This ebook is an indispensable guide for anyone using a Martingale system or planning on building their own trading strategy from scratch. It’s written from a trader’s perspective with explanation by example. It covers:
- All formula and logic you need to build a real Martingale trading system
- How to tune it to different market conditions
- How to tame Martingale to lower the risk
- Pros and cons of the strategy
- Martingale performance: Where it works and where it doesn’t
- Trade flow for an expert advisor
- Explanations and worked examples
This is a complete self-contained ebook course. Whether trading yourself or with software it contains everything you need to create your own winning trading system.
How to build a real system from the ground up
When used properly Martingale can deliver constant and steady profits. This guide works from first principles to explain how it works, to understand the risk, and how to set the risk to an acceptable level. It works through the formulae step by step, and gives an easy way to calculate every component that’s needed for the trading rules.
It covers both Martingale and anti-Martingale, and explains the pros and cons of each one.
The ebook also explains the factors you need to consider in a real system. These include setting your buy/sell signals and setting the system for different market conditions.
Written by Steve Connell, a leading authority on the subject.