As you know the risk to use martingale EA is when we face huge up/down trend witout any pull back.
Attached is a Reverse Martingale EA I found somewhere on a thread before. It works like this.
1. place two orders in both directions at first
2. also place pending lot multipled orders in both directions every set pips level
I think this one can be a perfect hedge EA run with other Martingale EAs if those functions below are equiped:
1. trailing stop when each pending order starts.
2. if active orders of this EA hits trailing stop, close all orders including pending orders and start again automatically.
P.S. This type of EA might be exists already but I could not find it so far. Coz there are so many articles here.... If so, your telling the thread# would be very much appreciated.
Title: Reverse_Beta
Currency Pairs: All Timeframe: H1
CPU Load: Almost zero Test Lots: 0.01 to 37.7
Best Result With: AUD/USD, EUR/USD, EUR/CHF, GBP/USD
Compatibility: Only MT4
Attached is a Reverse Martingale EA I found somewhere on a thread before. It works like this.
1. place two orders in both directions at first
2. also place pending lot multipled orders in both directions every set pips level
I think this one can be a perfect hedge EA run with other Martingale EAs if those functions below are equiped:
1. trailing stop when each pending order starts.
2. if active orders of this EA hits trailing stop, close all orders including pending orders and start again automatically.
P.S. This type of EA might be exists already but I could not find it so far. Coz there are so many articles here.... If so, your telling the thread# would be very much appreciated.
Title: Reverse_Beta
Currency Pairs: All Timeframe: H1
CPU Load: Almost zero Test Lots: 0.01 to 37.7
Best Result With: AUD/USD, EUR/USD, EUR/CHF, GBP/USD
Compatibility: Only MT4
