any other user friendly platform
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