Market / MetaTrader 5 / Experts /

FanTrader

Demo downloaded: 96

Published: 24 June 2020

Current version: 2.0

FanTrader

Experts
Syed Oarasul Islam
Version: 2.0
Updated: 10 September 2020
Activations: 5

FanTrader is designed to trade any markets (Stocks, Forex, Commodities, Futures, Cryptos). The strategies are developed based on various Price Actions that will be observed on different Fibonacci Fan Levels.

Product Home Page: https://www.mql5.com/en/market/product/51333

ADVANTAGES:

Works on any market and time frames
Multiple Strategies in 4 categories: Retracement, Breakout, Trend Follow, Reversal
Trades simultaneously on any number of markets under the same account
Display Fibonacci Fan Levels while trading
Can do scalping or Hedging
Withdrawal Management. Daily Loss Limit and Equity Drawdown protection
Money based Hidden Stop Loss and Take Profit
Fibonacci Trailing, Percentage Trailing, ATR Trailing, Spike Trailing

FEATURES:

ALLOW_TRADE: True for trading ON and false for trading OFF

MaximumTrades: Maximum number of trades to open for any market. Minimum value is 1. A value more than 1 will activate Hedging mode

BarsToProcess: Number of bars to draw Fibonacci levels.

DrawZigZagBasedFibo: Draw Fibonacci levels based on ZigZag. If true then BarsToProcess will not be in effect

ZigZagDepth: Value for ZigZag Depth

ZigZagDeviation: Value for ZigZag Deviation

ZigZagBackstep: Value for ZigZag Backstep

Trading_Start_Time: Session start time

Trading_Finish_Time: Session end time

*Start time must be earlier than finish time.

Trading_Start_Day: Starting day of the week

Trading_Finish_Day: Ending day of the week

*Value from 0 to 6 where 0 represents Sunday and 6 is Saturday

Spread: Maximum spread to be allowed. Recommended 5-10. This value will be checked for opening, closing

Slippage: Maximum Slippage to be allowed. Recommended 3-5. This value will be checked for opening, closing

FixedLot: Set the value of fixed lot size if you want to use fixed lot only. UseAutoLot must be false in order to be effective.

UseAutoLot: Set to true if you want to use Auto lot rather than Fixed lot. When auto lot in use it is a good idea to withdraw profit every now and then

AutoLotRisks: Maximum risks in percentage when UseAutoLot is true. Recommended setting 0.01

LotDecreaseFactorIfLossOccurs: Reduce lot whenever loss happens. Minimum value is 0

LotIncreaseFactorIfWinsOccurs: Increase lot whenever wins happens. Minimum value is 0

FixedStopLoss: Fixed SL value in points. 0 for no stop

FixedTakeProfit: Fixed TP value in points. 0 for no target

*FixedStopLoss and FixedTakeProfit will not be in effect if UseAutoStopLossTakeProfit is true

UseAutoStopLossTakeProfit: Set to true to use auto stop loss and take profit value rather than fixed value.

StopLoss_Multiplier: Multiply stop loss value with the default stop loss value that the EA decides. Minimum value is 1.

TakeProfit_Multiplier: Multiply take profit value with the default take profit value that the EA decides. Minimum value is 1

UseHiddenStopLossTakeProfit: Set to true to hide your original plan

HiddenStopLossInMoney: The idea is to place order with large stop or no stop at all and exit with a predetermined loss in money

HiddenTakeProfitInMoney: The idea is same as above

WithdrawPoint: Put your desired profit level target when you want the EA to enter into a safe mode. EA will not place any trade but only manage open trades until the withdraw is made

DailyLossLimit: Maximum loss of the day for each market. When limit reaches EA will close open trades and stop trading for the day

MaximunDrawdown: EA will stop trading when maximum equity drawdown occurs.

