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Martingale

Pro Spot · High risk

After a loss, size increases by a multiple. A rebound sells at the take-profit price. The instance stops when the add count is used.

Usage

Intended use

Intended when the user accepts that adds increase capital quickly, and that the instance becomes reduce-only when the count is used.

Execution

Enter the first order, add count, multiple, and take-profit. The count is stored on the instance and cannot be increased while running.

Before creation

The preview must be completed. The main result is the loss if every add fills and price moves further against the position. Live trading is unavailable when it cannot be computed.

After it is running

When the add count is reached, the instance is reduce-only and does not start another round.

Allocated funds can be lost in full.

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