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The Fibonacci Scalper

4.2

The Fibonacci Trader MQL5 expert advisor uses the Fibonacci levels to determine a buy or sell trade with the MACD as confirmation.

The Fibonacci levels work as follows:

Above 61.8
  • SELL if MACD trend is SELL
Trading Range (Ability to select trading input parameters)
  • BUY if MACD trend is BUY
  • SELL if MACD trend is SELL

Below 23.6

  • BUY if MACD trend is BUY

Default settings are configured for EURUSD on M5 Chart.

To work with the news server, you must add the URL ‘http://ec.forexprostools.com/’ in the list of allowed URL tab.

Main menu-> Tools-> Settings tab “Advisors”:

News is not enabled in Strategy Tester.



Check out set files group for latest set files

https://t.me/AlgotradingSetChanges

Join Algotrading_za Telegram group to discuss required updates and share SET files.

https://t.me/algotrading_za



Reviews 20
65638263
735
65638263 2024.06.10 11:25 
 

muchas gracias, probando el producto pero se ve prometedor gracias

Calogero Vella
571
Calogero Vella 2024.03.04 10:53 
 

Very nice! Thanks for the work!

kentarou sumi
153
kentarou sumi 2023.04.19 14:38 
 

I have used it with default setting and M30 chart. Some Doll Pair, I think it work well. thank you, Regards.

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Welcome to Diamond Ultimate!!! The EA provides clear LIVE ACCOUNT SIGNALS. BACKTEST GUIDE LAUNCH PROMO: Only 2 copies left at the current price! Final price: $4993.99 BONUS - BUY LIFE TIME Diamond Ultimate GET FREE 1 EA =>   Ask in private for more details!!! Download Set Files MT4 Version Diamond Ultimate combines algorithms based on various price actions with 13 years of market experience to execute orders and manage capital. All trades have clear stop loss and take profit levels. The
Welcome to Gold Trend Scalping LAUNCH PROMO: Only 1 copies left at the current price!  The price will increase after every 5 sales. Next price: $393.99 Final price: $1993.99 LIVE SIGNAL  Details about params Gold Trend Scalping is the first EA I designed specifically for gold.  The EA uses a following trend trading strategy based on larger time frames.  It employs a super trend to detect the main trend of the larger time frame and then opens trades on smaller time frames.  The EA always use
Diamond Titan FX
Lo Thi Mai Loan
4.33 (21)
Hello, I am Diamond Titan FX. This EA is specially designed for US30 pairs. The EA does not use any risky strategies like Martingale or Grid. By default, the EA sets a fixed SL of 50 pips for each trade, but you can change it if you wish. The EA also implements a trailing stop that locks in profits from 10 pips, which you can modify. It features a drawdown management function for the entire account. The EA includes a news filter option if you want to disable trading during news events. Special:
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Bybit Momentum Trader for MT5 - Crypto Trading EA Warning   ️: Avoid using the default settings. Be sure to download and apply the optimized Set files provided in the comments to ensure the EA runs as intended. The Momentum Trader is a powerful expert advisor (EA) designed for cryptocurrency trading on the Bybit platform but fully compatible with any MT5 hedging broker. This EA leverages four key indicators to maximize your trading strategy: Moving Averages – Use as a trend indicator or appl
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The Big Mac B MQL5 expert advisor is a based off a Bollinger breakout strategy. The MACD indicator is used to confirm either a buy or sell trend. The MFI indicator to act as a trading range to ensure that the buy or sell is not activated when the price is in an overbought or oversold condition. Trades will only be entered if the current price is within the trading range of the MFI indicator. Default settings are for the USDJPY on the 5 minute time-frame. To work with the news server, you must
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Larry Conners RSI 2
STANTON ROUX
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This MQL5 Expert Advisor is an adaption of the trading strategy made famous by trading legend Larry Conners. The EA essentially buys on the dips and sells on the rises. Buy Signal Current candle is above the 55 EMA RSI 2 period is below 10 Sell Signal Current candle is below the 55 EMA RSI 2 period is above 90 This strategy has been adapted into a scalping strategy. Default settings are for EURUSD 1H time-frame 2018/01/01 - 2020/05/30 
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Multifarious
STANTON ROUX
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HEDGING ACCOUNTS ONLY!!! DO NOT USE DEFAULT SETTINGS!! Multifarious is a multiple strategy trading robot.  With 9 indicators, 82 possible trading strategies your possibilities are endless. You can use the following indicators individually or use them together to. Bollinger Bands Moving averages Stochastics RSI Momentum indicator Fibonacci Levels MACD indicator ADX Indicator Fractals Indicator The EA also has a highly configurable money management section to ensure low risk trading. Extra Feat
Triple Threat Crown
STANTON ROUX
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Triple Threat is the latest offering from Algotrading_za It uses Bollinger Bands and RSI to determine entry positions with MACD as confirmation of trend. It also has a time filter to define trading times. This EA is highly configurable and can be optimized to be used on most currencies. The money management section is also highly configurable and does not make use of any risky strategies like martingale etc..
Double Trouble RSI
STANTON ROUX
3.67 (3)
HEDGING ACCOUNTS ONLY!!! Double Trouble RSI uses 2 Moving averages to define trend then opens trades based on RSI over bought or over sold conditions. It also has a time filter to define trading times. Default settings are for 5 minute timeframe. This EA is highly configurable and can be optimized to be used on most instruments and currencies, including DAX and S&P 500 The money management section is also highly configurable and does not make use of any risky strategies like martingale etc..
OH Larry
STANTON ROUX
OH Larry is a collection of Larry Conners most popular mean reversion strategies rolled up into one EA. Use them individually or combine the strategies. Strategies Include: Larry Conners Double 7 Larry Conners Bollinger % Larry Conners RSI2 Larry Conners 2555 The strategies work best on higher timeframes H4 - D1 and on ETF's and Indices. They can easily be configured to run on Forex as well. Most of Larry Conners strategies don't include stop losses but I have added the functionality of add
Multifarious EA – your ultimate multi-strategy trading ally, designed for the BYBIT platform but ready to shine on any MT5 trading setup. This advanced EA empowers you with over 30 strategic combinations by pairing 5 top indicators, giving you complete flexibility and control in the fast-paced world of crypto. Why Multifarious? Endless Strategy Options : Unlock the potential of Moving Averages, RSI, Momentum, Fibonacci, MACD, ATR, and more. Combine or layer them for tailored trading setups that
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Mirec_78
24
Mirec_78 2024.09.07 10:08 
 

