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:
- Lots for Initial Trade Entry = 0.01
- Topup Lots Multiplier = 0
- Topup Lots Change by Lots = 0.01
- 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 ... | - | 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 1 | Exit at Initial's Target | 0.02 |
Initial Entry | 0.01 | 0.01 |
Down 1 | 0.02 | Exit at Initial's Target |
Down 2 | 0.03 | - |
Down 3 | 0.04 | - |
Down 4 | 0.05 | - |
Down 5 | 0.06 | - |
Down 6 | 0.07 | - |
Down 7 | 0.08 | - |
Down ... | growing ... | - |