VIDYA N Bars Borders EA with Martingale Position Increases
Summary
This brief description explains an expert advisor that acts on signals from a custom VIDYA N Bars Borders indicator. Before placing a signal-based trade, it checks current profit; when that profit is negative, it increases the trade lot according to a configurable position increase ratio. The EA can keep buy and sell positions open at the same time, and closes all positions once their combined result reaches a specified cash profit target.
The document gives no signal rules, asset or timeframe details, backtest, or performance evidence. It also does not explain how profit is measured across simultaneous positions or how exposure is capped. Increasing size after losses can magnify drawdowns, and holding opposing positions can add costs without guaranteeing a hedge. The description is useful as a basic outline of the position management logic, but it is not enough to assess the strategy’s risk or effectiveness.
Key ideas
- The advisor takes trade signals from a custom VIDYA N Bars Borders indicator.
- When current profit is negative, the next signal can be traded with a larger lot.
- A configurable ratio controls the position increase.
- The advisor may hold buy and sell positions simultaneously.
- It closes all positions after reaching a cash profit target, but provides no performance or risk limits.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.