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Fibonacci System

The system applies Fibo levels. Apart from basic Fibo levels (23.6; 38.2; 50.0; 61.8; 100.0;), the EA features custom levels (34.0; 36.0; 64.0; 66.0;). You can decide the levels trading is to be performed from. Sample trade: when the market is bullish and the price rolls back to the levels (as we remember, we select the levels on our own), the EA opens buy orders. The opposite is true for sell orders.

The EA can work in three modes. Each of the modes is a separate Fibo levels construction method.

  1. In the first mode, the EA takes into account the number of bars set by a user to define extreme values applied to set the Fibo grid;
  2. In the second one, the EA maximizes the chart scale and applies visible bars to display Fibo levels;
  3. In the third one, the EA minimizes the chart scale and applies visible bars to display Fibo levels.


Parameters

  • Trade Mode - EA trade mode;
  • Start Time - operation start time;
  • Stop Time - operation end time;
  • Send Level Х% - activate trading levels (true/false);
  • Lot - lot;
  • Take Profit - take profit;
  • Stop Loss - stop loss;
  • Slippage - slippage;
  • Magic - order magic number;
  • Number of Bar for Mode1 - if the first mode is selected, use the specified number of bars to construct Fibo levels.

If you have any questions or suggestions, please contact me!

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Telegram Informer A simple and reliable utility for monitoring your account. To make it work, you just need to add the following commands to your telegram bot: show_info - Show account information buy_sl_del -   Delete   Stop Loss for Buy orders buy_tp_del - Delete Take Profit for Buy orders sell_sl_del -   Delete   Stop Loss for Sell orders sell_tp_del - Delete Take Profit for Sell orders all_sl_del - Delete all Stop Loss all_tp_del - Delete all Take Profit breakeven - Convert to breakeven (eac
A simple indicator for plotting a tick chart. This indicator will allow you to track the spread dynamics and the price behavior in general. In the settings, you can select the price to display on the chart - Bid, Ask or both prices at the same time. Tick Chart Indicator will definitely be useful when using scalping strategies. The MT5 version is available here . Good luck to everyone and successful trading!
Pending orders system is a small trading panel created for quick setting of hidden pending stop orders. Its functionality is simple and at the same time very necessary in the day-to-day work of a trader. The main function of this panel is to set hidden pending stop orders with one click of the mouse at the desired place on the chart. If necessary, the user can pre-register lot, stop loss and take profit in the corresponding fields. If the lot is not specified, it will be set at the level of the
Telegram Informer A simple and reliable utility for monitoring your account. To make it work, you just need to add the following commands to your telegram bot: show_info - Show account information buy_sl_del -   Delete   Stop Loss for Buy position buy_tp_del - Delete Take Profit for Buy position sell_sl_del -   Delete   Stop Loss for Sell position sell_tp_del - Delete Take Profit for Sell position all_sl_del - Delete all Stop Loss all_tp_del - Delete all Take Profit breakeven - Convert to breake
A simple indicator for plotting a tick chart. This indicator will allow you to track the spread dynamics and the price behavior in general. In the settings, you can select the price to display on the chart - Bid, Ask or both prices at the same time. Tick Chart Indicator will definitely be useful when using scalping strategies. The MT5 version is available here . Good luck to everyone and successful trading!
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Matthew Todorovski
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Matthew Todorovski 2018.06.25 06:22 
 

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