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Fibo Price change

"Fibo Price Change" 

New Expert Advisor Calculates several time frames of multiple indicators,  and calculates currency strength,and a new algorithm for predicting profitable trades. Also draws Fibonacci Arcs on chart and trades with price breakthrough.


  • Small number of variables for optimization.
  • Easy to operate,Accessible and User-friendly.
  • Best time frame 1H.
  • Works with Major forex pairs: EUR/USD. GBP/USD. USD/CHF etc...


Trading strategy:

Multiple indicators, currency strength, with new algorithm.


Instructions:

Optimize this EA using the variables below for a year back, and use one pair(for example  EUR/USD) with 3K.


Parameters:

  • ------------[Money Trailing Stop]---------------
  • Take_Profit_Money = Take Profit In Money in current currency (values: 25-200).
  • Stop_Loss_Money = Stop Loss In Money in current currency (values: 5-20)
  • --------------- [Lot Size ] -----------------------
  • Lotsize = lot volume, (values: 0.1-1).
  • LotExponent = All trades that come after the first trade will grow exponentially by this value.(values: 1.1-2).
  • ---------------[Indicator Value] -----------------
  • FastMA = Fast Moving Average indicator value (values:  1-40 ).
  • SlowMA = Slow Moving Average indicator value (values: 50-200).
  • ----------------[ Stop Order]---------------------
  • TotalEquityRisk = Total Equity Risk in percentages (drawdown) (values: 5-40). 
  • Maximum Orders = maximum trades (values: 1-10).
  • MagicNumber = Magic number (values: 1-100000).


You need to optimize this EA once every few months (not more than 6) and use the exact same inputs from above .


How to perform back test (optimization)  :

https://bit.ly/2CD7XWD

      Link to demo version:

      https://www.mql5.com/en/market/product/26443#!tab=tab_p_overview




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      Eugen Funk
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      Lo Thi Mai Loan
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      Versione 21.2 2025.01.27
      Small number of variables for optimization.
      Easy to operate,Accessible and User-friendly.
      Versione 21.1 2022.08.24
      Improved strategy
      Versione 20.8 2021.03.07
      New " trailing stop"
      Versione 20.7 2021.03.06
      New " trailing stop"
      Versione 20.5 2020.12.02
      Improved strategy
      Versione 20.4 2020.11.29
      New risk level.
      Upgraded strategy.
      Versione 20.2 2020.08.22
      New parameters:
      Enable light news
      Enable medium news
      Enable hard news
      Your Time Zone, GMT (for news)
      Versione 20.1 2020.08.19
      New variable:
      "Use_News_Break" -if "true" there will be news filter and the EA will not trade before and after news
      If "false" news filter will not work.
      Versione 20.0 2020.08.15
      New parameter:
      Use_Rsi_Currency_Strength= true/false.
      If true Rsi Currency Strength
      If false Roc Currency Strength
      Versione 19.8 2020.08.04
      New parameter "Currency_Strength_risk={High_Risk\Low_Risk}
      Versione 17.7 2020.07.15
      New variable:
      "rangeDistance"=candle distance for secondery auto take profit
      Versione 12.3 2020.06.26
      New trailing stop and new variables:

