Let's take the well known 10p3 ea. It goes martingale style, increasing the lots as it openes positions.
It openes a position long with sl10 and 50 tp then if ithe market goes 10 pips short openes another position long (hedging the first one) 10 pips TP and 50 pips stop loss with double lot size, then again if take profit on the last order is hit it closes all the orders otherways if the market goes again short another 10 pips than it openes another order long (again double lot size as in the last order) SL50 10TP, it keeps going martingale style till the take profit is hit.
How do you show this in excel? What formula should I use?
I want to see how much is wining/loosing in each case. And how much margin you need for each level.
It openes a position long with sl10 and 50 tp then if ithe market goes 10 pips short openes another position long (hedging the first one) 10 pips TP and 50 pips stop loss with double lot size, then again if take profit on the last order is hit it closes all the orders otherways if the market goes again short another 10 pips than it openes another order long (again double lot size as in the last order) SL50 10TP, it keeps going martingale style till the take profit is hit.
How do you show this in excel? What formula should I use?
I want to see how much is wining/loosing in each case. And how much margin you need for each level.