FiboArc - expert for MetaTrader 4

"FiboArc" EA draws Fibonacci Arcs on chart and trades with price breakthrough,has Trailing Stop Loss &Take Profit works with all time frames major forex pairs and stocks NASDAQ.

• Try it on demo first.
• This EA trades only with the price of open candle!
• If you do not want to trade with increasing lot size when you lose  a trade set:"IncreaseFactor=0"
• I combined together a simple EA with two moving averages and Fibonacci Arcs,
• The Fibonacci Arcs do not work on test mode,
• The optimization tests can be performed only with moving averages,
• In live trading only, Fibonacci lines and moving averages will work together,
• During tests, the EA  only draws the Fibonacci Arcs on the screen in  visual mode without considering them in the creation of trades,
• The Fibonacci Arcs will function as a filter .
• In this situation the probability of winning trades increases.

Inputs

•  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
•  TP_In_Money- Take Profit In Money   (values: 10-100).
• Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
• TP_In_Percent- Take Profit In Percent (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: 25-200).
• Stop Loss In Money(in current currency) (values: 1-20).
• ------------------------------------------------------------------------------------
• Fibonacci Arcs length (bars)(values: 10-100).
• Fibonacci Arcs color.
• Fibonacci Arcs ancor candle number (last bar is number 0)(values: 0-10).
• Exit=Close trades if the trend is against you and control draw dwon (values:true/false).
• 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).
•  Mom_Sell-Momentum_Sell trigger(values: 0.1-0.9).
•  Mom_Buy-Momentum_Buy trigger(values: 0.1-0.9).
• ---------------------CONTROL DRAW DOWN-----------------------------
• UseEquityStop -  (values: true).
• TotalEquityRisk- (values: 0.01-20).
• ------------------------------------------------------------------------------
• Max_Trades(1-5). 
• IF YOU USE ONLY 1 TRADE:
• //////////////////////////////////////////////////
• USETRAILINGSTOP-If use trailing stop (values:true/false).
• WHENTOTRAIL-When to trail (values: 40-100).
• TRAILAMOUNT-Trail amount (values: 40-100).
• Distance From Candle -Distance From Candle (values: 1-100).
• USECANDELTRAIL=If use candle  trailing stop (values:true/false).
• X=2-number of candles (values: 1-100).
• 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

Links to more efficient versions in the Market:

• Hybrid
• Candlesticks rate of price change
• Fast Turtle
• Ichimoku Breakout
• Fibo Price change
• Trend pullback