What is Multiplier?
May 16, 2017 at 11:48
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5 Replies
Miembro desde Jan 14, 2011
posts 35
May 16, 2017 at 11:48
(editado May 16, 2017 at 11:51)
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?
Miembro desde Feb 22, 2011
posts 4862
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..
Miembro desde Jan 14, 2011
posts 35
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?
May 17, 2017 at 07:06
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 ...
Miembro desde Feb 22, 2011
posts 4862
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 :)
Miembro desde Jan 14, 2011
posts 35
May 17, 2017 at 07:16
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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