"Close partially with profit" + "Only after deal N" + "New martingale deals only on signal"

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Fabio Campos
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  • Completed

A martingale focused in lowering floating losses

A strategy in which if the martingale is over "x" number of trades open (or "x" floating loss) it starts to close the martingale partially everytime the signal changes to the opposite direction.

To exemplify: imagine that the 6th trade of a martingale becomes positive, and we already have a big floating loss, and the positive of the 6th trade isn't enough to close the prior 5 trades, but is enough to close the negative of the 5th, 4th and 3rd trades, so we would close the 6th, 5th, 4th and 3rd trades and let the 1st and 2nd open (and the martingale could even continue again). This way we would, hopefully, reduce the maximum potential DD

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Recep Apaydın

Buy 9 order again. When conditions are met

There are 5 orders. risk control is not active.

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Recep Apaydın

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Recep Apaydın

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Recep Apaydın

Especially as a result of the sudden reversal of the trend, the orders remain in reverse. Failure to close orders with gain or breakeven magnifies the loss. With this idea, orders that are in loss are usually recovered in the correction and retraction of the price slope.

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1
Andrey Khatimlianskyi
  • Started

"Allow martingale deals on signal only" already available in v2.19

Other options will be ready soon.

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Andrey Khatimlianskyi
  • Completed

PartialClose done in v2.20

"Allow martingale deals on signal only" replaced with "Open martin on" parameter for each filter.

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Andrey Khatimlianskyi

https://communitypowerea.userecho.com/en/communities/4/topics/149-tunica-set-cp?redirect_to_reply=930#comment-930

The problem with Partial close is that it continues to increase the lot starting from the deal that left opened:

So, it lose control at all.

We should do something with it...

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Recep Apaydın
Quote from Andrey Khatimlianskyi

https://communitypowerea.userecho.com/en/communities/4/topics/149-tunica-set-cp?redirect_to_reply=930#comment-930

The problem with Partial close is that it continues to increase the lot starting from the deal that left opened:

So, it lose control at all.

We should do something with it...

Hello Andrey.  You know it doesn't work under the order number. 


-Close Partial After Order #(0-Disable)

-Min Profit to close (in account currency)

Can we add an option after these? 

Oscillator 1 or 2 Turn off with reverse signal: True / False

The oscillator will turn off when "Min Profit to close" is provided on its reverse signal. 

The new situation is as follows:


-Close Partial After Order #(0-Disable)

-Min Profit to close (in account currency)

-Oscillator 1 or 2 Turn off with reverse signal:  True / False


    

      

    

  



        
          

  
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      Andrey Khatimlianskyi 
      
    
        
        
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                        Quote from Recep Apaydın
                    

                    
Hello Andrey.  You know it doesn't work under the order number. 

-Close Partial After Order #(0-Disable)


-Min Profit to close (in account currency)
Can we add an option after these? 
Oscillator 1 or 2
Turn off with reverse signal: True / False
The oscillator will turn off when "Min Profit to close" is provided on its reverse signal. 
The new situation is as follows:

-Close Partial After Order #(0-Disable)


-Min Profit to close (in account currency)
-Oscillator 1 or 2 Turn off with reverse signal:  True / False



                
Do you want to activate Partial close on Oscillator signal only?

    

      

    

  



        
          

  
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      Recep Apaydın 
      
    
        
        
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Yes it should definitely be. When "Oscillator 1 or 2 Turn off with reverse signal" condition is met, it will be partially closed with "Min Profit to close".