reset martingale betting system
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Hi,
I'm wonder if there is some way to "manually" reset the martingale betting system. I'd like to reset it if, at the end of the day, the equity or balance is positive. Because if I run my EA in more than one cross (eurusd, gbpusd for example), it should happen that eurusd operativity is negative while the gbpusd is positive and, at the end of the day, the balance is positive. So, in this case, I'd want to reset both martingala counter and...tomorrow is another day.
Thanks,
Alessandro -
You have two options for Reset. "Reset after how many losses?" and "Reset after how many profits" These are normally fixed numbers, they don't change. But if their value comes from a Variable, you can control them from outside the block by controlling the variable.
Or just create trade with your initial profit at any given time from another Buy now/Sell now (where Maraingale is not present).
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Ok but I don't understand how it can reset even if I set a variable. I mean...if I set Reset after how many profit with a variable, a profit have to happen to reset it. I'd like to reset it without any further trade at the end of the day.
How can I achieve this?Thanks,
Alessandro -
Just create some trade from another "Buy now" or "Sell now" with the initial lot when you want to reset Martingale
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Yes but I keep not understanding...even with a new trade from a "normal" buy/sell block, if the trade goes to TP ok but if it goes to SL the next trade doesn't start with Martingale logic. Or can't I understand something?
Thanks,
Alessandro -
My idea is something like this - https://fxdreema.com/shared/dAXJCdzGd
To open martingale trades most of the time and only sometime to open the initial lot size, which resets the martingale lots as well. Because the next lot in the martingale sequence is calculated from the last tradeOr the order way is to work with the settings using some Variable. This is probably the better way, but a bit more advanced
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Ok...it sounds a little bit complicated respect what I thought but I'll try to implement something starting from your advice and I'll inform you if and how I have achieved this.
Many thanks,
Alessandro -
if buy get lost then sell happens...it not increase lot size but it wait for buy to occur again to increase lot size.
please check -
From what I see in your projects, you can have multiple trades at a time. If there is a running trade, Martingale works with the lot size of the latest running trade. Maybe because of thins it doesn't work as you expext. But what to expect when there are running trades... you know that Martingale is supposed to work with 1 trade at a time.