The Martingale system is a system of investing in which the dollar value of investments continually increases after losses, or the position size increases with the lowering portfolio size. The Martingale system was introduced by French mathematician Paul Pierre Levy in the 18th century. The strategy is based on the premise that only one good bet or trade is needed to turn your fortunes around.
Martingale Multiplier
This is the Martingale multiplier. If you lose a trade, your next trade will have a risk multiplied by this value.
Max Martingale
This is the maximum number of times we will multiply your risk. So if you set this to 3, and you lose 4 trades in a row, your Martingale multiplier will be capped to the value it was on lossed trade 3.
⚠️ CAUTION ⚠️
Martingale strategies traditionally indicate using 2 times multipliers of your risk every loss. It is not recommended to use high risk as this when trading, even the best strategies. It is advisable to use values less than 1.5 times multiplier and no more than 3 times in a row. While we do not limit your ability to set these values to whatever you want, you have been duly warned.