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Fibonacci Trend Tracker

An expert advisor (EA) is an automated trading system designed to execute trades on behalf of traders in the financial markets. In the context of a buy and sell grid system of levels breakout, the EA is programmed to identify key price levels and initiate buy or sell trades when those levels are broken.

Here's a step-by-step description of how such an EA might work:

  1. Level Identification: The EA identifies significant price levels on the chart, such as support and resistance levels or trendlines. These levels act as reference points for potential breakouts.

  2. Grid Formation: The EA establishes a grid of buy and sell levels above and below the current price. The spacing between these levels can be predetermined or dynamically adjusted based on market conditions and the trader's preferences.

  3. Breakout Detection: The EA continuously monitors the price movement and compares it to the established levels. When the price breaks above a resistance level or below a support level, it triggers a breakout signal.

  4. Trade Execution: Upon detecting a breakout, the EA automatically executes trades based on the predefined rules. For instance, if the price breaks above a resistance level, the EA may initiate a buy trade. Conversely, if the price breaks below a support level, a sell trade may be initiated.

  5. Grid Management: As trades are executed, the EA manages the grid by adjusting the levels and spacing. It may close profitable trades at predefined targets or use trailing stop-loss orders to protect gains. Additionally, the EA may open new trades at new grid levels as the price continues to move in a particular direction.

  6. Risk Management: A well-designed EA incorporates risk management strategies to control exposure. It may include features like position sizing, stop-loss orders, or maximum risk limits to protect the trading account from excessive losses.

  7. Monitoring and Optimization: The EA continually monitors the market conditions, including price movements, volatility, and other relevant factors. It can be programmed to adapt its trading strategy, such as adjusting grid levels or spacing, based on real-time market data. Traders can also optimize the EA's parameters using historical data to enhance its performance.

It's important to note that the effectiveness of any EA, including a buy and sell grid system of levels breakout, depends on various factors, such as market conditions, the quality of price levels identified, risk management parameters, and the trader's overall trading strategy. Traders should thoroughly test and validate any EA before using it with real funds in live trading.


