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The Fibonacci Scalper

4.25

The Fibonacci Trader MQL5 expert advisor uses the Fibonacci levels to determine a buy or sell trade with the MACD as confirmation.

The Fibonacci levels work as follows:

Above 61.8
  • SELL if MACD trend is SELL
Trading Range (Ability to select trading input parameters)
  • BUY if MACD trend is BUY
  • SELL if MACD trend is SELL

Below 23.6

  • BUY if MACD trend is BUY

Default settings are configured for EURUSD on M5 Chart.

To work with the news server, you must add the URL ‘http://ec.forexprostools.com/’ in the list of allowed URL tab.

Main menu-> Tools-> Settings tab “Advisors”:

News is not enabled in Strategy Tester.



Check out set files group for latest set files

https://t.me/AlgotradingSetChanges

Join Algotrading_za Telegram group to discuss required updates and share SET files.

https://t.me/algotrading_za



Comentarios 20
Calogero Vella
420
Calogero Vella 2024.03.04 10:53 
 

Very nice! Thanks for the work!

kentarou sumi
153
kentarou sumi 2023.04.19 14:38 
 

I have used it with default setting and M30 chart. Some Doll Pair, I think it work well. thank you, Regards.

P1tBull
42
P1tBull 2022.10.07 21:01 
 

This is a beautiful EA. It needs a little optimisation and backtesting for each pair, but is very versatile, scalable and works across pairs. It needs tweaking out of the box, but if I only had one EA for every pair, this would be it. I can't believe Stanton is giving this away for free.

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Antonio Simon Del Vecchio
5 (10)
Presentamos Scalper Deriv: Elevando tu Experiencia en Scalping. Obtén 1 EA gratis (para 2 cuentas de trading) -> contáctame después de la compra. Setfiles y más   aquí ¿Eres de los traders que encuentran su pasión en el scalping y desean aprovechar al máximo su capital? ¡Ya sea que tengas un balance de $20, $200, $2000, $20000 o incluso $200000 en tu cuenta, tenemos la solución perfecta para ti! Te presentamos Scalper Deriv , el Expert Advisor (EA) diseñado para mejorar tu estrategia de tradi
Gold Excel MT5
Gregory Hay
4.6 (15)
Bienvenido a       Versión GoldExcel EA MT5   , negociación válida en el par de divisas XAUUSD (GOLD) del día. ¡Diseñado por nuestro equipo para trabajar con cuentas regulares, cuentas patrocinadas y tareas! ¡No utilice operaciones de alta frecuencia! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller El precio de oferta inicial aumenta cada pocas semanas. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk:  https://www.mql5.com/
El precio actual es el precio promocional y pronto aumentará. El precio final del producto es: $5566. Solo quedan unas pocas copias al precio actual, el próximo precio es de $566. Consulta los resultados en vivo aquí: Señal en vivo personal: [Haz clic aquí] Señal en vivo de propuesta: [Haz clic aquí] Versión MT4 aquí: [Haz clic aquí] Bienvenido a Quantum Algo Trading MT5 EA. Este EA está diseñado para ser más que solo un sistema mecánico; será tu compañero en tu viaje de trading a lo larg
Big Forex Players MT5
Marzena Maria Szmit
4.79 (38)
We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th
Quantum Trade EA MT5
Bogdan Ion Puscasu
4.79 (139)
Introduciendo       ¡Quantum Trade EA   , el innovador asesor experto de MQL5 que está transformando la forma de operar con el prestigioso par GBPUSD! Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años, Quantum Trade       EA está diseñado para impulsar su viaje comercial a nuevas alturas con su innovadora y dinámica estrategia de zona de ruptura. ¡IMPORTANTE! Después de la compra por favor envíame un mensaje privado para recibir el manual de
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
SSX Titan TT
Artem Minchuk
3.14 (50)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
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This MQL5 Expert Advisor is an adaption of the trading strategy made famous by trading legend Larry Conners. The EA essentially buys on the dips and sells on the rises. Buy Signal Current candle is above the 55 EMA RSI 2 period is below 10 Sell Signal Current candle is below the 55 EMA RSI 2 period is above 90 This strategy has been adapted into a scalping strategy. Default settings are for EURUSD 1H time-frame 2018/01/01 - 2020/05/30 
FREE
Big Mac B
STANTON ROUX
3.5 (6)
The Big Mac B MQL5 expert advisor is a based off a Bollinger breakout strategy. The MACD indicator is used to confirm either a buy or sell trend. The MFI indicator to act as a trading range to ensure that the buy or sell is not activated when the price is in an overbought or oversold condition. Trades will only be entered if the current price is within the trading range of the MFI indicator. Default settings are for the USDJPY on the 5 minute time-frame. To work with the news server, you must
FREE
Triple Threat is the latest offering from Algotrading_za It uses Bollinger Bands and RSI to determine entry positions with MACD as confirmation of trend. It also has a time filter to define trading times. This EA is highly configurable and can be optimized to be used on most currencies. The money management section is also highly configurable and does not make use of any risky strategies like martingale etc..
HEDGING ACCOUNTS ONLY!!! Double Trouble RSI uses 2 Moving averages to define trend then opens trades based on RSI over bought or over sold conditions. It also has a time filter to define trading times. Default settings are for 5 minute timeframe. This EA is highly configurable and can be optimized to be used on most instruments and currencies, including DAX and S&P 500 The money management section is also highly configurable and does not make use of any risky strategies like martingale etc..
Multifarious
STANTON ROUX
4.22 (9)
HEDGING ACCOUNTS ONLY!!! DO NOT USE DEFAULT SETTINGS!! Multifarious is a multiple strategy trading robot.  With 9 indicators, 82 possible trading strategies your possibilities are endless. You can use the following indicators individually or use them together to. Bollinger Bands Moving averages Stochastics RSI Momentum indicator Fibonacci Levels MACD indicator ADX Indicator Fractals Indicator The EA also has a highly configurable money management section to ensure low risk trading. Extra Feat
OH Larry is a collection of Larry Conners most popular mean reversion strategies rolled up into one EA. Use them individually or combine the strategies. Strategies Include: Larry Conners Double 7 Larry Conners Bollinger % Larry Conners RSI2 Larry Conners 2555 The strategies work best on higher timeframes H4 - D1 and on ETF's and Indices. They can easily be configured to run on Forex as well. Most of Larry Conners strategies don't include stop losses but I have added the functionality of add
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Shenol Angelov
30
Shenol Angelov 2024.04.25 09:07 
 

