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The Fibonacci Scalper

4.28

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



Recensioni 20
Calogero Vella
382
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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The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
Forex GOLD Investor MT5
Lachezar Krastev
4.88 (49)
SHOCK DEAL --> JUST RELEASED UPDATE + DISCOUNT + BONUS EA Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings
Quantum Wizard MT5
Bogdan Ion Puscasu
5 (14)
Quantum Wizard è un Expert Advisor avanzato per il trading dell'S&P500 (US500), che utilizza un   sofisticato sistema di griglia e una gestione avanzata del denaro progettata per le massime prestazioni   . È in sviluppo da più di 2 anni, con l'ultimo aggiornamento in arrivo quest'anno. Ora puoi finalmente diversificare il tuo portafoglio con il trading di indici. Quantum Wizard è molto semplice da installare, basta installarlo sull'US500 con le impostazioni predefinite, in qualsiasi intervall
Darwin Swing MT5
Guillaume Duportal
4.92 (38)
Darwin SWING Prezzo di lancio 999 USD, prezzo futuro 1490 USD DESCRIZIONI : -- Per capire come funziona, leggete il blog (Questo EA riflette la mia filosofia di trading sul forex... Se vi piace il mio modo di vedere le cose, allora vi piacerà il mio EA. Prendetevi il tempo per farlo! (Il Forex non è una gara): https://www.mql5.com/en/blogs/post/745790 -- Per vedere le performance passate ecco i link ai segnali Segnali live e demo: https://www.mql5.com/en/users/tradedeal/seller
AI NeuroX EA
Denis Kurnev
4.53 (15)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Boring Pips MT5
Thi Thu Ha Hoang
4.6 (20)
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
The Last Of It
Tajammul Hussain
4.56 (9)
L'Ultimo di Essi: Scatena la Potenza Suprema del Trading Forex Preparati ad essere sbalordito dalla pura forza di "The Last Of It", il gioiello della mia collezione di esperti consulenti. Questo EA magistralmente realizzato è una testimonianza della tecnologia di trading all'avanguardia, offrendo prestazioni senza precedenti in tutto il panorama del forex. Con "The Last Of It" alla guida del tuo arsenale di trading, potrai sfruttare appieno il potenziale di una strategia meticolosamente elabora
Altri dall’autore
Triple Threat Crown
STANTON ROUX
3.67 (3)
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..
Larry Conners RSI 2
STANTON ROUX
3.33 (3)
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
Double Trouble RSI
STANTON ROUX
3.67 (3)
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
STANTON ROUX
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
Filtro:
Calogero Vella
382
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
12973
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

[Eliminato] 2022.09.01 03:31 
 

L'utente non ha lasciato alcun commento sulla valutazione.

[Eliminato] 2022.06.10 10:30 
 

L'utente non ha lasciato alcun commento sulla valutazione.

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

Pak Hong Poon
2691
Pak Hong Poon 2021.09.11 16:31 
 

interesting, thanks for sharing

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

Versione 1.2 2020.05.27
Decrease trade sensitivity

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