DD Reduction Algorithm
We need DrowDown Reduction Algotitm with Martingale!
We have 5 deals in short. DDRA will open deal in Buy with same lot as first (if Number order for DDRA=1) deal in Short, and close both then reach equal loss and profit (or pip\% profit). It is necessaty to stay alive then we see Bullrun. It will be another deals chain for Reduce lose deals.
It may be variables:
- DD Reduction Algorithm - drawdown reduction algorithm it when last order with profit will be close with first order series with loss. True\False
Number order for DDRA - from which order the drawdown reduction algorithm is activated.
Profit for DDRA – percentage of profit when closing orders in the drawdown reduction mode.
Simple example without profit:
XAUUSD Sell lot 1 on 1730 = XAUUSD Buy lot 1 on 1735
XAUUSD Sell lot 2 on 1735 = XAUUSD Buy lot 2 on 1740
XAUUSD Sell lot 3 on 1740 = XAUUSD Buy lot 3 on 1745
Hi!
1) What should EA do if price goes back right after DDRA deal is opened and main series is closed with profit?
2) What is the signal for open DDRA deal? Should it be opened immediately after order #x of main series is opened? If so, did you try "Auto-hedge after order"? What do you want to add to this hedge order?