Some of the bots smell very grid-like in nature, which should be a cause for concern. Does anyone know, or can anyone provide information on whether these bots implement exponential lot sizes in any situations, showing martingale tendencies? This can be very risky.
Also, I’m wondering how...
Some of the bots smell very grid-like in nature, which should be a cause for concern. Does anyone know, or can anyone provide information on whether these bots implement exponential lot sizes in any situations, showing martingale tendencies? This can be very risky.
Also, I’m wondering how...
how do you decide your stop loss as well as your take profit on the bot f you don't know the algorithm.
Normally, in a discretionary or algorithmic strategy, SL/TP levels are chosen based on something logical:
ATR (Average True Range): e.g. 1.5× ATR for stop, 3× ATR for take profit...
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