moneygrows

Member Since Jan 14, 2011
35 posts
May 16 2017 at 11:48

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?

Also what is the difference between multiplier and exponent?

togr
(togr)

Member Since Feb 22, 2011
4862 posts
May 17 2017 at 06:23

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..

When you double the position the mutiplier is 2, when you triple it it is 3, etcc..

moneygrows

Member Since Jan 14, 2011
35 posts
May 17 2017 at 06:35

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?

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.

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)

Member Since Feb 22, 2011
4862 posts
May 17 2017 at 07:13

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 :)

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