Double your winning Not your losses. This is the motivation behind the design of this potential very powerful semi-automated Expert Adviser.
$10 win / $20 win / $40 win = $80
$10 + $20 + $40 = $70 Total Risk = $10
No matter how many levels you only ever risk your initial Bet / Trade entry of $10
$10 win / $20 win / $40 win = $80
$10 + $20 + $40 = $70 Total Risk = $10
No matter how many levels you only ever risk your initial Bet / Trade entry of $10
Each trade level set by the Compound money management EA represents a risk / reward ratio of 1 to 1.
Each level is then compound assuming that you won the previous trade level... and so on.
As each level rises similar to a trailing stop, so does your stop loss.
In the event of a loss then the EA is coded to automatically close all other entries.
The User using the Compound Money management trade panel has customisable option to which he/she can control risk, number of entry levels and and option trailing stop perfect for protecting pull-backs should you require it.
Each level is then compound assuming that you won the previous trade level... and so on.
As each level rises similar to a trailing stop, so does your stop loss.
In the event of a loss then the EA is coded to automatically close all other entries.
The User using the Compound Money management trade panel has customisable option to which he/she can control risk, number of entry levels and and option trailing stop perfect for protecting pull-backs should you require it.
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Renko Scalper strategy : Download
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