Fibonacci Master
- Experts
- Aharon Tzadik
- Version: 30.6
- Updated: 15 January 2025
- Activations: 20
New Expert Advisor Calculates several time frames of multiple indicators, and calculates currency strength,and a new algorithm for predicting profitable trades. Also draws Fibonacci lines on chart and trades with price breakthrough.
- Small number of variables for optimization.
- Easy to operate,Accessible and User-friendly.
- Best time frame 1H.
- Works with Major forex pairs: EUR/USD. GBP/USD. USD/CHF etc...
Trading strategy:
Multiple indicators, currency strength, with new algorithm.
Instructions:
Optimize this EA using the variables below for a year back, and use one pair(for example EUR/USD) with 3K.
Parameters:
- ------------[Money Trailing Stop]---------------
- Take_Profit_Money = Take Profit In Money in current currency (values: 25-200).
- Stop_Loss_Money = Stop Loss In Money in current currency (values: 5-20)
- --------------- [Lot Size ] -----------------------
- Lotsize = lot volume, (values: 0.1-1).
- LotExponent = All trades that come after the first trade will grow exponentially by this value.(values: 1.1-2).
- ---------------[Indicator Value] -----------------
- FastMA = Fast Moving Average indicator value (values: 1-40 ).
- SlowMA = Slow Moving Average indicator value (values: 50-200).
- ----------------[ Stop Order]---------------------
- TotalEquityRisk = Total Equity Risk in percentages (drawdown) (values: 5-40).
- Maximum Orders = maximum trades (values: 1-10).
- MagicNumber = Magic number (values: 1-100000).
You need to optimize this EA once every few months (not more than 6) and use the exact same inputs from above .
How to perform back test (optimization) :
https://bit.ly/2CD7XWDLink to demo version:
https://www.mql5.com/en/market/product/25495#!tab=tab_p_overview