The new version price trap is as follows:

VARIATION 1:

Instead of a 1-way martingale, we will martingale in both directions. If in the original, the first command we only place 1 Buy order (suppose Buy 1 lot) with the expectation that the price will go up, this time we will place another Sell command 1 lot at the same price, at the same time with the expectation that the price will go down. The stuffing is similar to the original, but this time there will be 2 red and blue martingale lines as shown below.


Comment:
  • This way we will still be profitable when the price is sideways (unlike the original).
  • Because the order is stuffed in both directions, the capital must be large enough (if you don't want to break the burden in the middle of the road).
VARIATION 2:
  1. Let's say that the first position is Buy 0.1 lots with a TP of 30 pips and an SL of 29 pips.
  2. At the same time, place another Sell Stop command of 0.2 lots just below the Buy command 30 pips and a TP of 30 pips, an SL of 29 pips.
  3. If the price hits the SL of the first Buy command and activates a Sell order of 0.2 lots, continue to place the Buy Stop command at the same price as the first Buy and have a TP of 30 pips, an SL of 29 pips.
  4. Continue like that for the next command with lots of 0.4, 0.8, 1.6 ...
  5. If the price touches SL but does not trigger a new command due to the reversal, place another stop command with the same volume, so now we have 2 stop command with the same number of lots.
Comment:
  • There can only be a maximum of 1 command running at a time, so the margin does not need to be too large.
  • For the original, the stuffing volume is 0.1, 0.3, 0.6, 1.2 ... For this variation, the stuffing volume is 0.1, 0.2, 0.4, 0.8 ...
  • If the price sideways continuously, it is possible to hit SL many times, but on the contrary, if the TP is hit, it will make more pips.
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