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6095779 (By pearlo )

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6095779 Discussion

Touareg
Aug 11 2010 at 04:52
94 posts
Hi Marco is this IBFX micro ?
how you set MaxTrade, Multiplier and stopLose

Try not to be greedy trading with no emotion
Marco Pearlo Encarnacion
pearlo
Aug 11 2010 at 05:22
127 posts
it is standard account. i used the set file from their website and didnt change anything.
6096196 is the micro account.

Touareg
Aug 11 2010 at 07:10
94 posts
Hi, Marco
when i want to trade with martingale, iam doing simple calculation
first i have to find out value of pip per lot, margin require per lot, multiplier, level to trade and lots to trade
example :
Pip = 10/Lot
Margin = 320/Lot
multiplier = 2
lots = 0.1

than i make this table

Level/Trade# - |- 1 -|- 2 -|- 3 -|- 4 -|- 5 -|-- 6 -|-- 7 -|-- 8 -|-- 9 -|- 10
Lots -------------- | 0.1 | 0.2 | 0.4 | 0.8 | 1.6 | 3.2 | 6.4 | 12.8 | 25.6 | 51.2
MarginRequire | 32 | 64 | 128 | 256 | 512 | 1024 | 2048 | 4096 | 8192 | 16384
SL ---------------- | 10 | 18 | 36 | 72 | 144 | 288 | 576 | 1152 | 2304 | 4608

total 10 level margin require+SL = 9208
so to trade 10 level martingale i need at least 2*9208 = 18416
or to trade with martingale simply hit and run

Try not to be greedy trading with no emotion
Marco Pearlo Encarnacion
pearlo
Aug 11 2010 at 07:52
127 posts
hi Touareg. i think we need to include leverage in the calculation.

i also use this kind of calculation. but i do it far more simplier.
1. multiply the lot size of the last level by your multiplier. in you example 51.2 * 2 = 102.4
2. i then use this online calculator https://www.exness.com/tools/calculator to calculate for the margin requirement.

so for the 102.4 lots i need
Margin: 67138.05 USD in a 200:1 leverage

Touareg
Aug 11 2010 at 08:05
94 posts
absolutely correct, base on leverage on broker side
my calculation base on leverage 1:500 on my broker

did you also calculate from 1st to 10th there was a 200 pips floating, 2nd to 10th also 180 pips floating .....etc (ex) .. ?
beside the margin required for each trade.
i always calculate margin require plus floating pips.

Try not to be greedy trading with no emotion
Marco Pearlo Encarnacion
pearlo
Aug 11 2010 at 08:16
127 posts
sorry missed that one in my calculations. thanks for the reminder. 😄

Touareg
Aug 11 2010 at 08:36
94 posts
iam not try to teach you Marco, sorry. 😈
i use to made a mistake as you did and i got Mom Call, i see you using martingale ea with 1:200 leverage and 2000 deposit with 3 pairs.
with that kind of configuration, hit and run is the best way to trade and i saw you did it. 😝 😎

Try not to be greedy trading with no emotion
Touareg
Aug 11 2010 at 08:51
94 posts
1. multiply the lot size of the last level by your multiplier. in you example 51.2 * 2 = 102.4
------
i missed this one

512 because it from 1.6 lots (trade #5, SL/floating minus 144)
1024 it from 3.2 lots (trade #6, SL/floating minus 288), remember martingale always multiply lots not margin require, so calculate margin and SL from lots of trade.

that's why my margin lot bigger than your calculation .....

😄 😎

Try not to be greedy trading with no emotion
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