CloseProfitTradesAtTradingFinishTime: To close only profit trades when trading time is finished

CloseAllTradesAtTradingFinishTime: To close all trades when trading time is finished

UsePercentageTrailing: When more than 90% target achieved move stop loss at 80%. If HiddenTakeProfitInMoney is in use stop loss will be moved to nearest price when 90% target achieved

FibonacciTrailing: To trail based on Fibonacci levels

ATRTrailing: To trail based on ATR

SpikeTrailing: To trail based on large spikes

UseRetracementStrategy: True or False

UseBreakOutStrategy: True or False

UseReversalStrategy: True or False

UseTrendFollowStrategy: True or False

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The Indicator includes three of the most prominent moving averages indicators. These are : Ten Period Exponential Moving Average Twenty Period Exponential Moving Average Fifty Period Simple Moving Average This is one of my favourite trend follow setup that is solely based on these three moving averages. The indicator has the following abilities: It can notify you through voice alerts when price touches any of the moving averages . For example if price touches Fifty Period Simple Moving Average t

FREE

Robonacci is an intelligent robot that seems to understand the inherent nature of the market EURUSD very well. It uses Fibonacci Retracement levels extensively to determine potential support and Resistance levels. Although it uses levels for entry position, it’s main focus is to stay with the trend as long as possible. In its underlying strategy it uses “Cut the loses early and let the profit run” which is why it has a low winning rate. The robot uses four different market conditions: Ranging, T

90 USD

Robonacci USDJPY is the Second addition to my ROBONACCI EA Series. Like other ROBONACCI EA's this one also has the similar core features. The strategies are developed in a way that the EA should survive continuously. Using various Fibonacci levels extensively the EA decides which price action to take in account depending on various market conditions. It deals with only one trade at a time and maintain strict money management rules. Product Home Page: https://www.mql5.com/en/market/product/35

90 USD

FairyFibo can generate as many as 70 different BUY signals and 70 different SELL signals solely based on Price Action and Fibonacci levels. The idea is to catch as many as Swing High's and Swing Low's but with the consideration of the current trend mind. This indicator can be also used for Binary Options Trading as most of the time price tends to follow the signal direction immediately. Most of the strategies are already optimized for different time frames and different market conditions. While

90 USD

This utility is designed to help you with your Manual Trading. It allows different ways of closing trades. It can display total number of BUY and SELL orders individually and also their individual profits. Advantages: One click BUY button with dedicated Lot size editor for Buying One click SELL button with dedicated Lot size editor for Selling One click close button for all BUY orders One click close button for all SELL orders One click close button for all Profit orders One click close but

30 USD

Robonacci Universal is designed to trade any markets (Stocks, Forex, Commodities, Futures, Cryptos). The strategies are developed based on various Price Actions that will be observed on different Fibonacci Retracement levels. Product Home Page: https://www.mql5.com/en/market/product/36095 ADVANTAGES: Works on any market and time frames Multiple Strategies in 4 categories: Retracement, Breakout, Trend Follow, Reversal Trades simultaneously on any number of markets under the same account Di

390 USD

Channelizer is able to trade all kind of markets (Stocks, Forex, Commodities, Futures, Cryptos). It makes trading decisions by analyzing Price Actions on the Regression Channel Lines. Product Home Page: https://www.mql5.com/en/market/product/49892 ADVANTAGES: Works on any market and any time frame Multiple Trading Strategies in three categories: Reversal, Breakout, Trend Follow Trades simultaneously on any number of markets under the same account Display Regression Channel while trading Can d

90 USD

FibTracer is an interactive Fibonacci tool that is aim to improve and facilitate your Fibonacci trading style. This Indicator can generate Fibonacci Retracement levels in two different ways. You can select whether to draw Fibonacci Retracement levels based on you favourite ZigZag settings or you can let the indicator to draw Fibonacci Retracement level based on given number of periods. You can also set Mobile and Email notification for your favourite Retracement levels individually. With this i

60 USD

This Indicator draws Fibonacci Extension levels in two different ways. You can select whether to draw Fibonacci Extension levels based on your favourite ZigZag settings or you can let the indicator to draw Fibonacci Extension level based on given number of Bars or Candles. You can also set Mobile and Email notification for your favourite Extension levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your

60 USD

This Indicator draws Fibonacci Fan levels in two different ways. You can select whether to draw Fibonacci Fan levels based on your favourite ZigZag settings or you can let the indicator to draw Fan levels based on given number of bars or candles. You can also set Mobile and Email notification for your favourite Fan levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your trading and remove boredom. Prod

60 USD

This Indicator draws Fibonacci Arc levels in two different ways. You can select whether to draw Fibonacci Arc levels based on your favourite ZigZag settings or you can let the indicator to draw Arc levels based on given number of bars or candles. You can also set Mobile and Email notification for your favourite Arc levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your trading and remove boredom. Produc

60 USD

599 USD

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Version 2.0 2020.09.10

1. Improvement made so that EA takes lesser time to perform Back testing and Optimization
2. Fixes on Candle closing time on the Info panel