A YouTube video by Alan Solarsh explaining how to evaluate Forex robots (EAs); this chunk advises checking EA input settings—specifically the 'multiplier' parameter—as an indicator of Martingale behavior. It warns that multiplier values >1.0 increase consecutive trade sizes and therefore risk.
How do you choose a good Forex robot? What do you look for? How do you decide if a robot is going to work or a robot is going to fail? Because there's lots of results out there, but very little success. When you add it to a live account, the first thing that you need to look for is when you open up the input section of the EA is to check the settings. What you want to look for is you want to look for this over here multiplier, and that is going to be a killer for your account. So when you see the multiplier, you are really know immediately that this robot is a Martingale robot. And if you set it to a multiple of more than 1.0, it means that all consecutive trades that open after your first trade are going to increase in value by that multiple. So let's say you open a trade, your first trade is a one lot. So we're going to put a one lot there. And then if you're going to make this a 1.2.
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