Market / MetaTrader 4 / Utilities /

Fibo Heart Expert Advisor

50 USD

Demo downloaded: 215

Published: 23 May 2019

Current version: 1.5

Fibo Heart Expert Advisor

Utilities
Mohd Khairol Amin Ramli
Version: 1.5
Updated: 9 October 2021
Activations: 10

Want automatically to put the pending order, take profit and stop loss? This EA will do it on your behalf! The Fibo Heart EA strategy will place limit order after the ‘check point’ breakout. The position will be triggered when the price make a successful retest. If not, the pending order will automatically deleted after price hit certain level. You also have option to enable market order (instant execution) and custom take profit in the inputs setting.

This EA must be attached with Fibo Heart Indicator to work (you can get it here https://www.mql5.com/en/market/product/38621)

How to Use It?

Please attach Fibo Heart Indi (auto fibo indicator) on your chart. This EA will automatically place your order, set stop loss and take profit at the fibo level. This EA will not open orders if no Fibo Heart Indicator on your chart. It more suitable for live trading!

Input Parameters

You free to modify the inputs according to your trading.

LotSize : Your order volume, default = 0.01.

Order Mode (Updated : 19/6/2019)

FollowTrend : This is for order mode either Normal (Buy & Sell), Buy only or Sell only. You can use this options to follow the trend for your order.

Instant Execution

EnableMarketOrder : Option if you want EA enabled instant execution at the market price, default = false.
MarketOrderTP : This is take profit for market order if you enable it, default = Custom.

Custom Take Profit

CustomTP : You can set how many pips for take profit. Can use for all orders (pending or instant), default = 5.

Pending Order

Entry1 : This is pending order at fibo level (EP 1), default = true.
Entry2 : This is pending order at fibo level (EP 2), default = true.
Entry3 : This is pending order at fibo level (EP 3), default = true.

Layer For Pending Order

Layer1 : Set 1 layer for every pending order, default = true.
Layer2 : Additonal layers. Set 2 layers for every pending order, default = false.
Layer3 : Additonal layers. Set 3 layers for every pending order, default = false.
Layer4 : Additonal layers. Set 4 layers for every pending order, default = false.
Layer5 : Additonal layers. Set 5 layers for every pending order, default = false.

Take Profit For Pending Order

Layer1TP : This is take profit for layer 1, default = TP1.
Layer2TP : This is take profit for layer 2, default = TP1.
Layer3TP : This is take profit for layer 3, default = TP1.
Layer4TP : This is take profit for layer 4, default = TP1.
Layer5TP : This is take profit for layer 5, default = TP1.

Stop Loss

StopLoss : Set your stop loss, default = true.
StopLossPips : You can set how many pips for your stop loss. It count from Monitor Trade level, default = 50.

Auto Delete Pending Order

DeletePOTP1 : Set auto delete the inactivated pending order if price hit TP 1 level, default = false.
DeletePOTP2 : Set auto delete the inactivated pending order if price hit TP 2 level, default = false.
DeletePOTP3 : Set auto delete the inactivated pending order if price hit TP 3 level, default = false.
DeletePONewFibo : Set auto delete the inactivated pending order if the indicator draw new fibo, default = true.

Don't miss the trading setup! Use Fibo Heart EA to get fast placing your pending orders. Your good feedback are most welcome for future improvement. Thanks in advance!

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Version 1.5 2021.10.09

- Add Break Even
- Add Trailing Stop

Version 1.2 2019.06.20

1. Fix text on chart

Version 1.1 2019.06.19

1- Add Follow Trend option. This is for order mode either Normal (Buy & Sell), Buy only or Sell only.