Fibonacci Wizard

The Fibonacci Wizard looks for divergences indicating potential reversals.  When a divergence is detected, the EA will open 1 trade with a profit target based on user selected Fibonacci Retracement level.  If another divergence is detected prior to reaching the profit target, the EA will open another trade of the same size and recalculate the profit target.  This will be attempted until a profit target is reached or the EA reaches the user defined maximum number of open trades.    The user must also specify a default profit target in dollars or pips.  The default profit target must be met in addition to the Fibonacci based level, this prevents the EA from calculating targets with negative profit in turbulent market conditions.  It is recommended to keep the default profit target low if using a Fibonacci based target.  However, if desired the user may turn the Fibonacci based target off and let the EA trade solely on the default profit target.

Inputs

Magic Number - unique number that the EA uses to identify its trades

Max Trades - the maximum number of trades the EA is allowed to take on any given currency pair

Trade Lots - the size of each trade

Stop Loss in Dollars - Stop loss is based on the sum of all profits for the given currency pair.  So for example, if Stop Loss is entered as "50" and there are 5 trades open on EURUSD and the profit on all 5 adds up to a total $50 loss, then all 5 trades will be closed.  Stop Loss should be entered as a positive value.

Fibonacci Based Target - if true, the EA will calculate a profit target based on the desired Fibonacci Retracement level, this is the intended mode of operation for this EA.  For a trade to close, the price must exceed the value of the specified Fib Level AND be greater than the default profit target in dollars.  If Fibonacci Based Target is set to false, the EA will only look for the default profit target and will not draw Fibonacci levels on the chart.

Fibonacci Level- is the desired target for closing the trade.  It should be entered in decimal form (e.g. 0.5 for 50%).  It is not limited to key Fib levels, any number may be entered.  If "Fibonacci Based Target" is false, this value will be ignored.

Use Pips for Profit Target - if set to true, the default profit target in pips will be used instead of dollars

Default Trade Profit in Dollars - used if Use Pips for Profit Target is set to false

Default Trade Profit in Pips - used if Use Pips for Profit Target is set to true

Speed- this input is only relevant when using the backtester in visual mode.  It allows the user to specify the speed at which the chart will go, the lower the number, the faster the chart goes. 1 is fastest, 100000 is slowest.

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Comment ça fonctionne Lorsque l'EA est actif, il analysera le graphique en fonction du paramètre Mode d'exécution. S'il n'y a pas de positions existantes sur le graphique, l'EA entrera dans un trade en fonction du paramètre. Si la tendance est haussière, il entrera dans un trade d'achat, et s'il est baissier, il entrera dans un trade de vente. Il définira également un ordre de stop loss à une certaine distance du prix d'ouverture du trade s'il existe une valeur de stop loss supérieure à 0. 0 s
Big Forex Players MT4
MQL TOOLS SL
4.63 (43)
Experts
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 t
Infinity Trader EA
Lachezar Krastev
5 (20)
Experts
BLACK FRIDAY SPECIAL: 70% OFF + FREE GIFT! Massive savings on our top automated systems: Buy Infinity Trader EA: Only $197 (Save 70% — Regular price: $547) BONUS EA: Get Crypto Master EA 100% FREE (Regular price: $497) Total Value: $1044 — Yours today for just $197! How to claim: Direct message (DM) us your purchase confirmation to unlock your free Crypto Master EA license! Full offer details & live performance stats: https://www.mql5.com/en/blogs/post/778315 Infinity Trader EA Live Results:  h
Stability Pro MT4
Profalgo Limited
5 (1)
Experts
PROMO DE LANCEMENT : SEULEMENT 34 9 $ au lieu de 990$ ! Il ne reste que quelques exemplaires à ce prix promo ! N'oubliez pas de consulter notre "   Pack combo Ultimate EA   " sur notre   blog promotionnel   !   JOIN PUBLIC GROUP:   Click here Résultats en direct à faible risque Résultats en direct à haut risque Bienvenue chez STABILITY PRO  : l'un des systèmes de réseau les plus avancés, stables et à faible risque du marché ! Cette EA a été soumise à des tests de résistance sur l'historique
Quantum King MT4
Bogdan Ion Puscasu
5 (6)
Experts
Quantum King EA — La puissance intelligente, optimisée pour chaque trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Prix de lancement spécial Signal en direct :       CLIQUEZ ICI Version MT5 :   CLIQUEZ ICI Chaîne Quantum King :       Cliquez ici ***Achetez Quantum King MT4 et vous pourriez obtenir gratuitement Quantum Queen X, Quantum Athena X, Quantum Commander, Quantum Emperor, Quantum Baron, Quantum Omni
Boring Pips MT4
Thi Thu Ha Hoang
4.6 (15)
Experts
Vous êtes-vous déjà demandé pourquoi la plupart des conseillers experts ne sont pas efficaces dans le trading en direct, malgré leurs performances parfaites en backtest ? La réponse la plus probable est le surajustement. De nombreux EAs sont créés pour "apprendre" et s'adapter parfaitement aux données historiques disponibles, mais ils échouent à prédire l'avenir en raison d'un manque de généralisabilité dans le modèle construit. Certains développeurs ne connaissent tout simplement pas l'existe
Waka Waka EA
Valeriia Mishchenko
4.25 (48)
Experts
8+ years of live track record with +12,000% account growth: Live performance MT 5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make profit Supported cu
Nomore925 Bot
Chad Acie Thompson
Experts
The Ultimate Hands-Free Trading System tested on live accounts only proof in video! Tired of micromanaging trades? Introducing the Nomore925 BOT is the platform's BEST hands-free trading system! Trust and reputation are very important to me My BOT Is a  Sniper and after 8 years of testing I Now turn my attention to combining EVERY good thing I've found to work in the last eight years into one easy-to-use, premium EA No 'AI' claims Strict DD limits / risk management 10 months+ of live signals Ma
Gann HiLo System MT4
Pol Lazaro Porta
Experts
GHS (Gann HiLo System ) is an expert advisor that trades the resumption of a trend after a pullback, using the Gann HiLo Activator as its directional reference. It does not chase price or try to anticipate reversals: it waits for the line to define a trend, waits for price to pull back against it, and enters only when the market clears the prior extreme of the move, confirming it wants to resume its direction. The Gann HiLo indicator is calculated inside the advisor itself, so no external indic
Daytrade Pro Algo
Profalgo Limited
5 (5)
Experts
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de trading a
Dax Institutional Flow
Daniel Reuter
Experts
!!! Veuillez n'utiliser l'EA que sur l'unité de temps D1, car il est optimisé pour celle-ci !!! DAX Institutional Flow – Expert Advisor (EA) Premium pour cassures sur le DAX40 DAX Institutional Flow est un Expert Advisor (EA) entièrement automatisé et d'une grande précision, spécialement conçu pour le trading de l'indice DAX (GER40 / DE40). Il exploite des modèles de cassure institutionnels pour tirer parti des mouvements dynamiques du marché tout en appliquant une gestion des risques rigoureus
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Tequila Sunrise
Thomas Woody
Experts
The Tequila Sunrise (TSR) makes “buy” trades on the USDMXN during morning times of high volumes. The EA uses a combination of the Stochastic Oscillator, Force Index, and a price action algorithm across different timeframes to determine whether or not it takes a trade each particular day. Instead of a take profit target, the EA uses an algorithm to determine when to close the trade. It is designed to run on the 5 minute charts on a daily basis. Parameters Magic Number : This is a unique identifi
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