FibDayBreakEA
- Experts
- Version: 1.6
- Activations: 5
# FibDayBreak EA
**A precision-engineered Expert Advisor that fuses Fibonacci structure with Smart Money concepts to enter the market with surgical accuracy — once per day, at exactly the right moment.**
FibDayBreak EA maps the previous day's price range into a live Fibonacci framework, then waits for institutional Fair Value Gaps (FVG) for high-probability daily A+ setups. The result: a disciplined, high-conviction system that earns its entries — not just takes them.
## How It Works
- The **previous day's range** is translated into a real-time Fibonacci map — defining premium, discount, and equilibrium zones for the current session.
- The EA hunts for **Fair Value Gaps (FVGs)** — structural 3-candle imbalances that institutional order flow tends to revisit.
- Entries only trigger when an FVG sits in the **correct Fibonacci zone**: discount for buys, premium for sells — and only when price actually touches that gap during the session window.
- A built-in **Fib boundary filter** ensures no trade fires outside the day's legitimate range — keeping the system grounded in the day's actual structure.
One clean setup per session. No guessing, no chasing.
## Key Features
- **Daily Fibonacci range mapping** from previous day's high/low
- **FVG detection** across the last 25 bars on your chosen timeframe
- **Discount/Premium zone filter** — entries aligned with market structure
- **Fib boundary rejection** — FVGs outside the 0%–100% daily range are automatically ignored
- **Two risk profiles:** Conservative (50% close at 1R, breakeven on remainder) or Aggressive (breakeven at 1R, partial close at 1.5R)
- **Fixed risk per trade** as a percentage of account equity
- **Configurable session window** — trade only when the market is relevant to your setup
- **Spread filter** to block entries during thin or illiquid conditions
- **Visual on-chart dashboard** — session data, FVG boxes, and live trade metrics at a glance
- **Magic number support** for multi-pair deployment
- **Advanced Journaling** Built-in WebRequest support for automated trade logging and P&L tracking.
## Recommended Use
| Timeframe | H1 |
|-----------|----|
| **Symbol** | **Priority** |
| EURUSD | ⭐⭐⭐⭐⭐ Best |
| USDJPY | ⭐⭐⭐⭐ |
| AUDUSD | ⭐⭐⭐ |
| NZDUSD | ⭐⭐⭐ |
All session times and symbol parameters are fully adjustable.
## Risk Management
- Percentage-based position sizing — risk scales with account size
- Pre-defined stop loss anchored to the FVG boundary (not arbitrary)
- Take profit set at the opposing Fibonacci extreme (0% or 100%)
- Conservative or Aggressive partial-close profiles for trade management
- Spread guard rejects entries when conditions fall outside acceptable range
## Requirements
- **Platform:** MetaTrader 5
- **Account type:** Hedging or Netting
- **Minimum deposit:** $500 (recommended $1,000+)
- **VPS:** Recommended for session-accurate execution
- **Broker:** Low-spread ECN account preferred
## Input Parameters (Summary)
- `InpEntryTimeframe` — analysis timeframe (default H1)
- `InpStartTime / InpEndTime` — session window (GMT)
- `InpFibUpper / InpFibLower` — premium/discount zone thresholds
- `InpFVGMinPips` — minimum FVG size to qualify
- `InpFVGSL_Pips` — SL buffer beyond FVG boundary
- `InpMaxSpread` — spread ceiling for entry
- `InpRiskMode` — Conservative or Aggressive
- `InpRiskPct` — risk percentage per trade
- `InpMagic` — EA instance identifier
## Contact & Support
- **Telegram:** @edgex2022
- **Email:** edgex2022@proton.me
*FibDayBreak EA is a rule-based algorithmic system. Strategy Tester results reflect historical conditions and do not guarantee future performance. Always forward-test on a demo account before live deployment.*
