Example - Scale Lots Down by Multiplier
Example - Scale Lots Down by Multiplier
- Goal: I want to start with 0.10 lots and scale down to 70% for each topup.
- How-to: Here is an example EA configuration how to achieve the above:
- Lots for Initial Trade Entry = 0.10
- Topup Lots Multiplier = 0.7
- Topup Lots Change by Lots = 0.0
This example assumes that the broker minimum lots requirement is 0.01 for the market.
- Description: The below table shows the lots to be used for the trade entries:
Price Level Effective Lots after BUY Initial Trade Effective Lots after SELL Initial Trade Up ... - stays 0.01 Up 7 - 0.01 Up 6 - 0.01 Up 5 - 0.02 Up 4 - 0.02 Up 3 - 0.03 Up 2 - 0.05 Up 1 Exit at Initial's Target 0.07 Initial Entry 0.10 0.10 Down 1 0.07 Exit at Initial's Target Down 2 0.05 - Down 3 0.03 - Down 4 0.02 - Down 5 0.02 - Down 6 0.01 - Down 7 0.01 - Down ... stays 0.01 -