OPEN-SOURCE SCRIPT
[RS]Function Martingale Multiplier - MA Crossover Bias V1
EXPERIMENTAL:
WARNING: Martingale is subject to HUGE drawdown spikes, use at your own risk!
updated function to also double(aply multiplier) on even trades, example with a MA's crossover.
WARNING: Martingale is subject to HUGE drawdown spikes, use at your own risk!
updated function to also double(aply multiplier) on even trades, example with a MA's crossover.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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