추천 제품
Title: RapidNews Trader – High Frequency Trading Price will change soon ! RapidNews Trader's unique strategy revolves around swift analysis of market sentiment shifts during major economic announcements. By leveraging sophisticated algorithms and real-time data feeds, this Expert Advisor identifies potential market opportunities milliseconds after news breaks. The result? A remarkable ability to enter and exit trades with precision, maximizing profit potential. Key Features: High-Frequency Tradi
Cyrus EA
Saeid Soleimani
When running the backtest, it is important to consider the time difference between your local time and GMT. The backtest relies on the GMT time zone to determine trade openings and closings. Failing to account for the time difference may lead to inaccurate backtest results. If you're unable to locate your GMT Offset time zone, please inform us, and we'll gladly assist you. Overview Cyrus EA is an automated forex robot that utilizes a trend-following strategy for analyzing market movements a
EA Arbitrage Mixed MT4
Ruslan Pishun
2.67 (3)
Attention!!!   Do not try to test the EA in the Tester - it is simply impossible, because the EA opens positions on different 28 instruments. The tester is able to test only one pair. The EA uses 4 strategies, each strategy uses joint work on several currencies at the same time. The EA  uses 4 stages of control and order tracking for a step-by-step profit capture. Trading is carried out in a pair for several currencies at the same time, trading is also carried out in a group of several str
Heikinashi Zone Trader
Lorraine Pierce
4 (1)
!!!!FIFO COMPLIANT!!!! ONLY 5 COPIES LEFT AT $49 and Price goes up to $99 This is an automated or semi automated expert advisor.  This EA is based on trend...and there's nothing better than the heikin-ashi zone trade candles to show you price action trend. Download the Heikin Ashi Zone candles for   free here. It's recommended to use this EA as a semi automated trader. Example of semi automation: You look at higher time frames of the EURUSD and see it's in a down trend. So you open an M15 chart
Maverick EA
Serhii Vodovozov
Maverick — is an automated multicurrency trading  system. The strategy is based on enter signals given by a modified indicator Zig Zag; the EA opens two pending orders - sell stop и buy stop - on peaks of the indicator, at break (false break) the order activates and runs profit trail. Simply the EA is cutting all that higher/lower to Zig Zag peaks. Trading strategy  —trend scalping with the use of grid and trailing stop.  The number of trades per month  — depending of TF- from 20 to 100. Recomme
Choose all the pairs that have positive swap in your broker Then, the EA will buy/sell before the triple swap takes place, and it will close the position after the triple swap is paid to you. It is recommended to test the EA at least 1 month in demo account so you can see the results. If you have any doubt or suggestion, don't hesitate to contact me! HOW TO USE Inputs swapDay = The day that the 3x swap is paid in your broker lots = The lot size that you want to use SL = stop loss in points (not
Robot nest
Yriy Doronin
Robot nest is a robot advisor working on price levels calculated using a quantum system. The advisor is made with static flexible settings, which allows you to most accurately determine the price levels. There is an opportunity to work with a change in the period of the estimated time. The Expert Advisor applies security varnishing orders and fixes the profit only with a positive balance. Suitable for any style of trading, scalping, medium and long-term trading. It is possible to use martingale
In order to understand the work of a bot Steadily forward , first of all, you need to understand what parameters it has. Therefore, I believe that a detailed description of the parameters will be the best description of the bot. Since it will give the user an understanding of what he is dealing with and will allow him to decide, this bot is suitable for his trading style and will allow his broker to work with the help of this bot. Be sure to set Fake Robot On = false Basic parameters, a number
Range Volume Profile
Oleksandr Martsynyshen
Range Volume Profile The indicator Range Volume Profile shows the distribution of transactions on the price scale in a given time range. This tool simplifies the analysis of the market situation and helps to find the price levels where a large player is sitting.   Features: shows the distribution of tick volumes relative to the price. shows the distribution of real volumes relative to the price. If your broker provides them. you can select the part of the chart that you want to explore. for cert
