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Mwl Machine

The martingale was introduced by the French mathematician Paul Pierre Levy.

The martingale was originally a type of betting style based on the premise of "doubling down". A lot of the work done on the martingale was done by an American mathematician named Joseph Leo Doob, who sought to disprove the possibility of a 100% profitable betting strategy.

This strategy is based on probability theory.

Why Martingale Works Better with FX

One of the reasons the martingale strategy is so popular in the currency market is because, unlike stocks, currencies rarely drop to zero.

Although companies easily can go bankrupt, countries cannot.

There will be times when a currency is devalued, but even in cases of a sharp slide, the currency's value never reaches zero.

Most traders will probably reply with a resounding, "Yes!". Amazingly, such a strategy does exist and dates all the way back to the 18th century.


Recommendations

  • Needed 1:300 leverage as a minimum.
  • Use a broker with Rebate, Deposit bonus, low spread and VPS.
  • You can begin to use it with $1000 only.
  • The used timeframe is M1 or M5.


Parameters

  • MAGICMA: magic number.
  • distance: distance between each order, a minimum of 60.
  • Tp: Take profit level, a minimum of 5.
  • Lots: number of lots, a minimum of 0.02.
  • Slippage: permissible slippage for opening an order.
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