All orders
Rules
Job finished
Specification
INPUTS
Moving Average 1
Mode – EMA
Period – 100
Price – Close
Moving Average 2
Mode – EMA
Period – 200
Price – Close
INDICATOR
Show Indicator – True/False
Show Fibonacci – True/False
Entry Lot Size – 0.01
Counter Lot Size – 0.03
Stop Loss – 20PIPS
Alerts
Sound – True/False
Popup – True/False
Notify Via Mobile MT4 – True/False
Email – True/False
Fibonacci Retracement
FIBO LEVEL
-0.5 Counter Order Take Profit
0 Stop Loss / Counter Order
1 Entry / Counter Order Stop Loss
2 Entry Take Profit
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BUY SETUP
- MA100(2)<MA200(2) && MA100(1)>MA200(1)
Will Open a Buy Position. With Entry Lot Size. This Entry point is the Fibo
Level “1”
- Stop Loss will be Fibo Level “0”
- Take Profit will be Fibo Level “2”
It will place a Sell Stop Order at Fibo Level “0” with Counter Lot Size.
- Stop Loss will be Fibo Level “1”
- Take Profit will be Fibo Level “-0/5”
EA will delete the SELL STOP ORDER if the price reach the Fibo Level “2”
first.
SELL SETUP
- MA100(2)>MA200(2) && MA100(1)<MA200(1)
Will Open a Sell Position. With Entry Lot Size. This Entry point is the Fibo
Level “1”
- Stop Loss will be Fibo Level “0”
- Take Profit will be Fibo Level “2”
It will place a Buy Stop Order at Fibo Level “0” with Counter Lot Size.
- Stop Loss will be Fibo Level “1”
- Take Profit will be Fibo Level “-0/5”
EA will delete the BUY STOP ORDER if the price reach the Fibo Level “2”
first.
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FIBONACCI RETRACEMENT
BUY
LEVEL “1” - is the candle Close which is the Entry Level
LEVEL “0” – Candle Close Price minus Stop Loss Pips. (Ex. Stop Loss 20pips. Candle Close Price Level “1” is at 0.80200, Level “0”is at 0.80000)
BUT, if the iLow of that Candle Close is more than 20Pips, Level “0” will be at iLow instead.
SELL
LEVEL “1” - is the candle Close which is the Entry Level
LEVEL “0” – Candle Close Price plus Stop Loss Pips. (Ex. Stop Loss 20pips. Candle Close Price Level “1” is at 0.80200, Level “0”is at 0.80400)
BUT, if the iHigh of that Candle Close is more than 20Pips, Level “0” will be at iHigh instead.