1. 100% automated trading system 2. Follow the trend   3. It can be add more positions to the trend(Pyramiding) Parameters: EA1: Strategic Settings Trade Direction: Buy_Only                          Sell_Only                          Buy_Sell Pyramid Hedge(Long+Short): true/false(add positions to both direction) Hidden SL/TP Line: It can be hidden SL/TP line EA2: Risk Management Settings Risk Ratio: Calculate lot size by % of Balance Close All(Buy or Sell) by Profit: true/false TP: Calculat
Compas
Sergey Lisnyak
4.5 (12)
Compas -   is a fully automatic intraday trading robot, that trades mainly in the Pacific session. The EA Compas is safe and trades one order with a fixed Stop Loss. EA Compas is suitable for investment accounts that require reduced risks. The performance of EA Compas should be evaluated over long distances. The default settings are for GBPCAD M1 Setting For the operation to be correct, follow the instructions: To download the news list, it is necessary to add http://ec.forexprostools.com to
https://youtu.be/I46sDVz9tSo to use it correctly you need to change lots to 0.01 Recommend pair EURUSD Time Frame H1 ,best leverage for this EA is 1:1000 and above (FBS broker serve this leverage) This EA Cut Switch Martin open position  based on OsMA indicators, if the transaction hit stop loss then  EA will switch to a new transaction with double lots so that once profit can cover losses many times before it becomes profit Has passed 5 years bactest whit good result ,first backtest capital
Element 7
Vladimir Deryagin
The Expert Advisor works based on the analysis of candles (bars). The Expert Advisor settings are intuitive. You can use this Expert Advisor on any currency pair, having previously selected the settings using testing. Expert Advisor settings, description: Magic is a unique number of open trades. Volume - the trading volume of the initial transaction. A sign for increasing the lot with the selected coefficient-the choice of the action sign between the lot and the coefficient by which
The Chart Navigator is a powerful and user-friendly indicator designed to enhance your chart navigation experience in the MetaTrader platform. With its advanced features and intuitive interface, it enables traders to effortlessly explore multiple timeframes, switch between symbols, and efficiently analyze price movements. Key Features: Timeframe Navigation: Seamlessly switch between different timeframes with just a single click. The Chart Navigator provides a graphical object that allows you to
FREE
This EA will set your TPs and SLs for you fully automatic. With this EA you will have the option to choose to use a TP/SL in Pips, Points or in Money . If you choose a TP that is below the current open price, the EA will close your order because it's already past the TP you set. Same goes for SL in reverse order. This is very simple and straightforward to use and you can also choose to apply TP/SL to only the pair where the EA is attached to or a specific magic number . Suggestions and requests
무익한 주문 바구니, 뉴스 필터, 다른 거래 수단의 미결 포지션 필터 및 거래 신호를 텔레그램 채널로 보내는 기능을 "해결"하는 시스템을 갖춘 그리드 고문. Expert Advisor는 귀하의 손이나 다른 Expert Advisors로 개설한 거래를 손익분기점으로 끌어올리는 유틸리티로 계정에서 수익성이 없는 위치를 복원하는 데 사용할 수 있습니다. 선형 회귀 채널 내에서 작동하며 여러 조건에 대해 입력합니다. 신호는 선형 회귀 채널의 방향, 채널 너비, 지수 이동 평균의 교차점, 평균 일일 변동성, 주문 평균을 사용합니다. 주요 기능: 전략에 포함된 신호에 대한 거래 버튼으로 거래 뉴스 필터 다른 거래 상품의 오픈 포지션으로 필터링 계정에서 수익성이 없는 포지션 정산 위치 평균화 포지션의 후행 정지 이익 손익분기점으로 전환 전보에 무역 신호 보내기 전보로 뉴스 보내기 그리드 단계가 구성되어 가격이 우리에게 불리한 경우 특정 주문 수 후에 계정 복구 기능(인출
이 어드바이저는 한 번의 클릭으로 여러 쌍을 거래할 수 있는 대시보드입니다. 딸깍 하는 소리       열려 있는       선택한 쌍에 대한 주문을 여는 버튼입니다. 딸깍 하는 소리       닫다       선택한 쌍의 주문을 마감하는 버튼입니다. 주문 로트는 사용자가 입력한 번호입니다. 양수는 매수 주문에 해당하고, 음수는 매도 주문에 해당합니다. 일부 주문이 아닌 전체 주문을 종료하려면   닫기 버튼을   클릭하세요. 최종 조치는 티켓 번호에 따라 달라지지 않습니다. 매직 입력을 0으로 설정하면 어드바이저가 수동 주문 마감을 동시에 도와줍니다. 다른 Advisor의 매직으로 Entry Magic을 구성함으로써 Advisor는 다른 Advisor가 개설한 주문을 동시에 마감할 수 있습니다. 삼각형 울타리       단 한 번의 클릭으로. 반: Magic – 조언자의 매직 넘버입니다. MaxLots: 최대 티켓 수입니다. 로트 수가 이 MaxLots를 초과하는 경우 주문 로트는
One Direction Pro is a combination of hedging, Grid averaging, pyramiding, lot martingale - anti martingale strategies, which aims to enter and exit the market as quickly as possible so as not to be trapped by unexpected market changes. Bot Explanation  | MT5 version  | Setfile:    pls  leave a message on the comment tab, I will send you the latest setfile Expert parameters: 1. Manage Open Positions + Continue New Cycle: If False, then the Expert Will Only Manage The Remaining Open Position
Hello This EA for send Orders Signals when you open or close order and send statics to your channel in Telegram with sum of profit or Loss Pips you can share your orders with your clients in your telegram please watch our video  to see how it is fast. https://www.youtube.com/watch?v=u_7twtYZhyI you must have Telegram channel then make bot and give it Permission and get token (watch this video to know how do it) https://www.youtube.com/watch?v=x1bKWFOjSBE and you must download this files h
