This EA is a new method of martingale.
The most important point in this EA and all the martingale methods is money management.
In the same strategy and similar methods, if money management is not maintained, it will call your account in a few days.
And most beginners fail when using martial methods because they ignored money management.
To use martial methods, because of the high number of orders and high need of margin, the balance should be sufficient.
That's why this EA is not recommended on low balance accounts.
EA strategy has been designed and optimized.
If you are not able to open an account with high balances, you can use cent accounts. These accounts are the best way to martingale strategy with low balances.
- Low drawdown
- No indicator used
- Prefer Zero Swap Accounts
- Use Fast VPS
- BEST SETTINGS (Every 500$ ACCOUNT BALANCE : lotage is 0.01 and GAP PIP is 45 -
to reduce risk you can set lot as 0.01 for every 1000$ ACCOUNT BALANCE and GAP PIP is 45)
- this setting is optimized with EURUSD and shall be optimized with other pairs.
- Lottage of First Position : Lot volume of first order
- Gap PIP to Open New Position: Distance (PIP) between orders
- any time frame. This Ea is independent of time frames.