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The Fibo Reversals Expert

The Fibo Reversals Expert is the Expert Advisor built based on the trading strategy of "The Fibo Reversals Indicator". Here, the E.A. is used with two other indicators - "ComBo Trend Indicator" - https://www.mql5.com/en/market/product/24413? and "Holy Trinity Indicator" - https://www.mql5.com/en/market/product/101432?. The settings of this E.A. are a combintion of the individual settings of each of the indicators in use - with few additional basics.

SMART REVERSALS PENDINGS

  • -Smart_Pending_Reversals - Set 'True' to allow Expert Advisor automatically look out for trend reversal entries.
  • Smart_Pending_Extensions  - Set 'True' to allow Expert Advisor automatically look out for trend extension entries.
  • Pendings_Monthly - Fibo 'Father' High/Low price entry for the monthly time range.
  • Pendings_Weekly - Fibo 'Father' High/Low price entry for the weekly time range.
  • Pendings_Daily - Fibo 'Father' High/Low price entry for the daily time range.
  • Pendings_Depth - Indicator buy / sell depth level.
  • Pendings_Interval - Period interval for trade making decisions.
  • Pendings_TEMA_21_MA - Tripple Exponential Moving Average lower period.
  • Pendings_TEMA_55_MA - Tripple Exponential Moving Average higher period.
  • Pendings_Expiration_Hours - Pending Order time duration before expiration (in Hours).
  • Smart_Pendings_Trailing_Points - Trailing points for activated pending order trades.
  • Pendings_Closure_Days - Time duration after which an activated buy/sell trades must be closed.
  • ComBo_Father - ComBo Trend Indicator Father High Period.
  • ComBo_Son - ComBo Trend Indicator Father Low Period.
  • ComBo_HolySpirit - ComBo Trend Indicator signal Period.
  • ComBo_Interval - ComBo Trend Indicator period interval for trade making decisions.
  • Smart_Pendings_Tf - Time Frame used for entry calculations.

Note: For automated trading, each of these trading strategies are to be independently optimized.

TRADE_MANAGEMENT

  • Profit_Points - Enter desired take profit (in points based on traded symbol / instruments).
  • Loss_Points - Enter desired stop loss (in points based on traded symbol / instruments).
  • Fixed_Lot_Size - Enter your trading lot size.
  • Smart_Pendings_Confirmations - Use the Smart Reversals Pending calculations to confirm manual entries.
  • Expert_Close - Select to use the Expert Advisor precalculated closing conditions.
  • Scalping - a fixed peecentage (0.236%) of your pre-chosen take profit level. Use to take small size profits (if desired).
  • Friday_Night_Closures - If need be, close all opened trades before the weekend starts.
  • sfAI_Chart_Identity_Number - Change this number - in the eventuality that there are two or more settings for use per traded chart symbol. This will help the Expert Advisor identify each settings signals.
Happy, Safe And Successful Trading.


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This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
Gold Excel
Gregory Hay
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Welcome to   GoldExcel EA , an effective trader for the XAUUSD pair (GOLD). Developed by our team to work in normal accounts, funded prop accounts and prop challenges! Does not use HFT! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Trading PERFORMANCE Accounts (over 6+ months verified live trading) on 2 brokers Live $1K Start Now $18.5K (Risk Setup 5 -3 -15) :  https://www.mql5.com/en/signals/2133201 Live ICMarkets Account    (Risk Setup 5 -3 -15)   :  https://w
Odin AI
Nestor Alejandro Chiariello
5 (2)
Hello traders, I have designed ODIN AI with real results rigorously, impeccable for his wisdom and intelligence  , tool based on several of my previous   Strategies , adapting it to the   Forex Market , therefore it is adapted to the   artificial intelligence   of   machine learning , that is, the   AI   will read parameters and then consult them to my strategy, then it will learn so that the entries are of better quality, it also has a node where you can recover positions, another of the innova
Waka Waka EA
Valeriia Mishchenko
4.41 (49)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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Version 7.731 2024.05.07
Re-Engineered! Automated Smart Pending Order Entries.
Version 7.721 2023.07.12
Separating Auto Trading Modes From Manual Trading Mode
Version 7.711 2023.07.07
Redefined strategies.
Version 7.701 2023.06.29
Individual and separated trading strategies.