Code Library / Martingale
MQL5 Fibonacci Martingale
Fibonacci sequence for lot sizing instead of doubling. Slower progression.
Language: MQL5 · Category: Martingale · Tags: fibonacci, martingale, MQL5, lot sizing, safer martingale
Source code
double FibLot(double base, int level) {
if(level<=1) return base;
double fib[]={1,1,2,3,5,8,13,21};
return NormalizeDouble(base*fib[MathMin(level,7)],2);
}How to use this snippet
This is a building block, not a finished trading system. Paste it into your own MQL5 project, compile it, and test it on a demo account with your broker's real spreads before relying on it. If MetaEditor reports errors, the compilation error fixer can help.