Fibonacci Trend Continuation Robot MT4

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OVERVIEW

This EA is an automated trading robot built around the trading logic of the Fibonacci Trend Continuation Indicator.

The robot combines the indicator's trading signals with a flexible set of trade-management, risk-control and filtering functions.

Users can keep the configuration simple or combine different management functions and filters according to their own trading method, symbol, timeframe and acceptable level of risk.

IMPORTANT – PLEASE READ BEFORE PURCHASE

This robot is built around the trading logic of the underlying indicator. Therefore, understanding how the indicator works and configuring its parameters to match your preferred trading approach is an important part of using the EA.

The default configuration is intentionally kept simple:

  • Buy Signal → Open Buy
  • Sell Signal → Open Sell
  • Close the current position when an opposite signal appears
  • Additional trade-management functions and filters are disabled by default

This simple default setup allows users to understand the basic signal behavior and configure the EA step by step. For this reason, the default backtest may not produce particularly attractive results.

The EA provides additional trade-management functions such as Trailing Stop, Basket SL/TP, Auto Close, Grid, Hedging, Volume Management and Recover.

It also provides Time Filters, Direction Filters and multiple optional technical filters that can be used to make the trading conditions more selective.

By combining the indicator settings with suitable trade-management functions and filters, users can create configurations that behave very differently from the basic default setup.

There is no single configuration suitable for every trader. Appropriate settings depend on the symbol, timeframe, trading method, account conditions and each user's acceptable level of risk.

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MAIN FEATURES

The EA includes a wide range of configurable trading and risk-management functions.

  • Fixed lot and risk-based lot sizing
  • Flexible Stop Loss and Take Profit
  • Hidden SL/TP
  • Trailing Stop
  • Drawdown control
  • Volume management
  • Recover
  • Grid
  • Hedging
  • Basket TP/SL management
  • Automatic position closing conditions
  • Breakeven display
  • Maximum trade control
  • Spread and execution-related controls
  • Trading session control
  • Trading direction control
  • Day-of-week filter
  • Holiday filter
  • Economic news filter
  • Trading control panel

OPTIONAL TECHNICAL FILTERS

The main trading signals can be combined with optional technical filters for additional confirmation.

Available filters may include:

  • Moving Average
  • RSI
  • Stochastic
  • ADX
  • MACD
  • SuperTrend
  • Volumatic VIDyA
  • Predictive Ranges

Filters can be enabled or disabled independently depending on the trading configuration.

You do not need to enable every filter. Using more filters does not automatically mean a better configuration. Their purpose is to allow users to define additional trading conditions according to their own strategy.

FLEXIBLE TRADE MANAGEMENT

The EA can be configured in different ways depending on how much trade management the user wants to apply.

A basic configuration can use:

Main Signal + Stop Loss + Take Profit

A more selective configuration may use:

Main Signal + Direction Filter + Time Filter + Technical Filter + Trailing Stop

More advanced configurations can also use functions such as:

Basket TP/SL + Auto Close + Volume Management + Recover + Grid or Hedging

These functions are optional. Users can disable functions that do not match their trading method or risk tolerance.

RISK AND POSITION MANAGEMENT

The EA provides several methods for controlling position size and managing open trades.

Some functions, especially Volume Management, Recover, Grid and Hedging, can increase market exposure when configured aggressively.

These functions should therefore be configured according to account size, trading conditions and the level of drawdown the user is prepared to accept.

Users who prefer simpler risk management can keep these functions disabled and use fixed or risk-based lot sizing together with conventional Stop Loss and Take Profit settings.

TIME, DIRECTION AND MARKET FILTERS

The EA provides several controls for restricting when trades are allowed.

Depending on the configuration, users can:

  • Trade only during selected sessions
  • Allow only Buy or Sell trades during specific periods
  • Disable trading on selected days of the week
  • Avoid selected holiday periods
  • Restrict trading around economic news events
  • Use technical filters to confirm market direction or conditions

These functions can be used individually or combined with the main signal logic.

NEED HELP WITH THE SETTINGS?

The EA contains many configurable inputs, but users do not need to use every function.

If you are unsure how to configure the robot, you can contact me after purchasing and describe how you want the EA to trade.

For example:

  • When should the EA enter a trade?
  • When should an existing trade be closed?
  • Which direction should be allowed?
  • Which trading sessions should be used?
  • How should Stop Loss and Take Profit work?
  • How should lot size be calculated?
  • Should Trailing Stop be enabled?
  • Which technical filters should confirm a trade?
  • Should Grid, Recover, Volume Management or Hedging be used?

Based on the trading behavior you describe, I can explain which EA settings correspond to that configuration.

BACKTESTING AND OPTIMIZATION

Users can test different combinations of indicator parameters, trade-management settings and filters in the Strategy Tester.

Different symbols, timeframes and broker conditions can behave differently, so a configuration that works in one environment may not behave the same way in another.

Backtesting can help evaluate how a configuration behaved on historical data, but historical results do not guarantee future performance.

Spread, commission, liquidity, volatility and execution conditions may also affect trading results.

FINAL NOTE

This EA is a configurable trading tool and does not guarantee profit.

Its purpose is to combine the trading logic of the underlying indicator with flexible trade-management and filtering functions.

Users should select settings according to their own trading method, account size and acceptable level of risk, and test configurations carefully before using them in live trading.

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Quantum King EA — Intelligent Power, Refined for Every Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Special Launch Price Live Signal:   CLICK HERE MT5 version : CLICK HERE Quantum King channel:   Click Here ***Buy Quantum King MT4 and you could get Quantum Queen X or Quantum Athena X or Quantum Commander or Quantum Emperor or Quantum Baron or Quantum OmniGold or Quantum StarMan for free !*** Ask in
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Get ALL my MT4 & MT5 indicators FREE — See how here Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Kalman Trend Levels is an advanced trend-following indicator that leverages cutting-edge Kalman filter technology to provide traders with powerful analytical signals. Designed for accuracy and adaptability, this tool not only identifie
Get ALL my MT4 & MT5 indicators FREE — See how here New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Mastering candlestick patterns is essential for any trader looking to make well-informed decisions in the market. Introducing All Candlestick Patterns – a comprehensive tool designed to elevate your technical analysis and provide powerful insights into market trends and potenti
Get ALL my MT4 & MT5 indicators FREE — See how here Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Breakaway Fair Value Gaps (FVG) tool is a cutting-edge solution designed for traders to identify areas where price has broken away from balance, providing in-depth insights into mitigation probabilities. This tool not only highligh
Get ALL my MT4 & MT5 indicators FREE — See how here Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me In the ever-changing landscape of financial trading, accurately identifying and analyzing support and resistance levels is essential for making informed investment decisions. SnR Retest and Break Multi-Timeframe is a support and resist
Get ALL my MT4 & MT5 indicators FREE — See how here New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Custom Indicator Buffer Analyzer helps identify the buffer indexes and comparison values used by a Custom Indicator in MetaTrader 5. It is useful when you want to use an external indicator as a signal source for an EA but do not know: Which buffer contains the Buy signal. Which
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Get ALL my MT4 & MT5 indicators FREE — See how here Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Discover the power of AI with the SuperTrend AI Clustering with Scanner , a revolutionary trading tool for MetaTrader 4(MT4). This indicator redefines market analysis by combining K-means clustering with the widely popular SuperTrend i
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