Forex Fibonacci Master Robot

Forex Fibonacci Master Robot smart Expert Adviser (more then 100 EA combinations) uses 6 Different strategies to trade with Fibonacci levels ,”RENKO” box size and more,It can trade with all currency pairs,stocks and all time frames  .

This EA works only with open\close price of every bar!

Trading strategy

The EA works in 12 modes:

If “Switch” = “true” the EA works with “Fibonacci” and local minimum\maximum price levels as breakout levels.

If “Switch” = “false” the EA works with “Fibonacci” and local minimum\maximum price levels as support and resistance levels.

6 new improved strategies:

  • If “Strategy”=“Trailing stop” simple trading with trailing stop loss.
  • If “Strategy”=“Martingale1” -if you lose a trade next trade will be with multiplied lot size,with the option to wait between trades if there are more then maximum predefined loss trades.
  • If “Strategy”=“Virtual_Tp_Sl” virtual  stop loss and take profit at 200pips,actual exit value is ” Stop_Loss” & “Take_Profit” variables .
  • If “Strategy”=“Martingale2” -if the trade goes in the opposite direction from your first trade after a predetermined number of pips, then it opens another trade with multiplied lot size ,with the option to limit number of trades..
  • If “Strategy”=“Zone Recovery” Zone recovery area hedging strategy, 10 trades max with the option to limit number of trades.
  • If “Strategy”=“Scalp” scalper.

You can work with or without trailing stop  & take profit.

The EA works on 3 different time frames simultaneously.

Send Email+sound notification for every trade.

This version has a built-in algorithm that calculates the price rate of change within the smaller and higher timeframe in relation to the timeframe which you work with.

Test results:

Forex Fibonacci Master Robot

  • Parameters:

    • Graphical_Object= EliotWavZigZag,FractalTrend,ZigZagTrend,Fibo_Arc,Fibo_Retracement,Fibo_Channel,StdDeviation,Gann_Fan,APitchfork,PriceAction,All,None.
    • Zone_Recovery_Area=Zone_Recovery_Area(in pips) (values: 50-80).
    • Multiply=Multiplier for lot size, (values: 1-50).
    • Period_MA_0=Period of supporting MA for cur. timefr. (values: 1-50).
    • Period_MA_1=Period of calculated MA (values: 1-50).
    • Bars_V=Amount of bars for calc. rate (values: 1-50).
    • K =Amplifier gain (values: 1-20).
    • Double_Lotsize=set to true if you want to just double every lotsize, Lot_Size_Increment ignored if true (values : false/true)
    • Lot_Size_Increment=Additional orders will increase by this amount
    • Lotsize= lot volume, (values: 0.1-1).
    • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
    • TrailingTP= Enable  trailing take profit (values: true/false).
    • Stop_Loss=value of stop loss level, (values: 10-100).
    • Take_Profit= value of take profit level, (values: 10-200).
    • Mom_Sell=momenum indicator trigger for sell trade (values: 0.01-6).
    • Mom_Buy= momenum indicator trigger for buy trade (values: 0.01-6).
    • FastMA= value of fast Moving Average indicator, (values: 1 – 40).
    • SlowMA= value of slow Moving Average indicator,  (values: 40 – 200).
    • MaxTrade=  maximum trades that can run,(values:  1-20).
    • PipStep= Distance in pips to open a new trade, (values: 10-50).
    • CLOSEMAXORDERS=Close all orders if there are more than maximum predefind orders(values: true/false).
    • UseEquityStop =Use Equity Stop for martingale2(values: true/false).
    • TotalEquityRisk =Total Equity Risk martingale2 (values: 1-100).
    • MagicNumber= Magic number (values: 1-100000).

Free Download

Forex Fibonacci Master Robot for MetaTrader 4

Installation

Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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