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Fibonacci Wizard

The Fibonacci Wizard looks for divergences indicating potential reversals.  When a divergence is detected, the EA will open 1 trade with a profit target based on user selected Fibonacci Retracement level.  If another divergence is detected prior to reaching the profit target, the EA will open another trade of the same size and recalculate the profit target.  This will be attempted until a profit target is reached or the EA reaches the user defined maximum number of open trades.    The user must also specify a default profit target in dollars or pips.  The default profit target must be met in addition to the Fibonacci based level, this prevents the EA from calculating targets with negative profit in turbulent market conditions.  It is recommended to keep the default profit target low if using a Fibonacci based target.  However, if desired the user may turn the Fibonacci based target off and let the EA trade solely on the default profit target.

Inputs

Magic Number - unique number that the EA uses to identify its trades

Max Trades - the maximum number of trades the EA is allowed to take on any given currency pair

Trade Lots - the size of each trade

Stop Loss in Dollars - Stop loss is based on the sum of all profits for the given currency pair.  So for example, if Stop Loss is entered as "50" and there are 5 trades open on EURUSD and the profit on all 5 adds up to a total $50 loss, then all 5 trades will be closed.  Stop Loss should be entered as a positive value.

Fibonacci Based Target - if true, the EA will calculate a profit target based on the desired Fibonacci Retracement level, this is the intended mode of operation for this EA.  For a trade to close, the price must exceed the value of the specified Fib Level AND be greater than the default profit target in dollars.  If Fibonacci Based Target is set to false, the EA will only look for the default profit target and will not draw Fibonacci levels on the chart.

Fibonacci Level- is the desired target for closing the trade.  It should be entered in decimal form (e.g. 0.5 for 50%).  It is not limited to key Fib levels, any number may be entered.  If "Fibonacci Based Target" is false, this value will be ignored.

Use Pips for Profit Target - if set to true, the default profit target in pips will be used instead of dollars

Default Trade Profit in Dollars - used if Use Pips for Profit Target is set to false

Default Trade Profit in Pips - used if Use Pips for Profit Target is set to true

Speed- this input is only relevant when using the backtester in visual mode.  It allows the user to specify the speed at which the chart will go, the lower the number, the faster the chart goes. 1 is fastest, 100000 is slowest.

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Vous êtes-vous déjà demandé pourquoi la plupart des conseillers experts ne sont pas efficaces dans le trading en direct, malgré leurs performances parfaites en backtest ? La réponse la plus probable est le surajustement. De nombreux EAs sont créés pour "apprendre" et s'adapter parfaitement aux données historiques disponibles, mais ils échouent à prédire l'avenir en raison d'un manque de généralisabilité dans le modèle construit. Certains développeurs ne connaissent tout simplement pas l'existen
XG Gold Robot MT4
Marzena Maria Szmit
4.46 (26)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Hercules AI MT4
Aleksandr Chebotaev
3.5 (2)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Gold Dragon AI MT4
Evgenii Aksenov
5 (1)
A unique Expert Advisor created with OpenAI Artificial Intelligence. Signal MQL5 :  https://www.mql5.com/en/signals/1243950 Since October 2021 Gold Dragon has made more than 1350% income, which is perfect! I also withdrew funds in amount of 74'770 USD. I would like to share a limited edition of this amazing Expert Advisor primarily for my regular customers. The robot has undergone deep training with artificial intelligence, taking into account the high volatility of gold. Unlike other gold tr
Diamond PRO
Fanur Galamov
4.83 (18)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Dark Algo
Marco Solito
4.79 (62)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
Supply Demand EA Pro
Georgios Kalomoiropoulos
4.95 (19)
SUPPLY DEMAND EA PRO offre une nouvelle façon de négocier n'importe quel instrument financier que vous souhaitez. Il est basé sur l'indicateur MTF Supply Demand avec beaucoup plus de fonctionnalités qui vont améliorer votre expérience de trading et faire monter en flèche vos bénéfices. Vous avez la possibilité de passer des ordres à cours limité et au marché en UN CLIC. L'EA va ajuster automatiquement la taille de lot de n'importe quel commerce et va gérer le StopLoss à la moitié ou à BreakEven.
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