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Fibonacci Scalper

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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    Alexiso2012
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    Alexiso2012 2020.11.27 14:56 
     

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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