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Is any Martingale EA safe?
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[QUOTE="chief, post: 75133, member: 32330"] you may want to help yourself and google a bit of how martingle sequence works. first, martingle are not trading system to begin with, it's widely used at gambling purpose or horse race. double your bet each you got losing result. at trading activity, does similar way, for example you trade at GU, first BUY entry goes with 1 lot, suppose your order got negative condition, you put another Buy at 2 lot when the first entry shown -50 pips, it keep going that way for each 50 pips negative count from the last entry level. while exit level for all active order is 50 pips count from last entry trade. in short the lot sequence is 1,2,4,8,16 ... so on. reason why many ea use this system because it's good for marketing purpose if the ea result shown an explosive performance. martingle system give a fast profit result but also had a high risk to blown up your account. [/QUOTE]
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