      Use Equity Stop martingale
      Total Equity Risk
      If Use Trailing Stop
      When To Trail?
      Trail Amount
      Distance From Candle
      Use Candle Trail?
      Nunmber Of min/max Candles
      Versione 12.2 2020.06.20
      Upgraded strategy
      Versione 12.1 2020.06.16
      Improved trading strategy
      Versione 12.0 2020.05.31
      Improved profit handling
      Versione 11.9 2020.04.14
      Improved checking functions
      Versione 11.8 2019.12.28
      New strategy "hedg"
      Versione 11.6 2019.11.20
      New "IncreaseFactor" function if you lose a trade the next lotsize will be increased
      Versione 11.5 2019.10.28
      New strategy "scalp"
      Versione 11.3 2019.10.01
      New graphical object pivot
      Versione 11.2 2019.09.15
      Improved live trading with martingale 1 strategy
      Improved "ZONE RECOVERY" strategy with the option to add or multiply lotsize
      Versione 11.0 2019.09.08
      Improved "ZONE RECOVERY" strategy with the option to add or multiply lotsize.
      Versione 10.8 2019.08.17
      optimizing lot size function
      Versione 10.7 2019.08.16
      Improved output print on chart
      Versione 10.6 2019.08.16
      Optimization of functions
      Versione 10.3 2019.08.08
      New variable "Price Action" in "graphical objects"
      Now you can add to lot size in martingale 1 strategy and not only multiply
      Sets virtual TP and SL at 200 pips while actual exits are "Stop_Loss" and "Take_Profit" values.
      New strategy "Virtual_Tp_Sl" under "Strategy" options,
      The value of Stop Loss will be the number that you will write in TrailingStop parameter.
      Adding hidden Stop Loss to "Virtual_Tp_Sl" strategy
      Improved trailing stop loss to "Virtual_Tp_Sl" strategy
      Versione 10.2 2019.06.01
      Improved graphical objects,optimizing and minimizing variables.
      Versione 10.1 2019.05.21
      Improved trailing stop loss for martingale 2 strategy
      Now you can add lot size or mulitply
      Versione 9.8 2019.05.09
      Improved trailing stop loss for martingale 2 strategy
      Versione 9.7 2019.05.09
      Improved 3 time frames,
      Adding graphical objects,
      Adding trailing stop loss to martingale 2 strategy.
      Enlarged letters for information.
      now you can Use Equity Stop for martingale strategy
      Versione 9.0 2019.03.17
      Improved graphical objects
      Versione 8.7 2019.02.11
      Improving text on chart
      Versione 8.5 2019.02.03
      New vital information on the chart.
      Filtering trend lines.
      Versione 8.4 2019.01.06
      Enable multiple trades with multiple pairs
      New trailing stop loss & take profit.
      New system to stop trades when the price goes against the direction of the trade.
      Versione 8.1 2018.12.13
      Optimization
      Versione 8.0 2018.11.28
      Optimization
      Versione 7.9 2018.11.28
      Optimization
      Versione 7.8 2018.10.27
      Optimization
      Versione 7.7 2018.10.20
      Improved live trading
      Versione 7.6 2018.10.13
      4 new improved strategies:Trailing_stop,Martingale1,Martingale2,Zone_Recovery.

      If "Strategy"="Trailing stop" simple trading with trailing stop loss.
      If "Strategy"="Martingale1" -if you lose a trade next trade will be with multiplied lot size,with the option to wait between trades if there are more then maximum predefined loss trades.
      If "Strategy"="Martingale2" -if Ithe trade goes in the opposite direction from your first trade after a predetermined number of pips, then it opens another trade with multiplied lot size ,with the option to limit number of trades.
      If "Strategy"="Zone Recovery" Zone recovery area hedging strategy, 10 trades max with the option to limit number of trades.
      Versione 7.0 2018.06.21
      The stop loss was activated only if the trade went in the right direction for some pips. Now it is activated and visible from the start, also there is the new stop command that accepts the value of "ATR" indicator for double guard,
      and now the EA uses volume to identify changes in the market.

      3 new variables:
      Strategy:
      If Strategy="Trailing stop" regular trailing stop loss.
      If Strategy="Martingale" -if you lose a trade next trade will be with multiplied lot size.
      If Strategy="Zone Recovery" Zone recovery area hedging strategy.
      Zone_Recovery_Area =Zone_Recovery_Area(in pips)
      Multiply=lot multiplier for martingale strategy
      Versione 5.0 2018.03.14
      The trailing stop loss did not work in sell orders. Now the error has been fixed, everything else is the same.