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Fibonacci EA

Fibonacci EA is based on modified Fibonacci strategy. It works on all timeframes. The Forex Expert Advisor uses data from two days ago to open position (for example: if you attach it on H1 chart, the Expert Advisor uses 48 candles to make a decision).

Fibonacci EA does not depend on a timeframe. This EA uses Fibonacci Retracement tools only. This is a great Expert Adviser for big and small capitals. You have smart take profits and smart stop losses (Auto TP & SL). You can see SL and TP levels on your chart.

  • Anti-loss option placed on the EA has two variants: Anti-loss 1 and Anti-loss 2
  • For example, Anti-loss 2 is good for EURUSD. If your position is closed in loss, Anti-loss 2 will start (no hedging).

Fibonacci EA – Input Parameters

————< Strategy 1 >————

  • Use Strategy 1: False/True —> this is a main strategy
  • Auto Take Profit: True —> if set to false, you can change TP or SL manually to optimize the EA
  • Auto Stop Loss: True
  • Take Profit: 30 —> manually for Auto Take Profit: False
  • Stop Loss: 30 —> manually for Auto Stop Loss: False
  • Anti-loss 1: False —> if set to true, a position is opened in parallel with the loss trade (TP and SL levels in Anti-Loss: ½ stoploss of the loss trade = new sl and tp in anti-loss); for example: we have some loss trade with 30 pips (-30 pips). Anti-loss will be started with 15 pips of SL and TP
  • Anti-loss 2: True —> a position is opened vice versa with the loss trade (TP and SL levels in Anti-Loss: ½ stoploss of the loss trade = new SL and TP in Anti-Loss); for example: we have some loss trade with 30 pips (-30 pips). Anti-loss will be started with 15 pips of SL and TP
  • AL Auto Take Profit: True —> if set to false, you can change TP manually for Anti-loss
  • AL Auto Stop Loss: True —> if set to false, you can change SL manually for Anti-loss
  • AL Take Profit: 30 —> manually for Auto Take Profit: False (AL Auto Take Profit: False)
  • AL Stop Loss: 30 —> manually for Auto Stop Los: False (AL Auto Stop Loss: False)

————< Strategy 2 >————

  • Use Strategy 2: False/True —> this is a breaking strategy. This strategy is very helpful for your trades
  • Buy Max Order a Day: 1 —> maximum buy order for every day
  • Sell Max Order a Day: 1 —> maximum sell order for every day
  • Take Profit: 50
  • Stop Loss: 50

————< Strategy 3 >————

  • Use Strategy 3: False/True —> this is a double sided breaking strategy. This strategy is appropriate for fixed trenddays
  • Buy Max Order a Day: 1 —> maximum buy order for every day
  • Sell Max Order a Day: 1 —> maximum sell order for every day
  • Auto Take Profit: False/True —> if set to false, you can change TP or SL manually
  • Auto Stop Loss: False/True —> if set to false, you can change TP or SL manually
  • Take Profit: 30
  • Stop Loss: 30
  • Money Management Setting
  • Fixed Lot —> if (Risk% Lot) set to false, you can change lot manually
  • Min Lot
  • Max Lot
  • Risk% Lot: True/False
  • Risk%: 0.05
  • Trade Time Filter
  • GMT Time: True/False
  • GMT Set:
  • Start Time: 00:00
  • End Time: 23:59
  • Trading in all week: you can control trades on weekdays

fibonacci-ea-free-download

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Fibonacci EA – Advantages

  • No difference between backtests, demo tests and real testing (long-term trade)

Fibonacci EA works on EURUSD, GBPUSD, USDCHF, EURJPY, USDCAD, AUDUSD and GOLD.

Download Free Fibonacci EA