Settings
Last updated
Last updated
Percentage Drop for Position Increase (0.1-15%): percentage distance of the new opening order from the previous one. This value is calculated from the price of the previous level.
Max Position Increase (1-15): maximum number of Martingale orders allowed.
Multiple for Position Increase (1-2x): multiple for calculating the size to be assigned to each new order.
New Martingale Order = Starting Order Size * (Martingale Number * Multiple for Position Increase)
Where Starting Order Size refers to the amount of the initial size of the first order, a value found in the Properties section of the user interface [A].
Target Profit Percentage (0.5-1000%): percentage take profit required to close the Martingale model. It is calculated on the average entry price.
Take Profit = Average Entry Price + (Average Entry Price * Target Profit Percentage / 100)