Terrible, more lossy than profitable.

MolinaGalo1972
14
MolinaGalo1972 2024.06.29 20:03 
 

Acabo de descargarlo, probaré a ver si todo marcha bien... espero que si.. pues se ve bueno a simple vista...

65638263
735
65638263 2024.06.10 11:25 
 

muchas gracias, probando el producto pero se ve prometedor gracias

Marc.Parrish
49
Marc.Parrish 2024.06.01 16:42 
 

I have been running this for 2 weeks for EURUSD with M5 timeframe as advised. I observed lots of SL and not even single TP. Therefore I don't advise.

[Deleted] 2024.05.28 04:38 
 

User didn't leave any comment to the rating

Shenol Angelov
50
Shenol Angelov 2024.04.25 09:07 
 

blagodarq interesno

Calogero Vella
571
Calogero Vella 2024.03.04 10:53 
 

Very nice! Thanks for the work!

BeeCoola
14
BeeCoola 2023.10.31 16:36 
 

Unfortunately it did not work for me.

Ravanity2021
14
Ravanity2021 2023.06.01 11:25 
 

I trial this out on a demo account, and it works well. It's more than what I expected.

kentarou sumi
153
kentarou sumi 2023.04.19 14:38 
 

I have used it with default setting and M30 chart. Some Doll Pair, I think it work well. thank you, Regards.

MSFinancial
14
MSFinancial 2022.12.01 23:04 
 

Bad experience! Does not work for me….

Filipe Pereira
239
Filipe Pereira 2022.10.21 18:16 
 

Well it looks work very well. Iam using the V4 setup however instead 1% risk i decided to put 4% risk because like that i will open 0.04 lot for me its about 4000$ instead 0.01 lot or 1000$ trades. I just have 750$, so 4% profit or 4% loss per trade looks good to this ammount of investment. I also decided to use the news link that will make not open trades during eur usd news . I personally like trend and FIbonacci strategy so this simple robot will watch the market for me trying spot a place to enter the market . On V4 setupversion stoploss, take a profit and trailing stop poins are very well choosed for actual dynamic market conditions on this time frame. So i dont know what else can be done to be improved for a low drawndown algotrading without compromise a decent profit

P1tBull
47
P1tBull 2022.10.07 21:01 
 

This is a beautiful EA. It needs a little optimisation and backtesting for each pair, but is very versatile, scalable and works across pairs. It needs tweaking out of the box, but if I only had one EA for every pair, this would be it. I can't believe Stanton is giving this away for free.

Cristian Mihail Pauna
13028
Cristian Mihail Pauna 2022.09.27 07:08 
 

User didn't leave any comment to the rating

Harsh Vardhan
20
Harsh Vardhan 2022.09.23 13:28 
 

not working for me in tester and on demo account , plz suggest what to do

[Deleted] 2022.09.01 03:31 
 

User didn't leave any comment to the rating

[Deleted] 2022.06.10 10:30 
 

User didn't leave any comment to the rating

Alexandre Bellini
498
Alexandre Bellini 2022.05.17 15:48 
 

Muito bom, só gostaria de saber como faço para que depois de abrir um pedido, ele só abra outro depois que o primeiro fechar. Comigo, ele continua abrindo ordens seguidas dentro da mesma negociação sempre que atinge a região de execução. Grato

Very good, I just want to know how I make it so that after opening an order, it only opens after the first one closes. With me, it continues execution orders in a row within the same trade without an execution region being serviced. Grateful

Farouk Elshahat
59
Farouk Elshahat 2022.05.14 21:34 
 

THE EA IS WORKING GOOD SO FAR FOR PAIRS "EURUSD"&"GBPUSD" WITH TIME FRAME M5 WITH PROPER INPUT BUT BACKTEST IS NOT PROMISING .

Andrew Lim Mao Tung
38
Andrew Lim Mao Tung 2022.03.03 01:57 
 

Good EA, Profitable.

123
Reply to review
Version 1.7 2020.10.08
Added ability to create stop orders and limit orders
Version 1.6 2020.06.08
Fix bug when using % of margin on a sell trade (Trade did not open)
Version 1.5 2020.06.07
Added ability to select Fibonacci Trading range from input parameters
Version 1.3 2020.06.07
Add ability to choose between fix lot and percentage of Margin

Version 1.2 2020.05.27
Decrease trade sensitivity

Minor bug fixes
Version 1.1 2020.05.26
Extended open trading range to between 23.6 and 61.8 levels.