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Fibonacci Wizard

The Fibonacci Wizard looks for divergences indicating potential reversals.  When a divergence is detected, the EA will open 1 trade with a profit target based on user selected Fibonacci Retracement level.  If another divergence is detected prior to reaching the profit target, the EA will open another trade of the same size and recalculate the profit target.  This will be attempted until a profit target is reached or the EA reaches the user defined maximum number of open trades.    The user must also specify a default profit target in dollars or pips.  The default profit target must be met in addition to the Fibonacci based level, this prevents the EA from calculating targets with negative profit in turbulent market conditions.  It is recommended to keep the default profit target low if using a Fibonacci based target.  However, if desired the user may turn the Fibonacci based target off and let the EA trade solely on the default profit target.

Inputs

Magic Number - unique number that the EA uses to identify its trades

Max Trades - the maximum number of trades the EA is allowed to take on any given currency pair

Trade Lots - the size of each trade

Stop Loss in Dollars - Stop loss is based on the sum of all profits for the given currency pair.  So for example, if Stop Loss is entered as "50" and there are 5 trades open on EURUSD and the profit on all 5 adds up to a total $50 loss, then all 5 trades will be closed.  Stop Loss should be entered as a positive value.

Fibonacci Based Target - if true, the EA will calculate a profit target based on the desired Fibonacci Retracement level, this is the intended mode of operation for this EA.  For a trade to close, the price must exceed the value of the specified Fib Level AND be greater than the default profit target in dollars.  If Fibonacci Based Target is set to false, the EA will only look for the default profit target and will not draw Fibonacci levels on the chart.

Fibonacci Level- is the desired target for closing the trade.  It should be entered in decimal form (e.g. 0.5 for 50%).  It is not limited to key Fib levels, any number may be entered.  If "Fibonacci Based Target" is false, this value will be ignored.

Use Pips for Profit Target - if set to true, the default profit target in pips will be used instead of dollars

Default Trade Profit in Dollars - used if Use Pips for Profit Target is set to false

Default Trade Profit in Pips - used if Use Pips for Profit Target is set to true

Speed- this input is only relevant when using the backtester in visual mode.  It allows the user to specify the speed at which the chart will go, the lower the number, the faster the chart goes. 1 is fastest, 100000 is slowest.

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Lo Thi Mai Loan
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Launch promo! Only a few copies left at 399$! Next price: 499$ Final price: 999$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:   https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news O US30 Scalper EA é um robô de scalping de últi
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Mansour Babasafary
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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
TopBottomEA
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TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
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ADELYN CASTILLO
4.92 (24)
Ganho de 240% no 22º mês. Você pode verificar a conta Bandwagon Live com desempenho de 2 anos Banwagon 2 anos ou Bandwagon V2. *OBSERVAÇÃO: Agora com 50% de desconto! Adquira sua cópia agora! Espere um aumento de preço a cada mês *AVISO: DIGA NÃO À PIRATARIA. Tenha cuidado com os usuários que estão solicitando uma cópia do Bandwagon EA. O Bandwagon pode detectar pirataria e se sua conta for detectada fazendo tais coisas, não posso prometer que o EA ainda funcionará como deveria. Recursos
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