blagodarq interesno

Calogero Vella
420
Calogero Vella 2024.03.04 10:53 
 

Very nice! Thanks for the work!

BeeCoola
14
BeeCoola 2023.10.31 16:36 
 

Unfortunately it did not work for me.

Ravanity2021
14
Ravanity2021 2023.06.01 11:25 
 

I trial this out on a demo account, and it works well. It's more than what I expected.

kentarou sumi
153
kentarou sumi 2023.04.19 14:38 
 

I have used it with default setting and M30 chart. Some Doll Pair, I think it work well. thank you, Regards.

MSFinancial
14
MSFinancial 2022.12.01 23:04 
 

Bad experience! Does not work for me….

Nuno Filipe Pereira Cruz Pereira
239
Nuno Filipe Pereira Cruz Pereira 2022.10.21 18:16 
 

Well it looks work very well. Iam using the V4 setup however instead 1% risk i decided to put 4% risk because like that i will open 0.04 lot for me its about 4000$ instead 0.01 lot or 1000$ trades. I just have 750$, so 4% profit or 4% loss per trade looks good to this ammount of investment. I also decided to use the news link that will make not open trades during eur usd news . I personally like trend and FIbonacci strategy so this simple robot will watch the market for me trying spot a place to enter the market . On V4 setupversion stoploss, take a profit and trailing stop poins are very well choosed for actual dynamic market conditions on this time frame. So i dont know what else can be done to be improved for a low drawndown algotrading without compromise a decent profit

P1tBull
42
P1tBull 2022.10.07 21:01 
 

This is a beautiful EA. It needs a little optimisation and backtesting for each pair, but is very versatile, scalable and works across pairs. It needs tweaking out of the box, but if I only had one EA for every pair, this would be it. I can't believe Stanton is giving this away for free.

Cristian Mihail Pauna
12983
Cristian Mihail Pauna 2022.09.27 07:08 
 

Negative feedback!

Harsh Vardhan
20
Harsh Vardhan 2022.09.23 13:28 
 

not working for me in tester and on demo account , plz suggest what to do

[Eliminado] 2022.09.01 03:31 
 

El usuario no ha dejado ningún comentario para su valoración

[Eliminado] 2022.06.10 10:30 
 

El usuario no ha dejado ningún comentario para su valoración

Alexandre Bellini
398
Alexandre Bellini 2022.05.17 15:48 
 

Muito bom, só gostaria de saber como faço para que depois de abrir um pedido, ele só abra outro depois que o primeiro fechar. Comigo, ele continua abrindo ordens seguidas dentro da mesma negociação sempre que atinge a região de execução. Grato

Very good, I just want to know how I make it so that after opening an order, it only opens after the first one closes. With me, it continues execution orders in a row within the same trade without an execution region being serviced. Grateful

Farouk Elshahat
59
Farouk Elshahat 2022.05.14 21:34 
 

THE EA IS WORKING GOOD SO FAR FOR PAIRS "EURUSD"&"GBPUSD" WITH TIME FRAME M5 WITH PROPER INPUT BUT BACKTEST IS NOT PROMISING .

Andrew Lim Mao Tung
20
Andrew Lim Mao Tung 2022.03.03 01:57 
 

Good EA, Profitable.

member
293
member 2021.11.06 09:00 
 

I like it!

asghar aghnoom
269
asghar aghnoom 2021.10.10 16:55 
 

lose

Kasper Hytonen
612
Kasper Hytonen 2021.09.27 22:39 
 

Nice EA with proper inputs

fedaouche mohamed
74
fedaouche mohamed 2021.09.22 16:02 
 

bad

fared3032
78
fared3032 2021.09.22 16:02 
 

free product always useless

123
Respuesta al comentario
Versión 1.7 2020.10.08
Added ability to create stop orders and limit orders
Versión 1.6 2020.06.08
Fix bug when using % of margin on a sell trade (Trade did not open)
Versión 1.5 2020.06.07
Added ability to select Fibonacci Trading range from input parameters
Versión 1.3 2020.06.07
Add ability to choose between fix lot and percentage of Margin

Versión 1.2 2020.05.27
Decrease trade sensitivity

Minor bug fixes
Versión 1.1 2020.05.26
Extended open trading range to between 23.6 and 61.8 levels.