FIBO Strategy EA

FIBO Strategy EA is a very simple and flexible expert advisor, using a known indicator that allows you to see and exploit retracements. Any optimization should be done using average values and not doing it too often, it can be used at all times, but is more productive with the M30 and H1 times.                                                                                                                                                                                                                                                                                                                                                                                       This Expert Advisor works with two signals:                                                                                                                                                                                                                                                                                                                    

  • BUY Signal: When the price crosses over the virtual line.

  • SELL Signal: When the price crosses under the virtual line.

The virtual line is a line inserted into the indicator at the preferred level, when the price touches this level the EA sends a BuyStop order (if Fibo is low) or SellStop order (if Fibo is hight), each order has TakeProfit and StopLoss. The wallet is protected with BasketProfit and BasketLoss. You can open the initial trade manually using the panel. This EA uses a loss recovery zone: Let's say you just entered the market with a "Buy" position with 0.01 lots and your StopLoss = 30 points and TakeProfit = 90 points. The EA places a "Sell Stop" order with 0.02 lots pending to cover the Stop Loss, the market will certainly move - up or down - it may take some time, but it will move up to TakeProfit

Requirements for the trading conditions:

  • Leverage: 1:100 or higher;
  • Minimum deposit: $1000;
  • Lots size:  Balance/100*0.01;
  • Currency pairs: AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF;
  • Timeframe: Any time but recommended М30  H1;                                                                         
  • Trading type: NO Reserving margin for pending order;

                                                                                                                                                                                                                                                                                                          

Main Settings:

  • Work timeframes - indicator works into time;                                                                                                                                                                                                                                                                                             
  • Direction of trade - three directions: long and short / only long /only short;
  • Trade mode - two ways to trade: automatically or manually with the panel;                                                                                                                                                                                                                                                       
  • Recovery line - see or not see recovery zone;
  • Pending order distance - distance of pending order in pips;                                                                                                                                                                                                                                                                              
  • Take Profit - distance take profit in pips;
  • Stop Loss – distance stop loss in pips;                                                                                                                                                                                                                                                                                                              
  • Break Even Start At - level (in pips) that activates the Break Even;
  • Break Even Level At - activation of Break Even (in pips). It is activated when the value of Break Even Start At reached;                                                                                                                                        
  • FIBO optional levels of work:

    • 236 - level fibo sell - true/false the work level

    • 382 - level fibo sell - true/false the work level

    • 500 - level fibo sell - true/false the work level

    • 618 - level fibo sell - true/false the work level

    • 236 - level fibo buy - true/false the work level

    • 382 - level fibo buy - true/false the work level

    • 500 - level fibo buy - true/false the work level

    • 618 - level fibo buy - true/false the work level

  • Volume of first order - initial order volume;
  • Pending orders volume list – pending orders volume list;
  • Limit Lot Increase - maximum volume lots;
  • Basket Profit - the minimum profit of the entire basket;
  • Basket Loss - the maximum loss of the entire basket;
  • Start time server - start trading by time;
  • Stop time server - stop trading by time;
  • Monday –  enable/disable trading;
  • Tuesday – enable/disable trading;
  • Wednesday – enable/disable trading;
  • Thursday – enable/disable trading;
  • Friday – enable/disable trading; 
  • Parameters indicator:
    • Working price - price at close bar or tik by tik;
    • Depth Bars - bars for signal calculation;  
    • Depth Shift - moving in depth;
    • Deviation - maximum deviation.

    • Virtual Line - value of the virtual line;  

    • Draw - see or not see fibo indicator;

  • Magic number - EA's order magic number;
  • Slippage -  maximum slippage value;




























































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4.6 (20)
Experts
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Mon Scalper MT4
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Mon Scalper - Dual-Trendline Breakout Scalping Expert Mon Scalper is a specialized Expert Advisor designed exclusively for gold (XAUUSD) trading. It utilizes a unique dual-trendline strategy to identify strong trends and breakout points, executing trades automatically based on market conditions. Join My MQL5 Channel for the Latest Updates! Real-Time Signal :  https://www.mql5.com/en/signals/2281529 Pricing : Launch Price : $199 Incremental Price Increase : The price will increase by $100 after
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Felipe Jose Costa Pereira
5 (4)
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Javier Gold Scalper: Nossa Tecnologia ao seu lado! Manual e arquivos de configuração: entre em contato comigo após a compra para receber o manual e os arquivos de configuração Preço: O preço aumenta de acordo com o número de licenças vendidas Cópias disponíveis: 5 Negociar ouro, um dos ativos mais voláteis do mercado financeiro, exige alta precisão, análise criteriosa e um gerenciamento de risco extremamente eficaz. O Javier Gold Scalper  foi desenvolvido exatamente para integrar esses pilares
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WINTER SALE — LIMITED TIME! Get WallStreet Recovery PRO with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $177 (Regular Price: $447 — You Save $270!) FREE BONUS: News Scope EA PRO  A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! WallStreet Reco
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KT Gold Nexus EA MT4
KEENBASE SOFTWARE SOLUTIONS
5 (2)
Experts
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Ebrahim Mohamed Ahmed Maiyas
5 (1)
Experts
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing   FOREX   . It adapts to price movements and market fluctuations to detect potential trading opportunities. Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex patterns in  FOREX  price data. The system continuously processes historical and live   FOREX  price feeds to identify potential entry and exit points
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Experts
HFT PROP EA is the High Frequency Trading Expert Advisor (EA/bot) designed to pass proprietary trading firms (prop firms) challenges which use stop orders to enter the trades when market is trending, It is basically designed for US30 just at opening of US30 in New York Session till it remain in its trending nature for 15-30 minutes, and using HFT PROP EA you can pass the challenge within few minutes for prop firms who doesn't have any lot size cap. To see its Live working you may check by signin
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5 (1)
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The Best Oil Trading Robot in the World.   Crude Oil Robot   is the undisputed, top-tier trading robot designed for the   XTIUSD or any crude instrument   offered by your broker. This is not a generic algorithm, but it's a   highly specialized system   built exclusively for the crude oil market,   utilizing unique technologies   not available in any other trading bot. Crude Oil Robot is equipped with   exclusive features tailored specifically for the OIL market , such as: Volatility Anomaly Fil
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