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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4.5 (6)
Advisor trading on indicator signals AW Breakout Catcher,working on strategy breakoutof dynamic support and resistance levels. Orders have fixed StopLoss and TakeProfit. Optionally can use averaging. It has the ability to work on a selected period of time and three types of notifications.  Advantages: Works on all types of trading instruments and on any timeframe It has the function of working on time, limiting slippage and maximum spread Easy setup and intuitive panel interface Suitable for tr
Trust EA MT4
Konstantin Kulikov
5 (1)
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
Big Forex Players MT4
MQL TOOLS SL
4.73 (44)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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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
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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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