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Fibo Trader FREE MT4

Fibo Trader is an expert advisor that allows you to create automated presets for oscillation patterns in reference to Fibonacci retracements values using fully automated and dynamically created grid.

The process is achieved by first optimizing the EA, then running it on automated mode.

EA allows you to switch between automatic and manual mode. When in manual mode the user will use a graphical panel that allows to manage the current trading conditions, or to take control in any moment to trade manually. For example you can reduce the required move strength at Asian session, to increase automated trade frequency.

EA should be disabled at the most important economic events (example: ECB head speech, interest rate decisions, non-farm payrolls, etc) and other events.

If you would like not to get by-passed by opportunities while you sleep or do something else, if you like the grid trading idea, but you are not consequential with your grid trading, if you would like to be notified when there are opportunities on numerous pairs, without you monitoring all of them, this product is for you!

Differences between versions


FREEPROULTRA
Number of activations - 5 25
Number of maximum positions 3 100 1000
Filters MOST MOST

ALL
Trailing Step LIMITED ADVANCED ADVANCED
Dynamic STDDEV/ATR scale NO YES YES
Possibility to exclude test periods possible possible YES, built-in

Notifications

NO

YES

YES

More options (including advanced options and better option descriptions) are in PDF instruction available for download in Comment section. Please take a look at the YouTube tutorial video.

List of options

0. Trade module - Module selection: Automatic or manual panel.

  • 0.1 Manual panel ON/disable AutoMode - Possibility of selecting automatic module or manual panel.

1. Trade size and details - Various Trade lot settings.

  • 1.1 Base LOT SIZE - Basic lot size of first position.
  • 1.2 Maximum supportive positions (+1 main) - Maximum number of additional positions, besides the original one. (limited to 2 in FREE version).
  • 1.3 Money Management (-1 for OFF) - Money Management value. The value of this factor will affect base lot size.
  • 1.4 Martingale factor (x1.0 for OFF) - Martingale factor allows for gradually increasing position size. .
  • 1.5 Block one direction of trades - Block one direction of trades - for trends. Use with Low (2.6) settings, preferably 23%. .
  • 1.6 Magic Number - Magic number for trades and save-states.

2. Fibonacci Positioning and Open/Close Settings - General settings for position management.

  • 2.1 Hold position at X FIB ret - Position target for average position. X [%] will be target to move average position to.
  • 2.2 Let position slip X [%] before taking action - After setting position at (2.1) position may slip X [%] before “fixing" the position to (2.1) level again.
  • 2.3 Close position at X FIB ret - Close position when X Fibonacci retracement is reached.
  • 2.4 Minimum "unloaded" pips trend - Minimum size in pips of a move to open opposite trade position.
  • 2.5 Reduce close requirements by a degree - If trend is way bigger than requirements, reduce the Fibonacci close position.
  • 2.6 Trailing stop - Trailing stop for the opened positions.
  • 2.7 Reset non-used trends at Fibonacci level X - Reset opposite trends in 1-way trade mode. Set it low if trend is strong.
  • 2.8 Zero MIN/MAX Fibonacci at Take Profit - Zero both min and max when target retracement is reached.

3. Refresh and Filters - Lets you set up some filters.

  • 3.1a MA Cross Open Filter - Moving average filter.
  • 3.1b MA Cross PIPS - Additional PIPS required between 2 MAs, to allow the position.
  • 3.2a Channel Filter - Band Channel filter.
  • 3.2b Channel Range - Channel range in “deviation” form (usually from -2 to 2).
  • 3.2c Channel Refresh - How often refresh the channel. (advised 5 minutes).

4. Stop Loss - Stop loss options.

  • 4.1 Stop Loss in [%] (0 for OFF) - Stop Loss for Money Management enabled option.
  • 4.2 Stop Loss in points per base lot (0-OFF) - Stop Loss for both Money Management and without.
  • 4.3 Reset Trading after Stop Loss - Reset trading after reaching Stop Loss.
Reviews 6
Ali irwan
5136
Ali irwan 2017.08.20 15:13 
 

great work.

