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What is Multiplier?

moneygrows
May 16 2017 at 11:48
35 posts
Can someone explain to me what multiplier means? I keep seeing different variation of multiplier in Expert Advisors. There's the plain 'multiplier', 'lot multiplier', etc and i dont have any clue what it means.

Also what is the difference between multiplier and exponent?

togr (togr)
May 17 2017 at 06:23
4862 posts
Generally multiplier is used in martingale strategies where you double the trade size after loss.
When you double the position the mutiplier is 2, when you triple it it is 3, etcc..

moneygrows
May 17 2017 at 06:35
35 posts
togr posted:
Generally multiplier is used in martingale strategies where you double the trade size after loss.
When you double the position the mutiplier is 2, when you triple it it is 3, etcc..


So multiplier only multiply lot size right? Its not used to multiply the order distance?

oshaban (oshaban)
May 17 2017 at 07:06
185 posts
Multiplier = Lot_Multiplier = Lot_Exponent = ... = ... = ...
All these names for calculating the Next Lot for the trade to open in case
the Order(s) are still in loss and price is away by (usually) certain number of
pips. This number of pips could named by Step or PipStep or something
similar.
These names normally used in Averaging/Martingale/Grid EAs.

... oshaban ... skype: oshaban27 ...
togr (togr)
May 17 2017 at 07:13
4862 posts
moneygrows posted:
togr posted:
Generally multiplier is used in martingale strategies where you double the trade size after loss.
When you double the position the mutiplier is 2, when you triple it it is 3, etcc..


So multiplier only multiply lot size right? Its not used to multiply the order distance?


man, it depends on programming code
you could name variable profit and use it as stop loss :)

moneygrows
May 17 2017 at 07:16
35 posts
togr posted:
moneygrows posted:
togr posted:
Generally multiplier is used in martingale strategies where you double the trade size after loss.
When you double the position the mutiplier is 2, when you triple it it is 3, etcc..


So multiplier only multiply lot size right? Its not used to multiply the order distance?


man, it depends on programming code
you could name variable profit and use it as stop loss :)


Nice 😀

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