DislikedRama, some more bugs.
1. G/U was with 7/9 trades opened, with a 6th with 5.00 lots, and the 7th with 0.74 lots (WHY? Because the MaxLots=5). I see it was too much and I modified 2 settings: FactorLot=4.0 to 3.0 and MaxLots=5.0 to 6.0. What happen? It instatly OPEN 14 trades with 6.0 Lots!!! I close one of them and all others was closing one by one automaticaly.
So .. never change settings while you have trades opened.
Ignored
Your effort to test and understand the idea really surprised me.
I suggest start using EA with parameters set on files *.set uploaded on MA Martingale v3.0.zip to test and full understand how it works.
They have the parameters with high return, low drawdown, and tested from 06/2004 till today.
You must copy them on \expert\presets folder. Execute MT4 terminal, press F7 on the chart you are running the EA. On page “inputs” click bottom “load”. Look for the file copied on presets folder. Finally, assure the magic number for opened orders, and click accept.
I’m uploading EURJPY setting, finished testing tonight. Next Monday I’m going to start trading alive this. It’s great. You can use it with a risk higher than the set one. Up to 0.30.
About MaxLots parameter, forget it. This parameter is the maximum values broker allows on a single order. Why this parameter exists: because there are some brokers that use different maximum lot size. So simply set this parameter to 50 on mini, 100 on std.
I am thinking on code the EA to calculate this value if trader set the parameter MiniAccount=true/false, to avoid this confusion. But it will be a problem if broker maximum lot size is different, particularly if it is smaller. Perhaps, simply changing the name to MaxBrokerLot?.
I don’t understand the sequence you mention, why don’t you type it complete, or upload an excel?
And,
NEVER CLOSE ORDERS WHILE A MARTINGALE IS RUNNING.
All will get close immediately. Except you want this.
You can change the parameters when ever you want/need.
Attached File(s)
eurjpy 30m.zip
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