This indicator shows the high volume zone. From the last minutes that you set yourself, the image of the volume zone is generated on an ongoing basis. The indicator also shows the V-Poc, Average Volumen and V-WAP lines. if you are using high intervals you must enter a large number of minutes. the zone builds itself up as the chart moves. if you want to build a zone from:  last day - 1440 minutes,    last week - 10080 minutes, ... etc. If you need an indicator that shows the constant volume zone
PowerPlay BullBear
Thomas William Kelly
Attention Trader: Maximise This 5 Star Trading System +R3 System Is Now In Play Why Is The +R3 PowerPlay BullBear System Different? +R3 trading systems are different because of how they work. In short +R3 systems follow three rules which give consistent performance. By following the +R3 system when trading manually you can have some success by just using one of the laws, but when you combine them you have a trading system which blows everything else out of the water. What Are the 3 Laws To Foll
Fix M15 mod
Alexey Minych
Fix M15 mod is a fully automated short-term trading robot. The Expert Advisor does not use hedging, martingale, grid, arbitrage etc. Fix M15 mod opens a trade during the Asian session in a narrow channel defined by several last M15 bars. The EA opens only one trade in one direction that can be closed by a certain TP, SL or after a certain time (if the function is enabled in the settings). Basic EA settings are configured for trading USDCHF М15. The EA also shows positive dynamics on EURCHF, USDC
Introducing the TPS Pair Hedging EA – Your Ultimate Solution for Precise Pair Trading Strategies! Are you seeking to navigate the intricate world of forex pair trading with finesse and efficiency? Look no further than the TPS Pair Hedging EA, your advanced trading companion designed to excel in dynamic market conditions. The TPS Pair Hedging EA empowers traders with a cutting-edge algorithm that seamlessly identifies and capitalizes on correlated movements within currency pairs. Through intellig
LayerStop
Norhisham Mohd Rudin
LayerStop EA only performs an action open pending order BUYSTOP or SELLSTOP, thus only monitor the trailing stoploss. No specific conditions are used to open pending order. Pending order BUYSTOP or SELLSTOP will generated immediately after an Expert Advisor is attach in the chart. Suitable for News High Impact. If you already attach LayerStop EA in the chart, and want LayerStop EA performs new one an action open pending order BUYSTOP or SELLSTOP, you need to remove LayerStop EA from
Gumper Options USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 5 great strategies The EA can be run on even a
Only EA developed over 1 year ago, which remains consistent in the market and in the #10 Top of the MQL Store   >>> You can use this EA with a balance starting at $30 in a cent account. Doubts about which broker and how much balance you need to trade, send me a message <<< Summary: Samurai Scaper Pro Series EUR/USD is an EA developed to run the EUR/USD on 5 MINUTE   timeframe. This EA uses statistical analysis applied to the EUR/USD over 20 years to determine the best points o
Homeclickfinance
Andrew Damion Davis Mcleod
HOMECLICKFINANCE.PRO PRODUCTS: ONLY BUY/ORDER THIS PRODUCT ON MARKET.COM for your OWN SAFETY. WARNING IF YOU NEED THE ORINGINAL PRODUCT TO BACKTEST ON A DOMO ACCOUNT, PLEASE INBOX ME FOR A DOMO ACCOUNT. HomeClickfinance.Pro (Holly Grail) Recommend PRICE €120000 HomeClickfinance.Pro (Elite Capital Manangement) - This is the best of all, it is 100% accurate. Recommend   PRICE €60000 HomeClickfinance.Pro (15 Minute) Available in MARKET for dow
GridMartin Conqueror
Konstantin Kulikov
4.69 (13)
An automated trading system with smart entry/exit algorithms that uses grid and martingale techniques to maximize profits. The expert has monitoring with a long history for many months, since this system, like all my other experts, is focused on long-term growth: https://www.mql5.com/en/signals/author/test-standart The best sets for currency pairs: GBPUSD, GBPCAD, EURJPY (timeframe М1). Download settings (sets):   https://www.mql5.com/en/blogs/post/747929 Description of EA parameters in comment
OwlGrid01
Angel Perez Sanchez
이 전문가 어드바이저는 단순함을 효과적으로 만듭니다. 조정 가능한 롯수 합계 시스템을 통해 프로필 및 자본에 따라 위험 수준을 사용자 정의할 수 있습니다. 투자를 정확하게 관리하십시오. 통제 가능하고 안정적인 수익을 얻기 위해 다양한 보수적인 작업 세트를 결합하는 데 이상적입니다. 이미지 섹션에서 몇 가지 백테스트와 실시간으로 다양한 도구에서 8 개의 세트의 행동을 볼 수 있습니다 (한 이미지에는 집계가 표시되고 다음 이미지에는 각 세트의 곡선이 별도로 표시됩니다). 항상 적절한 연구가 필요함을 기억하십시오. 버튼을 누르는 것만큼 쉽지 않습니다. 추가 정보가 필요하십니까? 언제든지 연락 주십시오. ____________________________________________________________________________________
Secure Gain EA
Kommoju Sahityananda Devi
1 (1)
