The idea is to "forget” losing martingale series and start a new one with start lot x2.
Close by GA TargetProfit (for test) or implement total TP or PartialClose with old (forgotten) series.
Beware: we need an order manager (virtual?) for all functions to work properly!
In my opinion this will be the most useful addition to ever be added to CP EA. The sooner it’s commissioned the better
Hie Andrey....at what point do we forget the lossing Martin series....and after we forget it...how do we implement a recovery technique...
Hie Andrey....at what point do we forget the lossing Martin series....and after we forget it...how do we implement a recovery technique...
We "forget" it after the trade #x. Consider it as a SL for the last trade in series.
Recovery works in a very simple way – new series starts with a higher lot (x2?), and this allows to close previous losses with new profits.
Really appealing and encouraging idea - could help in many tough situations. Just needs a larger balance so equity can handle deeper swings. Definitely worth testing.