FiboNY
- Experts
- Versione: 3.2
- Attivazioni: 5
FiboNY is a 100% automated Expert Advisor for MetaTrader 5 designed
specifically for trading XAUUSD (Gold). It analyzes the H1 opening
candle of the New York session and determines trade direction based
on the close price relative to the candle's range.
Key Features
- Fully Automated Trading: Once configured, no manual intervention required.
- Strict Risk Management: Hard Stop Loss applied to every trade upon execution.
- Simple Strategy: No Martingale, no Grid, and no position averaging.
- Disciplined Execution: Maximum of 1 trade per day at a fixed time.
- Flexible Parameters: Configurable Risk/Reward ratio (default 1:1).
- Advanced Order Management: Optional Break-Even and Partial Close functionality.
- AutoDST Support: Optional automatic adjustment for Daylight Saving Time changes.
- Visual On-Chart Levels: Draws Key Entry, SL, and TP levels directly on the chart for full transparency.
Recommended Setup
- Symbol: XAUUSD
- Timeframe: H1
- Risk per Trade: 1% - 2% recommended
- Minimum Balance: Dependent on your broker's minimum lot size for Gold.
Important Note on ServerHour Parameter
This EA trades based on the New York market opening candle, but each
broker uses a different server time zone. The ServerHour parameter
must be set to match your broker's specific offset — the default value
works for some brokers but not all. To find the correct value for your
broker, check the current server time shown in the MT5 "Experts" tab
when loading the EA, and compare it to the current time in New York.
Send a message if you'd like help calibrating this for your specific
broker.
Disclaimer: Past performance is not indicative of future results.
Trading CFDs involves significant risk.
SUPPORT
Questions before or after purchase? Send a private message through
MQL5 — happy to help with setup, broker-specific configuration
(especially the ServerHour parameter), or any other question.
