I have let Marti do a few test runs.
After the introduction of indicators namely ema100 and macd, more or less happy of how it is going.
Here are some thoughts of making it working well and not viewing it as a reckless robot.
We talk about numbers.
BTW i have acquired a simple spreadsheet which i have put in my taskbar called spread32. Its quick and fast on simple calculation and so i can make a fast review of how it play about Marti.
-Treat the sequences of Marti trade as one trade. Add commission as part of the calculation.
-Do a MM on this.
- Lets start
Say we only aallo our account to decrease by 10% for a session of trade (make it riskier rather than having a tiny 2%)
Basing 0n 0.1 lot as starting lot, i will allow until the 7th trade (6.4 lot) to call it quits for the session if losses. That will work out to be $1397 (plus commission)
So if that is 10% of the amount in balance the balance would be $13,970 pretty simple ehh ?
So in order to trade with such magnitude at 0.1 you need nearly $14k in your account. Anything more or less just adjust the base money.
So your trade for the day will carry on. Remember for this you are only aiming for $10 per win. So if I am aiming for the same 10% for the day it will be $1397/10 = 140 winning trades ! to do that that is quite a lot to achieve. And once you have a losing 7 streak in a row, youre done for the day.
But how can we improve this? By adjusting the lots as (if) it increase basing on Money Management too.
That'll will be for further thoughts.
