Hello traders , please help me to create a hedge Ea with a low martingale in next pending trades to catch pips whatever side that market moves , so the EA will multiply the lot in all open trades , i'm watching how market moves for over 5 years , but is impossible to do this strategy manually
Let me Explain better , i'm thinking to put 1 pip Stoploss and a 136 pips take profit , GBPUSD , trying to catch the moment that market move in one direction and not come back from that fixed point
So , why 136 pips take profit ? , because is 80 x 1,7 ( 1 pip stoploss + 0,7 pip ( broker comission ) ) , gbpusd have a very low spread in Icmarkets (sometimes 0,3 Pips spread ) and moves a lot
So , the trades need to be placed at a fixed point , and the Ea will repeat them over and over again , to catch when market moves 136 pips in any direction , when sl hit , the ea needs to put a pending buy order or a pending sell order , with the multiplier 1,0125 , but if the EA have a custom multiplier and custom TP/SL we can use more pips in take profit to reduce martingale risk , with this configuration in EA we can easily make 8% profit with 200 attempts to catch a 136 pips move in any direction , or a 16% profit with 150 attempts to catch a 136 pips move
Let me explain you better because at first time you heard maybe is hard to understand
Nº1) buy gbpusd 10.00 at 1.25000 SL 1.24990 TP 1.26360
Nº2) pending sell order gbpusd 10.12 at 1.24990 SL 1.25000 TP 1.23630 ( put this pending order together with last buy order 1 and same for below orders)
Nº3 ) pending buy order gbpusd 10.25 at 1.25000 SL 1.24990 TP 1.26360
nº4) pending sell order gbpusd 10.38 at 1.24990 SL 1.25000 TP 1.23630
N°5)pending buy order gbpusd 10.50 at 1.25000 SL 1.24990 TP 1.26360
N°6) pending sell order gbpusd 10.63 at 1.24990 SL 1.25000 TP 1.23630
...........
we can try 200 times , with a 1:500 leverage that is possible , only 136 pips for 8% profit with 200 attempts or 16% profit 150 Attempts
it is a hedge strategy with a low risk martingale , in news gbpjpy and gbpusd easily moves 200 to 300 pips
i'm thinking a strategy like this for XAUUSD Gold with low risk , but with all custom ( multiplier / sl pips / tp pips ) that is possible
Let me Explain better , i'm thinking to put 1 pip Stoploss and a 136 pips take profit , GBPUSD , trying to catch the moment that market move in one direction and not come back from that fixed point
So , why 136 pips take profit ? , because is 80 x 1,7 ( 1 pip stoploss + 0,7 pip ( broker comission ) ) , gbpusd have a very low spread in Icmarkets (sometimes 0,3 Pips spread ) and moves a lot
So , the trades need to be placed at a fixed point , and the Ea will repeat them over and over again , to catch when market moves 136 pips in any direction , when sl hit , the ea needs to put a pending buy order or a pending sell order , with the multiplier 1,0125 , but if the EA have a custom multiplier and custom TP/SL we can use more pips in take profit to reduce martingale risk , with this configuration in EA we can easily make 8% profit with 200 attempts to catch a 136 pips move in any direction , or a 16% profit with 150 attempts to catch a 136 pips move
Let me explain you better because at first time you heard maybe is hard to understand
Nº1) buy gbpusd 10.00 at 1.25000 SL 1.24990 TP 1.26360
Nº2) pending sell order gbpusd 10.12 at 1.24990 SL 1.25000 TP 1.23630 ( put this pending order together with last buy order 1 and same for below orders)
Nº3 ) pending buy order gbpusd 10.25 at 1.25000 SL 1.24990 TP 1.26360
nº4) pending sell order gbpusd 10.38 at 1.24990 SL 1.25000 TP 1.23630
N°5)pending buy order gbpusd 10.50 at 1.25000 SL 1.24990 TP 1.26360
N°6) pending sell order gbpusd 10.63 at 1.24990 SL 1.25000 TP 1.23630
...........
we can try 200 times , with a 1:500 leverage that is possible , only 136 pips for 8% profit with 200 attempts or 16% profit 150 Attempts
it is a hedge strategy with a low risk martingale , in news gbpjpy and gbpusd easily moves 200 to 300 pips
i'm thinking a strategy like this for XAUUSD Gold with low risk , but with all custom ( multiplier / sl pips / tp pips ) that is possible