Reset Fade
Fades a stretched market without waiting for the turn, since the reset refunds being early.
- Contract
- Reset Call/Reset Put
- Default market
- Volatility 100 Index
- Pace
- Longer scans. RSI has to reach an extreme before it acts, which is uncommon by design. Move the overbought and oversold levels towards 50 to trade more often.
How it works
- Trading a reversal is normally punished by the timing rather than by the reading.
- Price stretches further before it turns, which on an ordinary contract is just a loss.
- Here, being behind at halfway moves the barrier to the price there.
- The further the market pushes against the entry first, the better that level becomes.
- So the bot buys against an RSI extreme with no wait for the turn to confirm.
- RSI extreme
- No wait for confirmation
- Relies on the halfway reset
- Loss cooldown
- Martingale with cap
Staking
It ships with a 2.1x martingale, sized to win back a losing run of up to 3 trades inside its stop loss, with a max stake of 5. Untick Use martingale on its card to stake the same amount on every trade.
Settings
Every number here can be changed on the card before you press Run bot.
Contract
| Setting | Default | Range |
|---|---|---|
| Duration (ticks)The reset happens at the midpoint, so the contract needs enough ticks to have one. | 6 | 2–10 |
Entry rules
| Setting | Default | Range |
|---|---|---|
| RSI periodHow many ticks the RSI reading is taken over. | 14 | 2–100 |
| Overbought levelRSI at or above this buys Reset Put. | 68 | 50–95 |
| Oversold levelRSI at or below this buys Reset Call. | 32 | 5–50 |
| Cooldown after a loss (ticks)The bot sits out this many ticks after a losing trade before it looks for a new entry. | 2 | 0–50 |
Stake progression
| Setting | Default | Range |
|---|---|---|
| Initial stakeThe amount staked on the first trade of each sequence. | 1 | 0.35–1,000 |
| Martingale multiplier1 keeps the stake flat. Above 1 multiplies the stake after each loss. | 2.1 | 1–5 |
| Max stakeIf the progression pushes the stake past this, it resets to the initial stake. | 5 | 0.35–5,000 |
Session limits
| Setting | Default | Range |
|---|---|---|
| Take profitStops the bot once session profit reaches this. | 10 | 1–100,000 |
| Stop lossStops the bot once session loss reaches this. | 10 | 1–100,000 |
| Max losses in a rowStops the bot after this many consecutive losses. | 4 | 1–20 |
Run Reset Fade free.
Sign in with Deriv and start on your demo balance. Every number on a bot can be changed before you press Run bot.
Open this botMore Reset Call / Reset Put bots
- Reset RiderEnters a trend early on purpose, because the reset pays for being too soon.