The strategy is based on the principles of martingale. Strategy trade
on EUR/USD currency pair, at any time of the day. The strategy does
not use any patterns and
indicators.
Entry point is pretty basic - if the last candles direction is
bullish - strategy going to open Short trade,
and vice versa for Long trade. Time frame 10 minutes.
Stop-loss is 15 pips, Take-Profit is 30 pips. Initial position size
- 2.0 million. If the position closed by stop-loss - the size of the
following trade will be increased by 1.8 times (2.0 - 3.6 - 6.48
million...etc) to compensate the
loss from the previous loss trade. I think that this combination of
stop-loss/take-profit and increasing factor the size of the next
trade
after losing trade - is an optimal combination of profitability and
safety.