Hi i wanna create a martingale EA for this trading system on MT4 on 1 minute TF, the system is simple , contains two indicators: Half trend indicator and exponential moving average 200 indicator
rules are simple :
when price is above MA200 we look for buys
When price under MA200 we look for sells
half trend settings : 2 amplitude / 2 channel deviation
rules of enry:
*BUY: price must be above MA200, blue arrow appears for half trend indi , we go buy
stop loss on the last swing low, win is 1:2 ratio
*SELL: price must be under MA200, red arrow appears for the half trend indi, we go sell
stop loss on the last swing high, win is 1:2 ration
martingale calculation : starting from a risk of 0.01 size, MULTPLY ( lots*1.5 ) on every loss until we win that trade
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one issue is that the half trend system is from tradingview platforme with Pine script