FIBO Strategy EA

FIBO Strategy EA is a very simple and flexible expert advisor, using a known indicator that allows you to see and exploit retracements. Any optimization should be done using average values and not doing it too often, it can be used at all times, but is more productive with the M30 and H1 times.                                                                                                                                                                                                                                                                                                                                                                                       This Expert Advisor works with two signals:                                                                                                                                                                                                                                                                                                                    

  • BUY Signal: When the price crosses over the virtual line.
  • SELL Signal: When the price crosses under the virtual line.

The virtual line is a line inserted into the indicator at the preferred level, when the price touches this level the EA sends a BuyStop order (if Fibo is low) or SellStop order (if Fibo is hight), each order has TakeProfit and StopLoss. The wallet is protected with BasketProfit and BasketLoss. You can open the initial trade manually using the panel. This EA uses a loss recovery zone: Let's say you just entered the market with a "Buy" position with 0.01 lots and your StopLoss = 30 points and TakeProfit = 90 points. The EA places a "Sell Stop" order with 0.02 lots pending to cover the Stop Loss, the market will certainly move - up or down - it may take some time, but it will move up to TakeProfit

Requirements for the trading conditions:

  • Leverage: 1:100 or higher;
  • Minimum deposit: $1000;
  • Lots size:  Balance/100*0.01;
  • Currency pairs: AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF;
  • Timeframe: Any time but recommended М30  H1;                                                                         
  • Trading type: NO Reserving margin for pending order;

                                                                                                                                                                                                                                                                                                          

Main Settings:

  • Work timeframes - indicator works into time;                                                                                                                                                                                                                                                                                             
  • Direction of trade - three directions: long and short / only long /only short;
  • Trade mode - two ways to trade: automatically or manually with the panel;                                                                                                                                                                                                                                                       
  • Recovery line - see or not see recovery zone;
  • Pending order distance - distance of pending order in pips;                                                                                                                                                                                                                                                                              
  • Take Profit - distance take profit in pips;
  • Stop Loss – distance stop loss in pips;                                                                                                                                                                                                                                                                                                              
  • Break Even Start At - level (in pips) that activates the Break Even;
  • Break Even Level At - activation of Break Even (in pips). It is activated when the value of Break Even Start At reached;                                                                                                                                        
  • FIBO optional levels of work:
    • 236 - level fibo sell - true/false the work level

    • 382 - level fibo sell - true/false the work level

    • 500 - level fibo sell - true/false the work level

    • 618 - level fibo sell - true/false the work level

    • 236 - level fibo buy - true/false the work level

    • 382 - level fibo buy - true/false the work level

    • 500 - level fibo buy - true/false the work level

    • 618 - level fibo buy - true/false the work level

  • Volume of first order - initial order volume;
  • Pending orders volume list – pending orders volume list;
  • Limit Lot Increase - maximum volume lots;
  • Basket Profit - the minimum profit of the entire basket;
  • Basket Loss - the maximum loss of the entire basket;
  • Start time server - start trading by time;
  • Stop time server - stop trading by time;
  • Monday –  enable/disable trading;
  • Tuesday – enable/disable trading;
  • Wednesday – enable/disable trading;
  • Thursday – enable/disable trading;
  • Friday – enable/disable trading; 
  • Parameters indicator:
    • Working price - price at close bar or tik by tik;
    • Depth Bars - bars for signal calculation;  
    • Depth Shift - moving in depth;
    • Deviation - maximum deviation.

    • Virtual Line - value of the virtual line;  

    • Draw - see or not see fibo indicator;

  • Magic number - EA's order magic number;
  • Slippage -  maximum slippage value;




























































