• Overview
  • Reviews (21)
  • Comments (251)
  • What's new

Fibonacci EA

This EA is based on modified Fibonacci strategy. It works on all timeframes. The EA uses data from two days ago to open position (for example: if you attach Fibonacci EA on H1 chart, the EA uses 48 candles to make a decision). Also, I have to say, the EA does not depend on a timeframe. This EA uses Fibonacci Retracement tools only. This is a great Expert Adviser for big and small capitals. You have smart take profits and smart stop losses (Auto TP & SL). You can see SL and TP levels on your chart.

  • Anti-loss option placed on the EA has two variants: Anti-loss 1 and Anti-loss 2
  • For example, Anti-loss 2 is good for EURUSD. If your position is closed in loss, Anti-loss 2 will start (no hedging).

Real account monitoring for the new version: https://www.mql5.com/en/signals/103399


Input Parameters

------------< Strategy 1 >------------

  • Use Strategy 1: False/True ---> this is a main strategy
  • Auto Take Profit: True ---> if set to false, you can change TP or SL manually to optimize the EA
  • Auto Stop Loss: True
  • Take Profit: 30 ---> manually for Auto Take Profit: False
  • Stop Loss: 30 ---> manually for Auto Stop Loss: False
  • Anti-loss 1: False ---> if set to true, a position is opened in parallel with the loss trade (TP and SL levels in Anti-Loss: ½ stoploss of the loss trade = new sl and tp in anti-loss); for example: we have some loss trade with 30 pips (-30 pips). Anti-loss will be started with 15 pips of SL and TP
  • Anti-loss 2: True ---> a position is opened vice versa with the loss trade (TP and SL levels in Anti-Loss: ½ stoploss of the loss trade = new SL and TP in Anti-Loss); for example: we have some loss trade with 30 pips (-30 pips). Anti-loss will be started with 15 pips of SL and TP
  • AL Auto Take Profit: True ---> if set to false, you can change TP manually for Anti-loss
  • AL Auto Stop Loss: True ---> if set to false, you can change SL manually for Anti-loss
  • AL Take Profit: 30 ---> manually for Auto Take Profit: False (AL Auto Take Profit: False)
  • AL Stop Loss: 30 ---> manually for Auto Stop Los: False (AL Auto Stop Loss: False)

------------< Strategy 2 >------------

  • Use Strategy 2: False/True ---> this is a breaking strategy. This strategy is very helpful for your trades
  • Buy Max Order a Day: 1 ---> maximum buy order for every day
  • Sell Max Order a Day: 1 ---> maximum sell order for every day
  • Take Profit: 50
  • Stop Loss: 50

------------< Strategy 3 >------------

  • Use Strategy 3: False/True ---> this is a double sided breaking strategy. This strategy is appropriate for fixed trend days
  • Buy Max Order a Day: 1 ---> maximum buy order for every day
  • Sell Max Order a Day: 1 ---> maximum sell order for every day
  • Auto Take Profit: False/True ---> if set to false, you can change TP or SL manually
  • Auto Stop Loss: False/True ---> if set to false, you can change TP or SL manually
  • Take Profit: 30
  • Stop Loss: 30
  • Money Management Setting
  • Fixed Lot ---> if (Risk% Lot) set to false, you can change lot manually
  • Min Lot
  • Max Lot
  • Risk% Lot: True/False
  • Risk%: 0.05
  • Trade Time Filter
  • GMT Time: True/False
  • GMT Set: ---
  • Start Time: 00:00
  • End Time: 23:59
  • Trading in all week: you can control trades on weekdays
Please download demo version and test it.


Advantages

  • No difference between backtests, demo tests and real testing (long-term trade)

Fibonacci EA works on EURUSD, GBPUSD, USDCHF, EURJPY, USDCAD, AUDUSD and GOLD.

For any questions or set files, please use the Comments tab.

Good luck!

eviny.adrien
49
eviny.adrien 2018.10.23 09:47 
 

working good !!

igran
124
igran 2018.05.19 14:32 
 

User didn't leave any comment to the rating

Matthew Todorovski
12155
Matthew Todorovski 2018.05.10 14:01 
 

User didn't leave any comment to the rating

rhylee.kaz
50
rhylee.kaz 2018.03.07 12:27 
 

User didn't leave any comment to the rating

Andrey Litvichenko
7585
Andrey Litvichenko 2017.10.20 07:18 
 

User didn't leave any comment to the rating

Nikolay Gaylis
8832
Nikolay Gaylis 2017.08.20 22:27 
 

User didn't leave any comment to the rating

Ali irwan
5166
Ali irwan 2017.07.25 01:02 
 

User didn't leave any comment to the rating

Nork
6089
Nork 2017.07.22 19:27 
 

User didn't leave any comment to the rating

Vyacheslav Korolev
16041
Vyacheslav Korolev 2017.05.05 13:53 
 

User didn't leave any comment to the rating

Eleni Anna Branou
7076
Eleni Anna Branou 2017.02.07 19:22 
 

User didn't leave any comment to the rating

Андрей Мурза
294
Андрей Мурза 2017.02.03 15:42 
 

User didn't leave any comment to the rating

darius
129
darius 2016.12.28 05:37 
 

No good that's why its free donot put on real account will lose your money.

Gennadiy Voltornist
12004
Gennadiy Voltornist 2016.12.25 18:49 
 

User didn't leave any comment to the rating

Maksym Mudrakov
18917
Maksym Mudrakov 2016.05.04 22:17 
 

не плохо.

Ovidiu Caslariu
7834
Ovidiu Caslariu 2016.02.13 22:12 
 

Not a Fibonacci fan.

Rodrigo da Silva Boa
7168
Rodrigo da Silva Boa 2015.12.03 04:30 
 

User didn't leave any comment to the rating

alex khajidan
28
alex khajidan 2015.09.16 10:05 
 

Best of free MQL market EA's , Great job . Thanks

Tiago Santos
373
Tiago Santos 2015.06.13 18:18   

not good this EA. :-(

Felipe Ponce Aragon
964
Felipe Ponce Aragon 2015.06.04 05:12 
 

No profits in the long term. 0 stars.

Atep Novic
1017
Atep Novic 2015.04.04 05:53 
 

Thank for update software , support this product is excelence

tradesafenow
587
tradesafenow 2015.03.30 10:35 
 

Great EA, it follows the rules of trading and has SL and TP values, no grid, martingale, etc.

Version 6.0 2015.08.03
Comment problem fixed and trailingstop for strategies added
Version 5.0 2015.07.14
EA Comment added
Version 4.0 2015.05.08
Added two new strategies. V.4 is flawless and powerful.
Version 3.0 2015.04.06
New version - More power - More efficiency - Safer
Added new parameters to Trade Time Filter:
GMT time set
Start Time
Time End
Filter for selecting trading days (any days of a week)

Please note that new set files are required for the new version.