Hey guys, I hope you are all well.
Let’s say you use a martingale strategy and have multiple positions open for the same pair, each one a certain amount of pips above/below the other. Is there a way to create a function that will tell you at exactly what price you have to get out, in order to make a certain amount of profit?
So let’s say I want to close all positions once all the open trades for that pair total $200 profit (even the negative positions), at what price will I have to set the TP to for every single trade (it will be the same for all trades)?
Do you guys get where I am going with this? Does anyone know where to point me to?
Any help would be appreciated!