Fibo Exhaustion Kangaroo EA
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Fibo Exhaustion Kangaroo EA is an expert advisor that uses Relative Strength Index RSI and Stochastic Oscillator indicators for entry signals, either long or short trades. Besides, takeprofit and stoploss can be configured as a Fibonacci percent or Stochastic or RSI can be used to trade out. In case of trade out, the trading system will close orders even if Fibonacci takeprofit and stoploss were enabled.
- Stochastic Oscillator.
- Relative Strength Index RSI.
- Fully automated trading.
- Fixed takeprofit and stoploss or smart Stochastic or RSI trade out.
- NO Martingales.
- Easy to configure, test and run.
- Robot: Fibo Exhaustion Kangaroo EA 1.00 – (Name of your expert advisor)
- Magic number: 239 – (Magic number to specify orders)
- Basic lot size: 0.1 – (Lot size of each order)
- Symbol digits: 5 (Number of digits of each symbol, ex: EURUSD – 5)
- Maximum volume (Symbol - 0 if automatic and not backtest): 500 (Copy maximum volume per symbol or 0 to automatic)
- RSI period:: 8 (RSI period)
- RSI down limit (for long orders): 26 (RSI down limit to long entry signal)
- RSI up limit (for short orders): 51 (RSI up limit to short entry signal)
- RSI trade out enable: true (Enable RSI trade out)
- RSI up limit (for long orders): 51 (RSI down limit to long trade out)
- RSI down limit (for short orders): 26 (RSI down limit to short trade out)
- Stochastic smooth: 6 (Stochastic smooth)
- Stochastic %K: 15 (Stochastic %K)
- Stochastic %D: 3 (Stochastic %D)
- Stochastic down limit to in (for long orders): 26 (Stochastic down limit for entry signal)
- Stochastic up limit to in (for short orders): 60 (Stochastic upper limit for entry signal)
- Stochastic trade out enable: true (Enable Stochastic trade out)
- Stochastic up limit to out (for long orders): 60 (Stochastic up limit to trade out)
- Stochastic down limit to out (for short orders): 26 (Stochastic down limit to trade out)
- Fixed TP and SL enable (if false, Fibonacci stops): false (Enable fixed stops or Fibonacci)
- Fixed Takeprofit (points): 400 (Fixed takeprofit if enabled)
- Fixed Stoploss (points): 400 (Fixed stoploss if enabled)
- Fibonacci number of previous candlesticks: 501 (Number of previous candlesticks for Fibonacci analysis)
- Takeprofit Fibonacci percent: 0.04 (Percent of Fibonacci for Takeprofit calculation based on previous candlesticks)
- Stoploss Fibonacci percent: 0.31 (Percent of Fibonacci for Stoploss calculation based on previous candlesticks)
- OBV Enable: false (Enable OBV trade in filter)
- Growth volume on crossing: false (Enable OBV with bigger volume on crossing)
Recommended symbol: EURUSD.
Recommended timeframe: H1.