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TrueFibo

Trading System

The adviser pulls a big grid of Fibonacci levels (red levels) from the minimum and maximum of candles on D1 - the number of candles is indicated in the parameters (FiboBar) of the adviser.

Real-time results can be viewed here.

Telegram group here

Actual SET files here

Further between each level is a small network of Fibonacci levels (blue levels)

We get a double network of Fibonacci levels, one nested to another.

  • The condition for entry into the market: when the price crosses the level, the adviser opens an order for release from the level.
  • The Expert Advisor uses the Take Profit and Stop Loss levels hidden from the broker.
  • Take Profit is specified in pips and / or as a percentage of the deposit.
  • Stop loss common to a series of orders.
  • Working timeframe M15

Money Management

Minimal Deposit for 1 Pair = 5000 USD

The Expert Advisor uses averaging through locking.

That is, if we open a buy order, but the price went down and crossed the next level, the adviser will open the next sell order with an increased lot.

Thus, the adviser always tries to follow the price according to the trend.

Description of settings

FirstLot - the size of the first lot in the series.

Risk - if FirstLot = 0, then the automatic calculation of the first lot is applied - this is the percentage of the free margin.

The formula for calculating: FirstLot = Free margin / 100 000 * Risk;

For example: FirstLot = 10,000 / 100,000 * 0.1 = 0.01 lot

TakeProfit - we specify take profit in pips for 5 digits accounts.

TakeByPercent - if you specify more than 0, then the adviser will automatically close a series of orders when the specified percentage of increase to the deposit is reached.

Factor - is a multiplier for calculating the next lot in the series.

MaxOrders - the maximum number of orders in a series.

Steppips - the minimum distance between orders.

FiboBar - the number of candles for building a large Fibonacci grid on D1

Stoploss - total stop loss for a series of orders is indicated as a percentage of the deposit. (if you specify 10, then with a drawdown of 10%, the adviser will close all orders)

Magic - the unique number of the adviser on the chart. If you trade more than one pair in MetaTrader you must specify a unique Magic for each chart. This number allows the adviser in the calculations not to mix orders from different charts / symbols.

Control buttons

Close All - close all orders of the adviser on the current chart.

SELL - open a sell order with the current Magic number, the adviser will take care this order in its series and recalculate Take Profit.

BUY - open a buy order with the current Magic number, the adviser will take care this order in its series and recalculate Take Profit.

Fields for entering the lot size with which the order will be opened when you press the SELL or BUY buttons.

Information Panel

Lot Size - the size of the next order in the series.

Take Profit - the current take profit price for all series of orders, as it is displayed on the chart by a green line.

Leverage - leverage size of the current trading account.

Opened / Max Orders - how many orders are currently open / maximum number of orders allowed in the settings.

Spread - the current spread for the pair on which the adviser is installed.

Magic Number - Magic number with which the adviser is currently running on this chart.

Current DrawDown is the current drawdown. It can be both negative and positive in the case when the series is positive, but has not yet reached the TakeProfit or TakeByPercent values You can click the Close All button and fix the result specified in Current DrawDown.


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⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!! 🏃   🏃   🏃 Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $98 (next price --> $149  --> $199) This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 The User's manual:   here   📢   Telegram:   https://t.me/   INFINITY_PRO_ED   📈  Real account signals:     here 🔥🔥🔥   Promo "Buy one Get one free  
63 USD
Ranger EA
Ryan Brown
The Ranger EA has a very long forward track record of 13 months! The EA also has a long backtest history of 10+ years using 99.90% modeling quality! Join the free discord group for live trading results and backtests from users of the Ranger EA.  https://discord.gg/5uERnFD Trades the GBPCAD and AUDCAD on the H1 timeframe ONLY! The Ranger EA has been optimized for these 2 pairs. It's not recommended to trade other pairs. The default settings are best for the AUDCAD! See picture in description
397 USD
Falcon Scalper Pro
Michela Russo
Super   Black Friday   Discount   Only Today, 50% OFF! Falcon Scalper Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades in all session.   Backtest Now! Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Bee Crazy Pro ! (All future updates included) -> To Receive it,
145 USD
Spider Crazy Pro
Michela Russo
Super   Black Friday   Discount   Only Today, 50% OFF! Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, the
145 USD
GerFX Density Scalper
Exler Consulting GmbH
BLACK FRIDAY PROMOTION  IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movemen
1 700 USD
Billion Idea
Dhanaraj
  💎 💎 💎 💎 💎 Welcome To Billion Idea (BI) Expert Advisor (Trading Robot) 💎 💎 💎 💎 💎 HOLIDAYS OFFER PRICE $ 99 (ONLY 5 COPIES LEFT)  Billion Idea (BI)  EA is a Safe Scalper System   for Trading on Forex. Exclusively developed for GBPUSD Pair . BackTest Now !   The EA enters the market with certain unique conditions. The EA is based on Unique Strategies, and NOT Uses MARTINGALE, GRID and other Dangerous Strategies . All Deals are covered with Tight Stop Loss and Optimized Take Profit leve
99 USD
Golden Ticket
Ramil Minniakhmetov
  Golden Ticket   works on the WPR indicator - which allows you to determine the oversold and overbought conditions of an asset and enters at possible reversal points. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Recommendations Recommend pairs EURUSD  Time Frame  M15  Recommend deposit  1000 usd or 1000 cents  Recommend settings   Default settings XAUUSD here Inputs Value New Cycle  —   whe
150 USD
Hamster Scalping
Ramil Minniakhmetov
Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller General Recommendations The minimum deposit is 100 USD,  default settings reccomend for eurusd M1 gmt +2 . I only change trade direction and post about it at telegram group    Use a broker with good execution
99 USD
EA Almanac
Vasiliy Strukov
The adviser is looking for signs of a reversal during low volatility and the possibility of a rollback, averaging is used. Real-time results can be viewed here . Recommended pairs - eurusd usdchf usdcad audusd nzdusd Recommended Time Frame M15 For any questions you can write me a message here Telegram group here  telegram channel here   SETTINGS Start lots  -start lot. Use Money Manadgement  - on / off use of automatic lot calculation. Autolot. Free margin for each 0.01 lot  - the amount of fre
50 USD
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