Signals Provider RSI and Fibonacci

Adapted RSI indicator (according to DeMark), automatically constructed Fibonacci lines and convenient active information panel create reliable conditions for profitable multicurrency trading by the advisor Signals Provider RSI and Fibonacci

Attaching EA to different windows of currency pairs creates a hedging effect (minimizing the risk of unforeseen market price fluctuations). To do this, after attaching EA to the currency pair window, you need to change the MagicNumber number and, accordingly, enter other input parameters of this currency pair.

EA signals.

Operation description


The expert, according to the signals of the RSI (Relative Strength Index) indicator and the advice of Thomas Demark (when the indicator is in the overbought (oversold) zone more than 5 bars), identifies possible divergence (price divergence and indicator reading), sets the required number of orders with the installation of StoLoss and TakeProfit. At the same time with monitoring the RSI signal, it draws Fibonacci lines on which TakeProfit orders will be oriented later, while the placed orders can be fixed both on the nearest Fibonacci lines and on subsequent lines or according to the RSI indicator turn signals (the expert, in this case, automatically moves TakeProfit to the next Fibonacci level), for this you need to set the EA with the appropriate parameters UseTProfitFibo, UseTProfitRSI, UseSLossRSI, and also enable or disable the trailing stop UseTrStop. By default, they are all already included and displayed in the input parameters as true.

In the active information panel, the main input parameters for each currency pair are displayed and buttonsfor closing profitable, unprofitable or all orders for one specific currency pair are placed. That is, at your discretion, you can close orders for a specific currency pair and not catch orders among their total diversity set in the terminal.

With strong bullish and bearish market sentiment, it is recommended to shift overbought lines - MaxpercentRSI or oversold - MinpercentRSI to higher or lower values (for example, an uptrend, sideways overbought standard MaxpercentRSI = 60 - 70% can be moved to MaxpercentRSI = 75 - 100%, with a downtrend, the oversold standard of the side trend MinpercentRSI = 40 - 30% can be moved to MinpercentRSI = 25 - 1%).

Inputs

  • Lot - lot size you can use any lot size, fractional 0.01 or 0.1;
  • SL - stop loss;
  • NumberOrder - number of orders;
  • FiboBars - the number of bars for the calculation and normal operation of the display of Fibonacci lines;
  • UseTProfitFibo - includes automatic movement of TakeProfit to the next Fibonacci level;
  • UseTProfitRSI - includes automatic closing of profitable orders based on RSI indicator signals;
  • ProfitClosing - profit closing percentage (higher percentage - less often closing);
  • UseSLossRSI - enables automatic closing of unprofitable orders based on RSI indicator signals;
  • LossClosing - loss closing percentage (higher percentage - less often closing);
  • UseTrStop - enable / disable trailing stop;
  • TrailingStop - trailing stop value in points;
  • TimeFrameRSI - any time interval for indicator RSI;
  • ValuePricesRSI - at what price the indicator is calculated;
  • MaxpercentRSI - maximum oversold percentage for RSI indicators, preferably 60-100%;
  • MinpercentRSI - minimum overbought percentage for RSI indicators, preferably 1-40%; 
  • MagicNumber - magic number, integer constant used to uniquely identify orders.

The EA determines the permission to trade in robots and immediately alerts you with the help of the Alert notification system (a separate window will pop up with an audible alert, see the screenshot) in the MT4 terminal. Alert will also warn you of an error if you accidentally logged into the account under the investment password. EA will also determine the type of account ( real, demo or competitive account, see screenshot) and inform you about it in the information panel. When you change the background of the terminal, automatically changes the colors of the Fibonacci lines, you just need to update the input parameters with the OK button.









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Exotic Bot   is a multi -cream multifunctional adviser working on any time frame and in any market conditions. The robot’s work is taken as a system of averaging with the non -geometric progression of the construction of a trading grid. Built -in protection systems: special filters, spreading, internal restriction of trading time. Building a trading grid, taking into account important internal levels. The ability to configure trading aggressiveness. Work postponed orders with trailing orders. T
THE MARKET CHANGES. EUR MACHINE PRO CHANGES WITH IT. Not one strategy for every situation. Not one signal. Not one fixed set of rules. EUR MACHINE PRO first determines what kind of market it is dealing with, and only then decides which trading logic should be used. Range? Trend? Calm market? High volatility? Different market conditions activate different models, different entry logic and different trade management. This is what many traditional Expert Advisors are missing: they continue applyin
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Recovery Manager Pro is a system for recovering drawdowns from other advisors or from manually opened orders. RM Pro has the ability to automatically dynamically adjust. The trader needs to select the risk level and the advisor will work in fully automatic mode. Can work in drawdown recovery mode and standby mode! If another advisor generates a drawdown, RM Pro will disable it, lock the position and start the process of restoring the deposit using partial closures. In its trading, the advisor u
Dark Gold
Marco Solito
4.69 (91)
Dark Gold  is a fully automatic Expert Advisor for  Scalping   Trading on Gold , Bitcoin , Eurusd and Gbpusd. This Expert Advisor needs attention, in fact presents highly customizable. Dark Gold is based on   Dark Support Resistance indicator   (owning it is not necessary) , these Trades can be manage with some strategies. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get Dark Support Resistance indicator for Free , for More info contact me The basic strategy st
Gold Storm PRO MT4
Evgeniia Terekhova
Gold Storm PRO: trades gold only after a confirmed impulse Gold Storm PRO is an Expert Advisor for XAUUSD by Storm Labs. It waits for a confirmed price impulse, enters with a pending order and opens every trade with a Stop Loss and a Take Profit. No grid, no martingale, no averaging, no hedging. Platform: MetaTrader 4. A MetaTrader 5 version is also available. You can see how it trades on a real account: our public Gold Storm PRO signal has been running since July 2026. How it trades: the market
GbpUsd Robot Pro MT4
MQL TOOLS SL
5 (1)
The GBPUSD Robot Pro is an advanced automated trading system developed specifically for the unique dynamics of the   GBP/USD currency   pair. Using advanced technical analysis, the robot continuously analyzes historical and real-time market data to   identify trends,   key support and resistance levels, price momentum, volatility, and other important market conditions specific to GBP/USD. The Robot opens positions every day, from Monday to Friday, and all positions are secured with Take Profit,
Exp4 The xCustomEA for MT4
Vladislav Andruschenko
4 (5)
The xCustomEA for MetaTrader 4 — Universal Trading Expert Advisor for Custom Indicators Build your own trading system around almost any custom indicator. The xCustomEA for MetaTrader 4 is a universal Expert Advisor designed to receive signals from your custom indicators and execute trades according to your configured logic. You define the indicator name, signal buffers, and core parameters, and the EA uses this data to automate trading. It is a practical solution for traders and developers who n
The Gold Space MT4
Ayush V Jain
5 (1)
Version 3 is live now. LIVE SIGNAL REACHED 250% on Version 2 and market shifted. Live Signal of Version 3 on Vantage Version 3 Live signal https://www.mql5.com/en/signals/2393691 Join telegram group   https://t.me/+UaALtDiYMb4xYTk1 The Gold Space v3 – Built on a New Engine The Gold Space v3 is a complete rebuild of our XAUUSD breakout system. It runs on a new engine designed around one idea: place fewer, cleaner orders and manage every trade with discipline. The New Engine Virtual levels: Every
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