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Hello All, good news, the very famous Bitcoin Wizard version 1.6 is now available on the mql5 website which works very smoothly. Bitcoin Wizard – Automated Bitcoin Trading System Bitcoin Wizard is an advanced automated trading system designed specifically for Bitcoin trading . It identifies strong market momentum by analyzing high–low price levels within specific periods and executes pending orders to capture breakout opportunities. Built for traders who want a fully automated solution , Bitcoin
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
MULTI SNIPER EA is precise automatic trading system with around 90% accuracy for MT4 platform. This profitable scalping EA is really one of the most stable system on the market at the present time. No grid! No martingale! It is original product which is offered only on this MQL5 website. Download EA Set_files for testing and trading: GBPAUD Set_file GBPCAD Set_file - Implemented compound interest method and scalping techniques. - System sets dynamic SL automatically depending on market volati
Javier Gold Scalper V2
Felipe Jose Costa Pereira
5 (4)
Javier Gold Scalper: Our Technology by Your Side! Manual and configuration files: contact me after purchase to receive the manual and configuration files Price: The price increases according to the number of licenses sold Available copies: 5 Trading gold, one of the most volatile assets in the financial market, requires high precision, thorough analysis, and extremely effective risk management. The Javier Gold Scalper was developed specifically to integrate these pillars into a robust and sophi
LAUNCH PROMO Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> Tomorrow’s price: $399 Stratos Mistral is a robust forex trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of ADX, Moving Average, and High/Low Level indicators, Stratos Mistral delivers high-quality signals and fully automated trading on the M15 timeframe. It features a robust, pre-optimized configuration, ensuri
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MAS Indicator can be used in all currency pairs and at any timeframe, it is suitable for any trading speed. In addition, it's relatively easy to trade with the MAS Indicator. This indicator produces two signals: BUY Signal: arrow deep sky blue SELL Signal: arrow red Indicator parameters MA Method – type of moving average MA Shift – shift moving average Fast - fast period moving average Slow – slow period moving average RSI – value rsi Confirm – value confirm Flat – value flat Colors - colors of
FREE
FIBO Price Alert Indicator is very simple but powerful indicator. This is a very well-known indicator that allows you to see and exploit Fibonacci's retracements. This indicator can be used in any currency pairs and on any time frame, but preferably on higher time frames. Moreover, it's relatively easy to trade with FIBO Price Alert Indicator. This indicator produces two signals: BUY Signal: When the price crosses over the virtual line. SELL Signal: When the price crosses under the virtual line.
Scalper X indicator is very simple but powerful indicator. This is a very useful indicator, combined with a panel for fast trading will give you many satisfaction. This indicator can be used in any currency pairs and on any time frame, It fits at every speed of trading. Moreover, it's relatively easy to trade with Scalper X Indicator. This indicator produces two signals: BUY Signal: arrow aqua SELL Signal: arrow red Indicator parameters Signal Gap - the gap value that produces the signal Colors
MIG Scalper is very simple but powerful indicator. This is a very useful indicator, combined with a panel for fast trading will give you many satisfaction. This indicator can be used in any currency pairs and on any time frame, It fits at every speed of trading. Moreover, it's relatively easy to trade with MIG Scalper indicator. Arrows appear at the opening of a bar and do not disappear. This indicator produces two signals: BUY Signal: arrow aqua SELL Signal: arrow red Indicator parameters MIG_
Price Action Trading (P.A.T.) is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. This means no lagging indicators outside of maybe a couple indicators to help identify dynamic support and resistance areas and trend. All financial markets generate data about the movement of the price of a market over varying periods of time; this data is displayed on price charts. Price charts reflect the beliefs and actions of all participants (human or compute
FOREX EDGE EA is an Expert Advisor that uses two Moving Averages as a signal to enter the market. It compares two Moving Averages of different periods and enters the market in the following ways: • Mode Cross: BUY when Moving Average Fast crosses over Moving Average Slow - SELL when Moving Average Fast crosses under Moving Average Slow; • Mode Simple: BUY when Moving Average Fast is higher than Moving Average Slow - SELL when Moving Average Fast is lower than Moving Average Slow; • Mode Manually
Crossovers are one of the main moving average strategies. The first type is a price crossover, which is when the price crosses above or below a moving average to signal a potential change in trend. Another strategy is to apply two moving averages to a chart: one longer and one shorter. When the shorter-term MA crosses above the longer-term MA, it's a buy signal , as it indicates that the trend is shifting up. This is known as a " golden cross ." Meanwhile, when the shorter-term MA crosses below
FlyEA iRSI
Carlo Forni
The Relative Strength Index - RSI is a momentum indicator that measures the magnitude of recent price changes to analyze overbought or oversold conditions. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset. FlyEA iRSI uses the stoploss and take profit is in   currency. There are many time options, they can also be used as a daily stop without the need to recharge the EA, this automatic system can also be used in the tester and allows f
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