Quote:
Originally Posted by fxgrm  Hello:
The Cyborg only uses a maximum of 2 limit orders using Strategy #3
Strategy #1 uses only 1 limit order and a SL of 100 pips.
True Martingales keep doubling down until in profit. Not Cyborg. It chooses its direction and only places 1 or 2 limit orders maximum to take advantage of the drawdown and also modifies the TP and SL so the trade can be exited earlier than the original TP of the primary order, and always back in the same direction of the trend as dtected by its internal indicators. If you go to the eu4x.com website you can see better how Strategy #1 works. With a TP of 30 and emergency SL of 100 pips it works quite well.
Also, most martingales typically place a long and short position at the same time and wait for retracements which can be a big problem as you know.
Also, the multiplier can be set to a value less than 2.
Hope this helps. |
hmm, thats interesting.
but it must hedge i would assume, that is a problem with that frickin new rule they just came out.
but i just got a mail from fxdd stating they will have a solution for that.
sure looking forward to the forward test here soon
