Disliked{quote} And what is the entry criteria? How you define trend? based on PA in H4 or some indi? {quote} And how you decide the grid distance here for 2nd trade? {quote} So you don't place any hedge or anti-martingale trade? For example, trend on H4 is bearish, you placed a single Sell order 0.01, price went up 50pips, you opened another sell 0.01 hoping price will come down to level 1. But what if price keep going upwards here onward? you will use martingale here or SL?Ignored
I add more trades by enabling auto trading on marti EA attached already. if only first trade goes into profit and PA has completed the pullback or retracement.
I do hedge when I see higher time frame has changed the trend,normally this doesn't happen but if account can't sustain the DD,i open martingale hedge on 50% account,and that is also small lots and keep progressing lots if needed.
look at the example below,one trade is closed with profit ,other 2 trades will be realized soon and now I will place more trades as well
its very interesting ,some times both goes into profit.its very complex,i hope I m been able to explain it properly.its working for me ,I don't recommend anyone do it before understanding all steps involved in it.
Kashif you can give me a call,i will explain if needed.
Attached Image (click to enlarge)
