What is Multiplier?

moneygrows

Tham gia từ Jan 14, 2011 35bài viết

May 16, 2017 at 11:48 (đã sửa May 16, 2017 at 11:51)

Tham gia từ Jan 14, 2011 35bài viết

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

Tham gia từ Feb 22, 2011 4573bài viết

May 17, 2017 at 06:23

Tham gia từ Feb 22, 2011 4573bài viết

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

Tham gia từ Jan 14, 2011 35bài viết

May 17, 2017 at 06:35

Tham gia từ Jan 14, 2011 35bài viết

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

Tham gia từ Sep 16, 2009 188bài viết

May 17, 2017 at 07:06

Tham gia từ Sep 16, 2009 188bài viết

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

Tham gia từ Feb 22, 2011 4573bài viết

May 17, 2017 at 07:13

Tham gia từ Feb 22, 2011 4573bài viết

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

Tham gia từ Jan 14, 2011 35bài viết

May 17, 2017 at 07:16

Tham gia từ Jan 14, 2011 35bài viết

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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