Minimum Profits

ESB uses your account currency for managing martingale. Every martingale rally has a risk. This means if martingale rally fails, a percentage of your account balance is dropped. Therefore, every time ESB enters a rally, this means you accept a risk. You can set a “Minimum Profit to Risk” for the target. This means you set a percentage of risk as a profit target. On doing this the ESB will automatically trigger a clean close only when the profit target is reached. For example, suppose your account is in USD and your martingale are at risk R% and you set the minimum profit/risk parameter to P%. Then the minimum profit of a martingale rally is P% from R% of balance for common rallies. suppose you set “P” to 20% and Martingale risk (R) is 10%. In this case, if balance is 10000$ then every stop is equal to 1000$ loss and min profit is 200$. If the maximum attempt is reached, the profit engine uses the next parameter for check closing profit. It is set to zero by default. 

The market is not stable on Mondays and Fridays and this is the reason that some traders like to have less risk. There are also two ratio numbers for Mondays and Fridays: “Monday Profit Ratio” and “Friday Profit Ratio”. ESB multiply these ratio numbers to profit for calculation profit on Mondays and Fridays. Suppose you set the Friday ratio on 0.7. If the target profit in other days of the week is 200$, on Fridays this target will be 0.7*200$=140$.

You can set profit of every step manually. Just fill the “Manual Profits” field in a comma-separated format. In this case, ESB doesn’t use “Minimum Profit to Risk” and “Min Profit/Risk If Max Orders” anymore. For example, if you set Manual Profits like this:  5,10,15,8,4,0. This means the profit of the first position of the rally is 5% of risk and profit of the first attempt is 10% of the risk. The next attempt at 15% and the next 8% and the next 4% and last attempt profit is 0% of the risk. In case you don’t enter enough numbers, they will be 0% by default.