Can any one code this strategy to an EA?
Basically, it works based on this idea
possible inputs we should use
[1]lotsize
[2]pipedifference
[3]takeprofitpips
[4]martingale
When ea starts it opens one buy and one sell pending orders with the distance we defined in pipedifference input setting
[1] at start price will go to either sell order buy order and it will take profit and rest pending order will be deleted
[2] for example price goes to sell order with lot size of 0.01 and without taking profit it bounce back to old pending buy order with starting lot size for example 0.01 so when price bounce back from sell order to again buy pending order then it will excucte that first 0.01 lot size but also again open second buy order at same price with bigger lot as per size created by martingale input ultimately it will take profit so buy order size will be 0.03 in total but sell lot size which is 0.01 lot will be in loss but ultimately we will be in profit
[3] ea will keep opening orders like this with bigger lot size to those 2 prices until we take profit.
let me know if I am clear..
Basically, it works based on this idea
Inserted Video
possible inputs we should use
[1]lotsize
[2]pipedifference
[3]takeprofitpips
[4]martingale
When ea starts it opens one buy and one sell pending orders with the distance we defined in pipedifference input setting
[1] at start price will go to either sell order buy order and it will take profit and rest pending order will be deleted
[2] for example price goes to sell order with lot size of 0.01 and without taking profit it bounce back to old pending buy order with starting lot size for example 0.01 so when price bounce back from sell order to again buy pending order then it will excucte that first 0.01 lot size but also again open second buy order at same price with bigger lot as per size created by martingale input ultimately it will take profit so buy order size will be 0.03 in total but sell lot size which is 0.01 lot will be in loss but ultimately we will be in profit
[3] ea will keep opening orders like this with bigger lot size to those 2 prices until we take profit.
let me know if I am clear..