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Fibo Price change

65 USD

Author debarred from selling products

Demo downloaded: 248

Published: 25 January 2018

Current version: 21.2

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Overview
Reviews
Comments (2)
What's new

Fibo Price change

Experts
Aharon Tzadik
Version: 21.2
Updated: 27 January 2025
Activations: 20

"Fibo Price Change"

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 Arcs 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) :

Link to demo version:

https://www.mql5.com/en/market/product/26443#!tab=tab_p_overview

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