Martingale base on DD%
Martingale base on dd% can be a good option.
For example I want to set open a position when dd% is 1%,
First martingale should be on 1% and the second one is 2% and so on...
Replies 5
I think it works for just the first martingale. Am I right?
I thinks Active Period works in another level. You cannot tell Active Period to open martingale each 1% from last position.
As I said the first position is 1%. The second one on 2% from the first position and 1% from the last position.
You can simulate this with Step increase coefficient < 1.
Calculate the initial Step size to loss 1 % (based on your start lot), and then play with Step increase coefficient (you need to decrease the step with every order because the sum lot will increase).
It will not be exactly what you want, but very close to it.
You can now do it with Active Period
Active periods (communitypowerea.com)
https://communitypowerea.com/docs/martingale#activeperiod