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Fibo trader

Fibo-trader is fully automated EA that analyzes the market every 1 hour to determines the entry levels based on Fibonacci levels and trend to make most of trades profitable. The EA scalps pips by its strong Entry strategy.

The direction is determined by EA's smart adaptive system.

Uses 5 different EA systems combined.

The best parameters are already set in the EA so no need for ".set" file.

Every trade is executed with take-profit and stop loss to protect the low draw down.

This EA is optimized to use ONLY GBPUSD or EURUSD H1 and will not work well on other pairs.
  • Minimum deposit: $300 and more.
  • Use VPS to provide 24/7 connection to the trade server of the broker


Parameters

  • Lots - the lot size of the basic trade, not every trade.
  • Slippage - the maximum slippage of the broker for trading.
  • MagicNumber - the magic number of every trade.
  • UseMoneyManagement - set False for fix lot size from the "Lots" parameter. Set True to let the robot determine the lot size.
  • RiskPerCent - the amount to risk from the balance of the account when the money management is on.
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