Avatar Fibo MT5
- Experts
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Sindhu Bairavim
Sou um Arquiteto Técnico com mais de 14 anos de experiência na criação de soluções de software confiáveis e de alta qualidade. Trago a mesma precisão, estrutura e mentalidade de resolução de problemas para o desenvolvimento de indicadores e Expert Advisors em MQL5. Meu foco está na criação de - Versão: 1.0
- Ativações: 5
Avatar Fibo MT5 EA
Avatar Fibo MT5 is an Expert Advisor built specifically for trading Gold (XAUUSD) on the M15 timeframe. The EA combines three independent Fibonacci retracement based strategies into a single automated system.
Many traders who use Fibonacci retracement are not sure which zone, confirmation method, or timeframe actually works for them, and end up testing ideas manually one at a time without a clear way to compare results. Avatar Fibo MT5 automates that process, applying its three built in strategies consistently on every candle rather than relying on manual judgment.
Strategy Overview
Avatar Fibo MT5 looks for a Fibonacci retracement pullback within an existing price move, then applies its own logic to judge whether that pullback area is worth trading. The EA contains three such strategies, each built around a different way of validating a setup before a trade is considered.
Trades are only opened in the direction of the existing price move, so the EA focuses on trend continuation rather than counter-trend entries. The internal logic, calculations, and entry rules used by each strategy are part of the EA and are not published in this description.
Key Features
- Three independent Fibonacci based strategies combined in one EA, each can be enabled or disabled individually
- Every trade uses a predefined Stop Loss and Take Profit
- Position sizing can be set as a risk percentage of account balance or as a fixed lot size
- No grid, no martingale, and no hedging
- Designed and tested specifically for XAUUSD on the M15 timeframe
- Forward tested for over 2 years and backtested across more than 6 years of price history
Risk Management
Every trade opened by Avatar Fibo MT5 uses a fixed Stop Loss and a Take Profit level. The Stop Loss is placed beyond the area that produced the trade signal, and the Take Profit targets are projected toward major liquidity pivots.
Position sizing can be configured either as a risk percentage of the account balance or as a fixed lot size, depending on user preference. The EA does not increase lot size after a losing trade, does not use a grid of pending orders, and does not open hedging positions.
Recommendations
- Symbol: XAUUSD (Gold). The EA is designed and tested for this symbol.
- Timeframe: M15.
- Account type: An ECN or low spread account is recommended, since Gold spreads can affect entry and exit precision on a lower timeframe such as M15.
- Recommended deposit: $1000
- Minimum deposit: $500
- VPS: A VPS is recommended so the EA can run continuously without interruption from internet or power outages, since Gold price movement is not limited to any single session.
Parameters
The main inputs allow the user to adjust:
- Risk percentage per trade, or a fixed lot size
- Enable or disable each of the three strategies individually
- Stop Loss and Take Profit settings
- Magic number, for use alongside other EAs on the same account
- Maximum allowed spread filter
- Trading session or time filter
Risk Notice: As with any trading strategy, losses are possible. Users are encouraged to test the EA under their own account conditions before committing significant capital.
