Fibo Sequence

Fibo Sequence EA


The EA Strategy:

This EA strategy is based on Fibonacci Sequence number Calculations to produce it's own signals and trade automatically. It was built for those traders who loves and trust Fibonacci Levels. In finance, Fibonacci level is a method of technical analysis for determining support and resistance levels. They are named after their use of the Fibonacci sequence. 

Fibonacci is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction. It uses the standard sequence levels: 34 or 55 or 89.


Parameters

MMType: 1;

SequenceNumber: 340;

MaxTrades: 17;

PipStep: 100.0;

LotExponent: 1.0;

TotalEquityRisk: 1.0;

Slippage: 3.0;

LotsDigits: 2.0;

AutoLot: true;

Lots: 0.01;

Risk: 1;

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5 (3)
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Dmitriq Evgenoeviz Ko
Gold Medalist is an intelligent system focused on volatile trading on the XAUUSD market. It aims to identify and effectively exploit short-term price impulses, providing traders with new profit opportunities. Special offer for the first 10 buyers! Next price: $1,495 The full list is available for your convenience at https://www.mql5.com/ru/users/pants-dmi/seller The Gold Medalist's key advantage lies in its unique price action analysis system. By accurately measuring price movement, it can id
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