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Fibonacci Strategies EA

Fibonacci strategies EA trades fibonacci levels. You can choose whether the EA should trade a manually plotted fibonacci or whether it should automatically plot a fibonacci.

In automatic fibonacci drawing mode, the EA automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator.

The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with different settings and colors. The settings are explained below:


Trade settings
  • Lots- This is the lot size for opening trades. If this value is greater than zero, then fixed lots will be used.
  • RiskPercentage- The percentage of free margin to risk in a trade. The Lots setting must be left as 0 to use this setting instead.
  • TakeProfit- The fixed take profit valuein points. If 0 then no take profit will be set.
  • StopLoss- The fixed stop loss value in points. If 0 then no stop loss will be set.
  • CloseOnReverseSignal- If set to 1 or true, then trades will be closed if a trade signal opposite the one that opened the trade appears.
  • WaitForCrossBarClose- A trade will only occur after the bar where the cross occured closes.
  • OneTradeAtAtime- If set to true, then only one trade will be opened at a time.
  • MaximumTrades- If this setting is greater than 0, then the EA will be limited to a maximum of this number of trades at any one time.
  • TradeMode- The EA supports two trading modes. In BounceBack mode it will buy if the level is crossed downwards and sell if the level is crossed upwards. In CutThrough mode, it will sell if the level is crossed downwards and buy if the level is crossed upwards.

Trailing stop settings

  • AllowTrailingStop- This setting must be set to true if trailing stop is to activate.
  • TrailDistance- The trailing stop will be this distance in points away from the price.
  • TrailTrigger- The trailing stop will only start when the trade is at least this number of points in profit.
  • TrailStep- After the trailing is active, a new modification will only occur when there is at least a change of this points. This prevents too many trade modifications on every little price change and hence saves on memory usage.
Fibonacci settings
  • UseManualFibo- Set true to use a manually drawn Fibonacci instead of the.
  • ManualFiboName- Name of the manually drawn fibonacci.
  • AutomaticFiboName- The name the EA should give to the automatically drawn fibonacci.
  • BarsToScan - Set number of bars for the indicator to check for values.
  • Level_1 - First level of the fibonacci.
  • Level_2 - Second level of the fibonacci.
  • Level_3 - Third level of the fibonacci.
  • Level_4 - Fourth level of the fibonacci.
  • Level_5 - Fifth level of the fibonacci.
  • Level_6 - Sixth level of the fibonacci.
  • LevelsColor - Setting to customise the color of the fibonacci levels.
  • FiboName - Setting for the name of the fibonacci. If you attach several times then each fibo should have a different name.
  • MinimumFiboHeightToTradePoints- Only trade if the fibo is this points high or greater measured from the 0% to the 100% level.
  • TradeAtLevel- Level to open a trade if crossed.
  • EnableExitLevels- Enable or disable exit by crosses of the fibo levels set in the next inputs.
  • ExitLevel1- Exit trade if this level is crossed and EnableExitLevels is set to true.
  • ExitLevel2- Exit trade if this level is crossed and EnableExitLevels is set to true.
  • HistoricalFiboColor- Color of historical Fibonacci where a trade opened. This fibo will stay until its trade closes.
  • MagicNumber- Magic number for the EA. Must be different for each instance of the EA if run in more than one chart of the same symbol.


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TripleH
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INREXEA LIMITED
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Adaptive Trend Hunter
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Andrii Holiev
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Total P
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Viktar Rudabelets
Total P - полностью автоматическая торговая система. Система использует в торговле основные закономерности рынка Форекс - возврат цены после резкого движения в любом направлении. Робот полностью оптимизирован и настроен на торговлю. Рекомендуемый Timeframe: M15 Рекомендуемый брокер: любой Рекомендуемая валютная пара: USDCHF Торговая система работает как на VPS так и на персональном компьютере пользователя. Максимально точные бэк-тесты и торговля на реальных счетах показывают высокий процент выпл
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Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
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TripleHHH
TripleHHH
INREXEA LIMITED
TripleH Price up : Due to coming version will be connected to my database . Price will be going up. Last 10 copies for this price , next price will be 2100 USD . Target back to 3888 . BackTest which can not see the full functions which all pairs are communicating among each others . Please watch signals : SignalMinitor   ::  Do not waste your time on Backtest New setup   Will soon upgrade to a non MQL version which connect to my database to get real data for users whom purchase from here on
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Guan YU Trend
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Fang Wang
Discounts are currently available!!! Discount 389 9.8-9.13 Final price will be 990$ MT5= https://www.mql5.com/en/market/product/71137 Hello I am a programmer with 10 years of EA programming. I have developed many strategies, but there are only a few strategies that can be used. The strategy I am releasing now is an all-day trend strategy that I am more satisfied with. This strategy has minimum stop loss and maximum stop loss, and trailing stop loss The maximum stop loss is 68 This is an all-d
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Project V
Project V
Andrey Kolmogorov
Promotional price: only   for the first  5  buyers -  $349 . next   price  $399 . A trading advisor that uses in its work a strategy based on trend and countertrend algorithms, built on the principles of a quantum set of algorithms. When using the standard operating mode, only 1 order is always opened. The order is opened at the beginning of each trading day. By default, no additional set files are required. Signal Default:   EUR/USD Signal Grid:   EUR/USD Signal Martin:   EUR/USD Working
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Sodobe Scalper
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Important: if you got error "Global initialization failed" when run backtest,  please use build 1340 or 1330 to run backtest. We also report this error to MQL5 team  https://www.mql5.com/en/forum/377731   Scalping solution provided by top 5% world Professional Traders,  verified for 20 years Very low risk No scam Never fired account => That's Sodobe Scalper The EA best works for   Gold XAUUSD  with default settings, broker Exness, pro account type to low spread .   And the target price will be:
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