ERS GAP STRATEGY.
-using your best trend finder indicator.
-EA activate a buy or sell trade following curent trend.
-set gap within trade going against trade taken following trend
-EA enter another trade when 1st trade go against by the set gap
-every trade after the 1st should be taken using our matingale system.
lets say for example:
EURUSD
trend detect down trend and EA take a first trade SELL @1.2100 and gap set at 10pips and martingal lot multiplier at 3
1st trade = SELL@1.2100 using 0.01lots
2nd trade = SELL@1.2110 using 0.03lots
3rd trade = SELL@1.2120 using 0.09lots
and so on.
1- target close all in profit amount.
2- target close all in breakeven+extrapips
3- maximum volume
4- maximum trade allowed.
5- only 1 type of trade is allowed at a time.(if there is a buy trade still on SELL should not activate etc)
6- if drawdown get to a particular percentage the lower lots trade should be closed to open another trade on the last bigger lots when a certain gap is met different from the initial gap(this should continue until trade becomes profitable.)
i.e if accumulated trade result to a set drawdown percentage let the trade with lower lot size be closed to reopen another trade on the last higher lots at a set gap.
Alternatively
If draw down on equity get to a particular %age EA should stop taking trade until the drawdown is reduced.
7- 1st trade should be trailed.
8- SL and TP should also be based on set not fractal.
9- secure by account and expiry.
10- on chart trading analysis
*balance
*equity
*lots taken
*current profit
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