Example - Scale Lots Up by Amount

Example - Scale Lots Up by Amount

  • Goal: I want to start with 0.01 lots and scale up by 0.01 lots for each topup.
  • How-to: Here is an example EA configuration how to achieve the above:
    1. Lots for Initial Trade Entry = 0.01
    2. Topup Lots Multiplier = 0
    3. Topup Lots Change by Lots = 0.01
  • Description: The below table shows the lots to be used for the trade entries:
    Price LevelEffective Lots after BUY Initial TradeEffective Lots after SELL Initial Trade
    Up ...-growing ...
    Up 7-0.08
    Up 6-0.07
    Up 5-0.06
    Up 4-0.05
    Up 3-0.04
    Up 2-0.03
    Up 1Exit at Initial's Target0.02
    Initial Entry0.010.01
    Down 10.02Exit at Initial's Target
    Down 20.03-
    Down 30.04-
    Down 40.05-
    Down 50.06-
    Down 60.07-
    Down 70.08-
    Down ...growing ...-