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MagicFiboCompass

MagicFiboCompass Expert Advisor

 

The Expert Advisor is based on Fibonacci. It uses a special price for entry position. The Fibonacci levels are based special algorithm. The EA is trades using a pending orders type is BUYLIMIT and SELLLIMIT.  The Expert Advisor has been designed to trade on any currency pair. This EA is use close order for exit position after pips level is reaching the target. Default profit target by pips is 50 pips.


Parameter

Slippage = 3;

PipsProfit = 50; < Target Pips for Exit Orders

LotExponent = 1.5; < This maximun LotExponent for maximum profit, also can use 1.0 for low margin.

Auto lots = TRUE;

Fixed lots size = 0.1;

Risk % = 2;




















































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