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  DO IT - It Is a Secure Automated Software for Generation of Daily Profits for Forex Market. The architecture is a Fully Automatic Autonomous Robot Expert capable of       ⭐️ ⭐️⭐️⭐️⭐️ independently analyzing the market and making trading decisions⭐️⭐️⭐️⭐️⭐️ The Trading system is Multi-currency and is able to trade on charts:  EURUSD, GBPUSD, USDJPY, SPX500, DAX30, GOLD H1 🔥  How to check the DO IT system correctly           🔥 🔥  The NEW and Latest settings for DO IT v 11 . 7   🔥  🔥  Y
490 USD
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies of
145 USD
EA Antivirus
Vasiliy Strukov
I am glad to welcome you on the page of my product - I am its author Vasily Strukov. EA Antivirus is a conceptually new automated trading advisor using a scalping strategy. The trading system is multicurrency and is able to trade on  many pairs - recommend  settings at №109 comment   The trading system is suitable for both experienced traders and beginners. EA Antivirus uses  pending orders on the broker's server, which initially reduces the risk through delays and slippage. EA need bro
460 USD
Lizard Scalper Pro
Michela Russo
Lizard Scalper Pro is a trading robot   for the trading on forex. This is a Counter Trend system that trades mainly during Asian and NY sessions. Expert advisor not use grid, martingale , arbitrage o high frequency trading . Fix   and   Visible Stop loss   and   Take Profit Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Eagle Scalper Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email ! The
199 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
ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
The Grand Trader
Stefan Petkov
Copies left at the price of $800 : 2 We have invested more than 200K Euro in our experience. Do you want to join us in our journey ? The Grand Trader is trading with our own REAL MONEY. We are not relying on back-testing! We are confident in our knowledge and experience in the Forex Market!  Live signal monitoring :  https://www.mql5.com/en/signals/831036 Please note that the Backtest has been performed on MT5 terminal due to its ability to test different time frames and different currency pa
800 USD
Forex Gump Bot
Andrey Kozak
The bot trades according to the scalping strategy. First, the signals of four indicators are determined, after which the bot expects a sharp price movement in the opposite direction. When the price sharply went in the opposite direction, the robot opens a deal at a short distance. The transaction is closed upon receipt of a minimum profit. Therefore, the robot does not hold long open transactions. All open trades are closed within one or more candles. Forex Gump Bot is a fully automated tradi
73 USD
AW Scalping Dynamics EA
Alexander Nechaev
Advanced trading on trend reversals. The EA does not use grids or martingale. But, if necessary, they can be used in the input settings. 3 types of notifications and position locking when the maximum basket load is reached. The default settings are recommended for EURUSD on the M15 timeframe. How the EA trades:   First of all, when trading, the current trend activity is taken into account (the "   Main Trend filter   " variable). The smaller it is, the higher the probability of a reversal and
395 USD
PipFinite Trend Grid EA
Karlo Wilson Vendiola
Smart Grid Trading Expert Advisor Based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes EA will only work on LIVE if you purchased the indicator: PipFinite Trend PRO M
98 USD
EA Technic
Fanur Galamov
EA Technic is a professional fully automated mid-term, low-risk expert. To select the optimal entry points, an adaptive price movement analysis module is used. The EA does not use indicators, grid, martingale, arbitrage. Each position includes a stop loss. All open transactions are accompanied by an advanced control algorithm, which is based on a two-stage trailing stop and a multi-step profit taking system. The EA includes protection against high spreads, separate time and day trading filters
149 USD
Steady MT4
Andrey Barinov
"Steady" is a 100% adaptive expert advisor based on price movement. It has a built-in unique Smart Recovery algorithm. Only one trade at a time. Every trade has Stop Loss and Take Profit from very beginning, and they do not change. This is for those, who are looking for steady and stable growth over the long run. Take advantage of the launch promo price.   Price will be increased up to $799 starting from November 1-st. "Steady" for MetaTrader5 is here:  https://www.mql5.com/en/market/product
499 USD
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Matthew Todorovski
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Matthew Todorovski 2018.05.10 14:47 
 

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Andrey Litvichenko
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Ali irwan
5136
Ali irwan 2017.08.20 15:13 
 

great work.

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Juvenille Emperor Limited
14191
Eleni Anna Branou 2017.02.11 22:39 
 

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Ovidiu Caslariu
7397
Ovidiu Caslariu 2016.04.29 18:09 
 

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Reply to review
Version 2.23 2016.04.12
- fixed Keltner Channel bug
Version 2.22 2016.04.11
- fixed the save-state error
- fixed graphics errors