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Fibonacci Scalper

30 USD

Demo downloaded: 183

Published: 11 November 2020

Current version: 1.3

Fibonacci Scalper

Experts
Emmanuel Mandril
Version: 1.3
Updated: 25 November 2020
Activations: 5

Welcome!

- Fibonacci Scalpertrades the golden ratio, the 61.8 on volatility. It calculates all the possible 61.8 and takes into account volatility to place stop orders at the 61.8 or below. Works best in 15 minutes. The minimum deposit is 20 USD.
It has a hedge function to capitalize both possible directions in such important pivot. Autolot function also available. Optimized for GBPAUD & EURAUD & AUDUSD in the default set (more sets in the discussion) SET FOR 8 YEARS OF BACKTESTING EURUSD IN THE COMMENTS SECTION.

LIVE TESTING HERE

Features:

Tight Stop Loss protects your account = 100 Points
Recommended Time Frame = 15 min
Minimal deposit = 20 USD on microlot accounts
VPS and a low spread account (True ECN Account) is recommended.
NO grid or martingale
Back Testing: when using data, make sure that stop level (minimal distance from price to place orders) is on 0 .

Settings:

Lot - Fix lot of preference
BreakEvenDisparo - Distance from the price when trailling stop starts
TI- Start hour to open trades
TF - End hour to open trades
ModifyStopOrder - True if you want to modify stops orders to follow price
SL - Stop Loss in Points
ATRPeriod - Period of ATR indicator
MAGICMA - Magic number for the chart symbol. You can run this EA on multiple symbols by changing the Magic Number for each chart.
Autolot - True if you want an autolot sizing from the free margin on the account.
MaxSpread - Maximal spread value permitted to open order
Atr - Value of the ATR indicator condition to open order
CondBarras - Amount of previous bar to find Golden Ratio
Hedge -Hegde condition on or off
Risk - How much of account free margin you want to risk, from 1 to 99.

Before you buy Fibonacci Scalper please be aware of the risks involved.

Past performance is no guarantee of future profitability (EA could also make losses).

The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading.

This strategy will always use a stop loss, but still execution of the SL depends on your broker.

Try on Demo Account first, before live account.

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Version 1.3 2020.11.25

Default set for EURUSD 12 year backtested

Version 1.2 2020.11.11

Autolot improved for cent accounts.

Version 1.1 2020.11.11

All bugs Fixed