Lets talk about a unique idea of martingale (Which Might already been discussed and tried in tester, who knows.)
Major problem of Martingale Grids is Retracement / Correction.
We all know that Martingale rely on retracement and our account enters in danger zone once price takes one direction without a 30-40% retracement. So, the idea is to reduce the dependency on retracement and replace it with something else. Lets say, how can we close our martingale cycle of 12+ trades with correction of 2 grid levels (10-20%) retracement instead of 4-5 grid level correction (30-40%).
If we can do this, we will have higher chances of survival of martingale. But the question is, what is that something else?
I will try to explain in my next post.
Major problem of Martingale Grids is Retracement / Correction.
We all know that Martingale rely on retracement and our account enters in danger zone once price takes one direction without a 30-40% retracement. So, the idea is to reduce the dependency on retracement and replace it with something else. Lets say, how can we close our martingale cycle of 12+ trades with correction of 2 grid levels (10-20%) retracement instead of 4-5 grid level correction (30-40%).
If we can do this, we will have higher chances of survival of martingale. But the question is, what is that something else?
I will try to explain in my next post.
Grid / Martingale / Hedge Lover
2