Market / MetaTrader 5 / Experts /

ZigZag Fibo EA MT5

FREE

Published: 20 February 2024

Current version: 1.2

ZigZag Fibo EA MT5

4.14

Experts
Andrey Tatarinov
Andrey Tatarinov
developer, trader at MQL5

Russia

46865
4.6 (166)
- https://goodalgo.ru
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: 1.2
Updated: 25 June 2025

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 MT4 https://www.mql5.com/en/market/product/113060

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...

133

panosea 2026.04.01 17:14 #

When you download a robot, you hope to make money immediately. This is a such a robot. Amazing! Andrey's' support is faster than the wind! :)

johnnypn 2026.03.12 19:46 #

I like it. Simple and solid strategy.

1214

Oleg Pozdnyakov 2025.08.20 08:22 #

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

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Trend Hunter is a trend indicator for trading Forex, precious metals, cryptocurrencies and CFDs. The indicator is designed to determine the current market direction, identify trend changes and find additional entry points within an already established market move. The indicator does not repaint and works with closed bars. Once a signal has been formed, it is not changed by minor price fluctuations within the following bar. Main features detection of uptrends and downtrends; trend change signals;

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

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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133

panosea 2026.04.01 17:14 #

When you download a robot, you hope to make money immediately. This is a such a robot. Amazing! Andrey's' support is faster than the wind! :)

johnnypn 2026.03.12 19:46 #

I like it. Simple and solid strategy.

1388

Nezo Eliot 2026.01.23 02:30 #

Very impressed with this EA. My fine-tuned XAUUSD M5 setup is working perfectly and delivering nice profits. Credit to the developer for such a quality system.

489

Xin Hu 2025.12.28 13:13 #

great product

511

shogun1543 2025.11.02 01:44 #

Good!

1214

Oleg Pozdnyakov 2025.08.20 08:22 #

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

4177

Benjamin Afedzie 2025.06.10 20:36 #

great product

[Deleted] 2025.05.29 01:35 #

User didn't leave any comment to the rating

3255

patrickdrew 2025.05.13 10:59 #

So I am testing 20 (yes twenty) pairs on various Timeframes.

M1 fails - after 48 hours balance is dropping.

M5 fails - after 48 hours balance is dropping.

H1 fails - just too damn slow - after 24 hours only 1 trade!?

M30 - seems to be working for now. Balance is increasing.

M30 - moving to live testing.

Sadly M30 also does not work. Slowly losing balance.

NEED SETS FROM AUTHOR!!

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Also... those people with the amazing positive reviews.... can't seem to be reached!!???

882

Simon Peter Ward 2025.04.22 19:26 #

Amazing!!! and completely safe as there is a SL on every trade, I'm using it with support and resistance levels....magnificent results...I love you

149

Wilson Osawe 2025.04.08 09:54 #

I am very satisfied will the EM , nice one

[Deleted] 2025.03.29 05:08 #

User didn't leave any comment to the rating

[Deleted] 2025.03.07 14:35 #

User didn't leave any comment to the rating

[Deleted] 2025.02.24 03:35 #

User didn't leave any comment to the rating

Kevin Rosmolen 2025.02.03 07:58 #

User didn't leave any comment to the rating

187

Rinat Zainullin 2025.01.29 11:54 #

Норм, рабочий

128

Henryk-K 2025.01.10 05:21 #

Very good, gives good results

SADEGH FATHI 2024.12.06 13:32 #

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.

orad2010 2024.11.25 17:08 #

Тест отрицательный

301

Paulo Vitor Oliveira Barbosa 2024.11.05 15:12 #

Great EA! Nice strategy and im having good results

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ZigZag Fibo EA MT5

Andrey Tatarinov