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Create Reverse Martingale Bot

Prerequisites​

  • Reverse Martingale Bot enabled for your account
  • Sufficient trading balance
  • Understanding of strategy risks

Configuration Steps​

1. Basic Parameters​

  • Initial Lot Size: Set starting position size
  • Take Profit: Define profit target in pips
  • Stop Loss: Set risk threshold (Percentage from the TP pips)

Create reverse martingale bot

2. Trading Settings​

  • RSI Period: Default 14 periods
  • Overbought Level: RSI > 60
  • Oversold Level: RSI < 40

3. Risk Management​

  • Maximum 5 steps progression
  • Automatic stop after step 5
  • Monitor margin requirements

Activation​

  1. Review all parameters
  2. Check margin requirements
  3. Click Start
  4. Monitor initial execution

Monitoring​

  • Track step progression
  • Monitor open positions
  • Check overall P/L
  • Click Deactivate if needed an emergency stop