Hello fellow traders
Now I've been searching for an EA that will trade as follows: You open a trade - let say a buy - so if the market go against you you open in the oppisit dirrection a double lot trade - so it is sell of course - and then if the market keeps going down then you wil acheave profit and close the whole cycle and begin from start. But if the market go up then you have to open a buy that is double lot from the last trade and that was a sell.
And you keep doing that untill you acheave profit. I dont know what this concept is called. But it is a very old idea. I dont know if you know such an ea that will do this concept?
Now I've been searching for an EA that will trade as follows: You open a trade - let say a buy - so if the market go against you you open in the oppisit dirrection a double lot trade - so it is sell of course - and then if the market keeps going down then you wil acheave profit and close the whole cycle and begin from start. But if the market go up then you have to open a buy that is double lot from the last trade and that was a sell.
And you keep doing that untill you acheave profit. I dont know what this concept is called. But it is a very old idea. I dont know if you know such an ea that will do this concept?