Super Fibo Idea
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Added Trading Panel for OPTIONAL trading.
In the left side of the chart you can see Sell and Buy buttons.
You can initiate a trade yourself if you want.
AFTER THAT ,the EA will manage it.
This is optional.
The EA is trading full auto.
But you can use the panel for some extra trades if you want.
Super Fibo IDEA is an extreme idea that uses two super important tools in forex market along with other indicators for filtering better the entry points.
The two important tools are a custom made fibonacci retracement and a scanning system on previous highs and lows.
The EA creates two areas for buy and sell.Then ,the indicators start filtering the entries.
Several take profit hidden systems try to give the highest profit based on the market conditions.
- USE Low spread brokers.
- The buy and sell areas can be changed by the user as he wishes.
- 1500$ balance or more.It is known that in forex the more the better.
- 5M / 15M timeframe (More stable)
- The default set , trades GOLD(XAUUSD) .
- For FX pairs possible you need to optimize.Here is a simple set file for FOREX pairs . FOREX PAIRS NEED a zero (0) less in inputs concerning pips.-Distance,TP in pips,stop loss.
- Different magic number for different charts.
- Low spread broker for better results.
- Starting lot:The starting lot.
- Second position starting lot:The starting lot of the second position.
- Multiplier martingale:The multiplier after the second position.(If the second position is 0.01,multiplier must be at least 1.5)
- Max Lot:The maximum lot size a position can have.
- Min distance in pips between trades:The minimum distance in pips between trades.
- Stop Loss pips:The stop loss for each position.
- Close All if :This input closes all positions if loss is bigger than the negative value you will enter.It is counted in money.
- Start overlap after X positions:The EA will close one ore more profitable positions with one losable.In some situations,based on indicators' readings, it will not be activated.
- Max Sells:The maximum sell positions.
- Max Buys:The maximum buy positions.
- Money in Profit:The minimum profit for closing a position.
- After this lot the fibo levels will change for FAST TP if needed:This is a hidden feature that will help the EA close positions in extreme conditions.
- Color fibo:The color of fibo.
- Magic Number:The magic number.
- inp100_objLevels:The levels of fibo.They must always be 7 and separated with comma.
- Time Filter:Time based on local Time.