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    Fibonacci Betting - how to reset?

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    • B
      bedeka last edited by

      Hi,

      I'd like to ask how can I reset my Fibonacci Betting? The case is that lets say I've started EURUSD trading with 0,01lot, and now even if I close chart, open it again and load my EA again it does not start again from 0,01lot, instead it continues where it was stopped before (i.e. 0,05lot). How could I manage this? Thanks in advance.

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      • roar
        roar last edited by

        Well, I don't know how the "buy now" block's system works, are you sure it doesn't reset itself by default, when removed?

        There's always the possibility of manually making your own fibonacci system, just some Formula and Modify variables blocks 😄

        Need small help? Tag me in your post
        Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

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        • B
          bedeka last edited by

          Well, the reason why I wrote this post is that I've logged into my MT4 account on different workstation, I've opened new chart, runned EA and what surprised me is that it didn't started with 0,01, but with 0.05 instead (my initial lot size is 0.01 obviously). Now I'm wondering how my EA "remember" last trade size, and how can I rested Fibonacci Betting whenever I want (at least every time I load my EA on newly opened chart?)

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          • roar
            roar last edited by

            Hmm, maybe it looks the trade history..
            Or stores the value as Global variable - check F3, is there any global variables?

            Need small help? Tag me in your post
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            • roar
              roar last edited by

              I put together some manual fibonacci setup. It always resets when removed, unless you have a global variable which stores the fibo numbers. Lot size increases only when all trades are closed. Its just an example, needs further work 😄

              https://fxdreema.com/shared/qAoWu9Vhc

              manual fibo.mq4

              Need small help? Tag me in your post
              Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

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              • B
                bedeka last edited by

                I'll verify this at home. Thanks for your effort 🙂

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                • B
                  bedeka last edited by

                  Here: https://fxdreema.com/help/working-with/money-management

                  I've found this satatement "This money management method allows you to restart your expert advisor without losing information about its current state".

                  Now I'd like to know how can I reset information about current tradinf lot state after restarting my EA 🙂

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                  • fxDreema
                    fxDreema last edited by

                    For some MM methods the next lot size is calculated after reading the lot size of the previous trade and that's why even if you restart the EA, the strategy will continue. And for other MM methods I keep temporary values in variables, which are lost if you restart the EA.

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                    • B
                      bedeka last edited by

                      but if you can't reset Fibonacci Betting then you can use it only once... I mean after you start your EA you're not able to modify lot size because it depends then only on your winning/losing serie...? It is intentional?

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                      • O
                        oliverstone last edited by

                        Just change the Magic Number and It will work as you want.

                        New success Trader
                        whatsapp +22544533051

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