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Fibonacci - expert for MetaTrader 4

Aharon Tzadik
Aharon Tzadik

Aharon Tzadik

3.6 (18)
14 products 90 codes 3 topics 372 comments
Views:
30694
Rating:
(15)
Published:
Updated:
FIBONACCI.mq4 (98.54 KB) view
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"Fibonacci" EA Trades when there is a retracement from "FIBONACCI"  levels.This EA can trade with  all time frames major forex pairs and stocks NASDAQ.

  • Try it on demo first.
  • It is possible to activate a hedge fund protocol for low drawdown
  • If you do not want to trade with increasing lot size when you lose  a trade set:"IncreaseFactor=0"

Inputs
    • ==================HEDGE FUND PROTOCOL==========================
    • HEDGE FUND PROTOCOL -Enabale Draw dwon control (values:true/false).
    • Close basket at +0.10% MIN_PROFIT_PERCENT (values:0.1-0.6).
    • Close basket at -0.50% MAX_LOSS_PERCENT (values: 0.5-0.8).
    • HEDGE FUND PROTOCOL_SLIPPAGE (values: 10-50).
    • =================================================================
    • Use_TP_In_Money- Use Take Profit In Money (values:true/false).
    •  TP_In_Money- Take Profit In Money   (values: 10-100).
    • ------------[Money Trailing Stop For Multiple Trades]----------------------
    • Enable_Trailing-Enable_Trailing with money  (values:true/false).
    • Take Profit In Money (in current currency) (values: 25-300).
    • Stop Loss In Money(in current currency) (values: 1-20).
    • Loss Index (values: 1.1-2).
    • --------------------------------------------------------------------------------------
    • Lots - Lots size (values: 0.01-1).
    • Lots size Exponent  (values: 1.01-2).
    • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
    • Stop_Loss - Stop Loss (values: 30-500).  /set value 600 for  Multiple Trades
    • MagicNumber - Magic number (values: 1-100000).
    • TakeProfit - Take Profit (values: 50-200).  /set value 600 for  Multiple Trades
    • FastMA - Fast Moving Average (values: 1-20).
    • SlowMA - Slow Moving Average (values: 50-200).
    • ---------------------CONTROL DRAW DOWN-----------------------------
    • UseEquityStop -  (values:true/false).
    • TotalEquityRisk- (values: 0.01-30).
    • -------------------------------------------------------------------------------
    • Max_Trades(1-12). 
    • ----------------IF YOU USE ONLY 1 TRADE:-----------------------
    • //////////////////////////////////////////////////
    • Enable "Break Even" -(values:true/false).
    • When move "Break Even"- (values: 5-30).
    • How much pips move- "Break Even" (values:5-30).
      -You should optimize this EA every few months and use the exact same  inputs from above .
      -You can use it as  hedging grid EA or a single trade EA.
      -How to perform back test:https://bit.ly/2CD7XWD

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