hello math trader! i am very inspired from your projects and for your automate a simple renko strategy i want to put down my 2 cents if its okay with you. Is it possible to add a loss recovery function it will not be like lot multiplier but something different . let me give u an example-
lets say i have 1000 usd balance and going to trade for 10 pips in eurusd with .03 lots. Now if it hits 10 pip sl or any other sl which is defined by EA the loss will be 3 usd now in the next trade only on eur usd loss recovery function will be activated and it will take consider the previous 3 usd loss and new 10 pips target with 0.03 lots that means from my 2nd trade ea will calculate lot size based on pips required for TP 0.06. again if eur usd hits my SL it will do the same thing and consider previous loss of 3usd+6usd = 9 usd and take consider of new 10 pips for TP at now the lot size will become 9usd+new 3usd target = gives me lot size of 0.12.
just my little MM budoo idea.. hahah let me know please what u think about that.
stay safe guys!
lets say i have 1000 usd balance and going to trade for 10 pips in eurusd with .03 lots. Now if it hits 10 pip sl or any other sl which is defined by EA the loss will be 3 usd now in the next trade only on eur usd loss recovery function will be activated and it will take consider the previous 3 usd loss and new 10 pips target with 0.03 lots that means from my 2nd trade ea will calculate lot size based on pips required for TP 0.06. again if eur usd hits my SL it will do the same thing and consider previous loss of 3usd+6usd = 9 usd and take consider of new 10 pips for TP at now the lot size will become 9usd+new 3usd target = gives me lot size of 0.12.
just my little MM budoo idea.. hahah let me know please what u think about that.
stay safe guys!