Ported over from MQ4 as requested on: viewtopic.php?f=27&t=60247
Basically a martingale grid that enters on a particular price volatility.
Changes from the original implementation I've done.
- Default implementation always forced the initial amount size of 1% of equity. This has been changed such that you can specify this number. Also, regardless of what is specified it cannot be less than the minimum trade size.
- Default implementation always created a grid with 5 levels. I've made this configurable with a 'Orders Limit' parameter so you can have more or less as required.
- Supports any timeframe for trade execution including ticks.
Please note that the Lockdown parameter does not work with FIFO accounts as it is not possible to track stop orders properly on these account types. Otherwise, enjoy.
Cheers,
MooMooFX
The Strategy was revised and updated on January 18, 2019.