As most of the indicators available in the market are lagging indicators that provide information after some time. This strategy eliminates the need to rely on indicators, candlestick patterns, chart patterns, or any price action. The EA employs a progressive system that I have been using for the past six months and have backtested for over three years. Previously, this EA was named 'NoLoss EA,' which I posted in the Code Base, resulting in over 1130 downloads. Preferred pair: GBPUSD You can set
FREE
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The Gold Reaper MT4
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4.85 (26)
소품 회사 준비 완료!   (   세트파일 다운로드   ) 출시 프로모션: 현재 가격으로 몇 장 남지 않았습니다! 최종 가격: 990$ 1EA를 무료로 받으세요(2개의 거래 계정에 대해) -> 구매 후 저에게 연락하세요 Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here Live Signal 골드 리퍼에 오신 것을 환영합니다! 매우 성공적인 Goldtrade Pro를 기반으로 구축된 이 EA는 동시에 여러 기간에 걸쳐 실행되도록 설계되었으며 거래 빈도를 매우 보수적인 것부터 극단적인 변동까지 설정할 수 있는 옵션이 있습니다. EA는 여러 확인 알고리즘을 사용하여 최적의 진입 가격을 찾고 내부적으로 여러 전략을 실행하여 거래 위험을 분산시킵니다. 모든 거래에는 손절매와 이익 실현이 있지만, 위험을 최소화하고 각 거래의 잠재력을 극대화하기 위해 후행 손절매와 후행 이익 이익도 사용합니다. 이 시스템은 매우
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Profalgo Limited
4.57 (21)
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One Gold MT4
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5 (8)
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HFT Prop Firm EA
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4.98 (623)
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Aura Black Edition
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4.76 (17)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
Bitcoin Robot MT4
Marzena Maria Szmit
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Aura White Edition
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4.4 (5)
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Quantum Trade EA
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Chen Jia Qi
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Deep learning is reshaping gold trading, with intelligent assistants tending to trading gardens like skilled gardeners. The "Gold Garden" EA employs deep learning intelligent technology and 20 years of data training to significantly enhance strategy performance. With it, trading becomes more effortless and intelligent. Let's join hands to usher in the intelligent era and transform trading into a blissful garden. This will be your exclusive Gold Garden Steward. The MT5 version: Gold Garden MT5
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Gregory Hay
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Ho Tuan Thang
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ONLY 3 COPIES OUT OF 10 LEFT AT $99! After that, the price will be raised to $199. HFT  Propfirm Challenge Performance Monitor(Starting from $200) Account Number:  66668979 Server: ICmarketsSC-Demo06 Password: quantumhft1 You will get BONUS  worth $399 after you pass the HFT Prop Firm challenge round Quantum HFT Prop Firm is the EA is designed to pass the competition of HFT Prop Firms.  Please be aware that this Expert Advisor (EA) should not be used with a real account. Its sole pur
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Chen Jia Qi
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Fanur Galamov
5 (9)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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Raman Tsimashenka
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Naomixi Gold Advisor is a fully automatic trading system. !!! No martingale, no scalping, no grid Please note that we do not update the advisor 3-5 times a month.  The advisor does not need updating or optimization The system uses the basic laws of the Forex market in trading - price return after a sharp movement in any direction. This is one of the most stable advisors among existing analogues. You will be surprised! He does not use risky strategies. The price of the advisor is much lower
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool to
Daytrade Pro Algo
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5 (6)
프로모션 시작: 현재 가격으로 제공되는 제한된 수의 사본 최종 가격: 990$ 신규: 1개를 무료로 받으세요!   (거래 계좌 2개용) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files DayTrade Pro Algo에 오신 것을 환영합니다!   수년 동안 시장을 연구하고 다양한 전략을 프로그래밍한 후 좋은 거래 시스템에 필요한 모든 것을 갖춘 알고리즘을 찾았습니다. 브로커 독립적입니다. 독립적으로 확산됩니다. MT4, MT5, TDS2 및 여러 브로커에서 쉽게 실제 변수 확산 테스트를 사용하여 매우 안정적인 백 테스트를 보여줍니다. 수백 가지의 다양한 설정이 모두 테스트에서 수익성 있는 결과를 제공합니다(물론 저는 최고의 설정을 선택했습니다!). 매우 강력한 시스템 -> 설정은 상호
Position Trader EA
LEE SAMSON
4.67 (6)
모든 거래 전략을 포지션 거래 전략으로 바꾸거나, 자신에게 불리하게 움직이는 포지션에 대한 자동 하락 제어 시스템을 포함하여 검증된 RSI 및 ADR 기반 포지션 거래 전략을 거래하세요. 이 EA는 수년 동안 Market Structure Trader 웹사이트에서 강의된 포지션 거래 전략에 사용되어 온 MRA EA를 발전시키고 단순화한 것입니다. 웹사이트, 무료 포지션 트레이딩 코스 및 기타 제품에 대한 링크는 내 프로필을 참조하세요. EA는 "탄성 밴드 이론"을 사용하여 시장 구조 움직임으로 자동으로 확장되며 RSI 지표 또는 거래하려는 외환 상품의 ADR(평균 일일 범위) 확장을 사용하여 은행 및 기관이 취한 되돌리기 움직임을 의미합니다. 포지션 트레이딩은 작은 위험과 다중 진입을 통해 시장에 진입하는 방법입니다. 즉, 초기 거래 진입의 정확성이 진입 후 EA에서 거래를 관리하는 방식보다 덜 중요하다는 의미입니다. 시장은 예측할 수 없으며 장기적으로 지속 가능한 모든 종류의
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