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ZigZag Fibo EA

FREE

Published: 16 February 2024

Current version: 1.1

ZigZag Fibo EA

Name: ZigZag Fibo EA
Rating: 4.285714 (7 reviews)
Author: Andrey Tatarinov

4.29

Experts
Andrey Tatarinov
Andrey Tatarinov
developer, trader at MQL5

Russia

45989
4.6 (164)
Robot for trading on news
https://www.mql5.com/en/market/product/10427
Trend Hunter indicator with the ability to send signals to Telegram

13 products 5 comments
Version: 1.1
Updated: 4 March 2024

The EA trades with the trend. The direction of the trend is determined by the ZigZag indicator.

The Fibonacci grid is superimposed in the direction of the trend. At a given Fibonacci level, a limit order is placed in the direction of the trend.

The following levels are available for placing an order:

23.6
38.2
50.0
61.8
78.6

Stop loss is set to the Fibo level of 100 or specified by the user in the EA settings.

Take profit is set to Fibo level 0 or specified by the user in the EA settings.

Version for MT5 https://www.mql5.com/en/market/product/113194

Settings:

Lot Size - lot size
TakeProfit - take profit value when choosing a fixed TP. 0 - disabling TP
TP Type - take profit type: fixed or Fibo 0
StopLoss - stop loss value when choosing a fixed line. 0 - disabling SL
SL Type - stop loss type: fixed or Fibo 100
Fibo Entry Level Buy - Fibo level for placing a limit order to buy
Fibo Entry Level Sell - Fibo level for placing a limit order to sell
Min Fibo size to place order - minimum Fibo grid size to place an order in points
Close by continue Zigzag - closing an order when a new trend appears according to the Zigzag indicator
Start Trading Time - trading start time
End Trading Time - end time of trading
Trading Monday - allow trading on Monday
Trading Tuesday - allow trading on Tuesday
Trading Wednesday - allow trading on Wednesday
Trading Thursday - allow trading on Thursday
Trading Friday - allow trading on Friday
TrailingSL - enable trailing stop
TrailingSL Activation - trailing activation level in points
TrailingSL Distance - distance to price in points
TrailingSL Step - SL moving step
MagicNumber - magic orders
Slippage - slippage when closing an order
ExpertComment - commentary on orders

more...

1338

Nezo Eliot 2025.12.13 03:31 #

This EA is really solid. After finetuning my XAUUSD M30 setup, the results became very stable. Thank you to the developer.

1214

Oleg Pozdnyakov 2025.08.20 08:23 #

Спасибо автору!!! Я давно хотел иметь в своей стратегии такой советник.

80681565692 2025.04.24 14:19 #

чому не запускається в суботу?

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The indicator displays important technical levels on the chart. These levels act as support or resistance for the price movement. The most important levels are multiples of 100 and 50 pips . You can also display levels in multiples of 25 pips . When the price reaches the level, an alert or push notification is displayed. MT4 version https://www.mql5.com/en/market/product/69486 Settings Show Levels 100 pips - show levels that are multiples of 100 pips Show Levels 50 pips - show levels t

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The indicator displays important technical levels on the chart. These levels act as support or resistance for the price movement. The most important levels are multiples of 100 and 50 pips. You can also display levels in multiples of 25 pips . When the price reaches the level, an alert or push notification is displayed. MT5 version https://www.mql5.com/en/market/product/69740 Settings Show Levels 100 pips - show levels that are multiples of 100 pips Show Levels 50 pips - show levels that are

FREE

News Robot 4.0 During the release of economic news, the price can overcome tens of points only in the first minute after the release. It is very risky to trade manually during high volatility , as it is difficult to quickly respond to rapidly changing quotes and actual data of a news release. To trade on the news, you need to draw up a scenario in advance , set the maximum risk . Use a specialized professional robot to trade on news. News Robot implements your news trading strategy using both

99.99 USD

Trend Hunter is a trend following Forex indicator. The indicator follows the trend steadily without changing the signal in case of inconsiderable trend line breakouts. The indicator never redraws. An entry signal appears after a bar is closed. Trend Hunter is a fair indicator. Hover your mouse over the indicator signal to display the potential profit of the signal. For trading with a short StopLoss , additional indicator signals are provided when moving along the trend. Trend Hunter Scanner help

99.99 USD

The advantage of the Price Surfing indicator is the search algorithm for the extremes of the price of the instrument. Most indicator signals are located at local maximums and minimums of the price . For the convenience of the trader, the potential profit of each signal is displayed on the chart. The indicator does not repainting, the signal appears after the bar is closed. MT5 version https://www.mql5.com/en/market/product/47179 Parameters SendAlert - enable alert of a new signal SendEMail - e

59.99 USD

The indicator detects divergences between price and the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) technical indicators. The indicator's signals do not repaint; an entry signal appears after the bar with the arrow closes. Divergence is defined as follows: If the price chart makes a new high, and the MACD or RSI value remains below the previous level, this is a bearish divergence. If the price chart drops to new lows, and the MACD or RSI value remain

69.99 USD

Trend Hunter is a trend indicator for working in the Forex, cryptocurrency, and CFD markets. A special feature of the indicator is that it confidently follows the trend, without changing the signal when the price slightly pierces the trend line. The indicator is not repaint; a signal to enter the market appears after the bar closes. When moving along a trend, the indicator shows additional entry points in the direction of the trend. Based on these signals, you can trade with a small StopLoss. Tr

99.99 USD

The advantage of the Price Surfing indicator is the search algorithm for the extremes of the price of the instrument. Most indicator signals are located at local maximums and minimums of the price . For the convenience of the trader, the potential profit of each signal is displayed on the chart. The indicator does not repainting, the signal appears after the bar is closed. MT4 version https://www.mql5.com/en/market/product/46054 Parameters SendAlert - enable alert of a new signal SendEMail

59.99 USD

69.99 USD

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1338

Nezo Eliot 2025.12.13 03:31 #

This EA is really solid. After finetuning my XAUUSD M30 setup, the results became very stable. Thank you to the developer.

1214

Oleg Pozdnyakov 2025.08.20 08:23 #

Спасибо автору!!! Я давно хотел иметь в своей стратегии такой советник.

vera1987 2025.06.30 18:21 #

сливает депозит

[Deleted] 2025.05.04 04:10 #

User didn't leave any comment to the rating

80681565692 2025.04.24 14:19 #

чому не запускається в суботу?

[Deleted] 2025.04.21 04:13 #

User didn't leave any comment to the rating

[Deleted] 2025.03.26 03:37 #

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[Deleted] 2025.03.21 05:53 #

User didn't leave any comment to the rating

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Reply from developer Andrey Tatarinov 2025.03.21 08:01 #

Thanks for the review!
You can share your set file in the comments. I hope it will be useful for other traders.

121

fjycyanwx 2024.12.14 02:06 #

It's a good tool!

SADEGH FATHI 2024.12.06 13:31 #

hello Thank you for your effort If entry , stop loss and take profit levels can be adjusted based on custom fibo and it can be multi-time, it will be an interesting work.

587

121887704 2024.10.21 12:04 #

Mi piace.. Ve lo consiglio