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Fibo Expert Advisor

The Expert Advisor is based on Fibonacci levels ans some standard indicators. Indicators Fractals and Moving Average can be used as filters for placing new pending orders or modifying existing ones. The Expert Advisor analyzes the current market behavior and adapts to it by adjusting the pending order placing levels. It uses a virtual trailing stop for tracking trades. The Fibonacci levels are based on the ZigZag indicator. Trading is performed by pending orders. The trading is performed both on roll back from a Fibo level (Rebound level) and on level breakthrough (Breakout level). Orders are placed above and below the price level depending on the EA settings. If the Fibonacci trend line changes, unused orders are removed.

For example, with levels 100 to 0 trading will look like this:

  1. Rebound level — if the price is below FiboLevel set in the EA parameters, a pending SELLLIMIT order is placed at this level, if the price is above FiboLevel, a SELLSTOP order is placed.
  2. Breakout level — if the price is below FiboLevel set in the EA parameters, a pending BUYSTOP order is placed at this level, if the price is above FiboLevel, a BUYLIMIT order is placed.

The EA can work on any currency pair. All timeframes are supported. The EA opens deals in Market Execution mode. Take Profit and Stop Loss are placed after order execution and modified in accordance with the EA settings.

  • TimeStart — trading start time;
  • TimeFinish — trading end time;
  • UseEquityStop — enable stop based on the equity value (TotalEquityRisk);
  • TotalEquityRisk — equity risk;
  • MM — traded lot is calculated based on risk per trade;
  • EquityRisk — risk percentage per deal for trading lot calculation;
  • ManualLots — traded lot;
  • TakeProfit — take profit;
  • StopLoss — stop loss;
  • Magic—magic number;
  • Com — a comment to trades;
  • Fr_TimeFrame — Fractals indicator timeframe;
  • MA_TimeFrame — Moving Average indicator timeframe;
  • MA_Period — the averaging period of Moving Average;
  • MA_Method — the averaging method of Moving Average;
  • MA_Price — price used for Moving Average;
  • FiboLevel — Fibo level for opening trades;
  • Backstep — minimum number of candles between connected points (ZigZag);
  • Deviation — minimum distance between local extrema in percentage % (ZigZag);
  • Depth — shortest distance (in candles) a new maximum or minimum will be drawn at;
  • TrailingStop — number of points to start trailing stop;
  • TrailingStep — trailing stop step;
  • ShowInfo — display/hide information on the trading;
  • Languages — language of the displayed trading data;
  • TextColor — displayed data color.
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Scalper MultiCharts
Denis Nikolaev
Scalper MultiCharts is a fully automatic multi-currency trading system for night scalping. Version of ScalperMultiCharts adviser for MT5 terminal  https://www.mql5.com/ru/market/product/33510 You can view the monitoring of the adviser's work here https://www.mql5.com/ru/signals/732551 Peculiar properties -The EA trades on EURUSD, USDCHF, GBPUSD, USDCAD, USDJPY, AUDUSD, NZDUSD, AUDCAD, AUDCHF, AUDNZD, CADCHF, gbpcad, NZDCAD, EURCAD, EURGBP, EURNZD, EURAUD, GBPAUD, GBPCAD. -Advisor does not use r
149.99 USD
Kotak PRO
Farhad Noei
This is a Scalper EA . good for making rebate . it trade a lot in each day .but you can change setting and use it on another time frame . this EA get signal on first time frame and if the bigger time frame send signal too begin trading . both buy and sell . you can use it only on GBPUSD and EURUSD . run on low spread account . this EA have 3 filter to open a new position , we will make it better each day best time frame is M5
111 USD
Black Horse
Ramil Minniakhmetov
 Black Hourse full auto Expert Advisor   uses Ant channels in its work. It is based on short-term reversal patterns that take advantage of the tendency of currency pairs to move towards the mean. Real operation monitoring as well as my other products can be found here:   https://www.mql5.com/en/users/mechanic/seller The settings will be added in the comments #28 as they are optimized.    Telegram is  here . Inputs Value: NewCycle  — when enabled, the EA works non-stop, otherwise, the EA do
99 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
Red Hawk EA
Wim Schrynemakers
!! RED HAWK - LAUNCH PROMO !! ONLY 5/10 COPIES AVAILABLE AT 149$ NEXT PRICE -> 199$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. My recommended broker for this strategy :  https://www.icmarkets.com/?camp=4
149 USD
Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
199 USD
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