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Fibo Expert

The Expert Advisor is based on Fibonacci levels. In their turn, Fibo levels rest on ZigZag indicator. The trading is performed both on roll back from a Fibo level (Bounce off level) and on level breakthrough (Breaks the level). 

  1. Bounce off level - when the price crosses the specified Fibo level, a Buy order is opened.
  2. Breaks the level - when the price crosses the specified Fibo level, a Sell order is opened.

The EA trades any currency pair, metals and stocks. All timeframes are supported. 

Parameters

  • Lots - fixed trading lot;
  • StopLoss - stop loss level in points;
  • TakeProfit - take profit level in points;
  • Action - the action to be performed when the levels are touched. Bounce off level = roll back, Breaks the level = breakthrough;
  • MagicNum - trade magic number;
  • TextColor - displayed data color;
  • MinWavelength - minimum wave length for opening trades;   
  • MaxWavelength  - maximum wave length for opening trades;  
  • FiboOpenDeal - Fibo level for opening trades; 
  • Backstep - the minimum number of candles between connected points (ZigZag);
  • Deviation - the minimum distance between the local extrema, in percentage % (ZigZag);
  • Depth - the shortest distance (in candles) the new maximum or minimum is drawn at;
  • BreakevenDeals - if true, trades are moved to breakeven;
  • BreakevenStart - the minimum number of points passed by the price to move a position to breakeven;
  • BreakevenStep - minimum profit in points to move to breakeven;
  • Trailing - point based trailing if set to true;
  • TrailingStart - the minimum number of points passed from the order open price for the trailing;
  • TrailingStop - the number of points to start trailing stop;
  • TrailingStep - trailing stop step;
  • TrailingHiLow - trailing based on the Hi - Low of the previous bars if set to true;
  • TimeFrame - the timeframe to search for the extrema of the previous bars;
  • BarCount - the number of past bars to search for extrema;
  • IndentHiLow - shift of Hi - Low from the highest/lowest value.
Reviews 2
hameed412
75
hameed412 2015.02.26 07:10 
 

The price should be 10000 USD

Amazing (( if you think out of the circle ))

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Svetlana Visnepolschi
Forecaster Alligator   is a fully automated Forex trading robot using a combination of  NPS indicator  with standard  Alligator   indicator  in combination with RSI   and   RVI   indicators via the CPS technology. The strategy based on  Alligator   indicator is used as a confirmation factor - if the signals from  NPS  indicator and  Alligator   +   RSI / RVI   indicators coincide, the signal strength increases; if  NPS  indicator and  Alligator   +   RSI / RVI   indicators return opposite signa
85 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
Red Hawk EA
Wim Schrynemakers
!! RED HAWK - LAUNCH PROMO !! ONLY 6/10 COPIES AVAILABLE AT 149$ NEXT PRICE -> 199$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. My recommended broker for this strategy :  https://www.icmarkets.com/?camp=4
149 USD
ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
Spider Crazy Pro
Michela Russo
Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, then we see an high resistance to slippage Spider  Crazy Pro 
199 USD
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Maksym Mudrakov
23936
Maksym Mudrakov 2016.06.14 12:40 
 

User didn't leave any comment to the rating

hameed412
75
hameed412 2015.02.26 07:10 
 

The price should be 10000 USD

Amazing (( if you think out of the circle ))

Reply to review
Version 1.3 2015.03.30
Fixes for work on time
Version 1.2 2015.03.25
Added function for calculating the trade balance of the lot.
Fixed bugs
Version 1.1 2015.03.05
Added the EA operation time filter
Fixed an issue with sticking Fibonacci levels