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FanTrader

FanTrader is designed to trade any markets (Stocks, Forex, Commodities, Futures, Cryptos). The strategies are developed based on various Price Actions that will be observed on different Fibonacci Fan Levels.

Product Home Page: https://www.mql5.com/en/market/product/51333


ADVANTAGES:

  • Works on any market and time frames
  • Multiple Strategies in 4 categories: Retracement, Breakout, Trend Follow, Reversal
  • Trades simultaneously on any number of markets under the same account 
  • Display Fibonacci Fan Levels while trading
  • Can do scalping or Hedging 
  • Withdrawal Management. Daily Loss Limit and Equity Drawdown protection 
  • Money based Hidden Stop Loss and Take Profit 
  • Fibonacci Trailing, Percentage Trailing, ATR Trailing, Spike Trailing


FEATURES:


ALLOW_TRADE: True for trading ON and false for trading OFF

MaximumTrades: Maximum number of trades to open for any market. Minimum value is 1. A value more than 1 will activate Hedging mode

BarsToProcess: Number of bars to draw Fibonacci levels. 

DrawZigZagBasedFibo: Draw Fibonacci levels based on ZigZag. If true then BarsToProcess will not be in effect

ZigZagDepth: Value for ZigZag Depth

ZigZagDeviation: Value for ZigZag Deviation

ZigZagBackstep: Value for ZigZag Backstep

Trading_Start_Time: Session start time

Trading_Finish_Time: Session end time

*Start time must be earlier than finish time. 

Trading_Start_Day: Starting day of the week 

Trading_Finish_Day: Ending day of the week

*Value from 0 to 6 where 0 represents Sunday and 6 is Saturday

Spread: Maximum spread to be allowed. Recommended 5-10. This value will be checked for opening, closing

Slippage: Maximum Slippage to be allowed. Recommended 3-5. This value will be checked for opening, closing

FixedLot: Set the value of fixed lot size if you want to use fixed lot only. UseAutoLot must be false in order to be effective.

UseAutoLot: Set to true if you want to use Auto lot rather than Fixed lot. When auto lot in use it is a good idea to withdraw profit every now and then

AutoLotRisks: Maximum risks in percentage when UseAutoLot is true. Recommended setting 0.01

LotDecreaseFactorIfLossOccurs: Reduce lot whenever loss happens. Minimum value is 0

LotIncreaseFactorIfWinsOccurs: Increase lot whenever wins happens. Minimum value is 0

FixedStopLoss: Fixed SL value in points. 0 for no stop

FixedTakeProfit: Fixed TP value in points. 0 for no target

*FixedStopLoss and FixedTakeProfit will not be in effect if UseAutoStopLossTakeProfit is true

UseAutoStopLossTakeProfit: Set to true to use auto stop loss and take profit value rather than fixed value.

StopLoss_Multiplier: Multiply stop loss value with the default stop loss value that the EA decides. Minimum value is 1. 

TakeProfit_Multiplier: Multiply take profit value with the default take profit value that the EA decides. Minimum value is 1

UseHiddenStopLossTakeProfit: Set to true to hide your original plan

HiddenStopLossInMoney: The idea is to place order with large stop or no stop at all and exit with a predetermined loss in money

HiddenTakeProfitInMoney:  The idea is same as above 

WithdrawPoint: Put your desired profit level target when you want the EA to enter into a safe mode.  EA will not place any trade but only manage open trades until the withdraw is made

DailyLossLimit: Maximum loss of the day for each market. When limit reaches EA will close open trades and stop trading for the day

MaximunDrawdown: EA will stop trading when maximum equity drawdown occurs.

CloseProfitTradesAtTradingFinishTime: To close only profit trades when trading time is finished

CloseAllTradesAtTradingFinishTime: To close all trades when trading time is finished

UsePercentageTrailing: When more than 90% target achieved move stop loss at 80%. If HiddenTakeProfitInMoney is in use stop loss will be moved to nearest price when  90% target achieved

FibonacciTrailing: To trail based on Fibonacci levels

ATRTrailing: To trail based on ATR

SpikeTrailing: To trail based on large spikes

UseRetracementStrategy: True or False

UseBreakOutStrategyTrue or False

UseReversalStrategyTrue or False

UseTrendFollowStrategyTrue or False

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Valeriia Mishchenko
4.6 (5)
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Introducing   Trade Vantage : Professional Market Analyst Trade Vantage   is a highly effective analytical tool that uses a specialized algorithm for trading on the Forex and cryptocurrency markets. Its operating principle is based on price analysis for a certain time interval, identifying the strength and amplitude of price movements using a unique indication system. When a trend loses its strength and changes direction, the expert closes the previous position and opens a new one. The bot also
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Oleksii Ferbei
5 (1)
Alien Titan is a next-generation multi-currency bot designed for efficient trading in the Forex market. This expert advisor combines cutting-edge algorithms and customizable settings, enabling traders to achieve stable profits with minimal risk. Let's explore its main features, advantages, parameters, and usage process. Main Features of Alien Titan: Flexible Settings: Alien Titan offers a wide range of customizable parameters, including strategy settings, stop-loss and take-profit levels, lot s
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Greetings, fellow traders. EA Project 758 was created by a team of traders and programmers with 15 years of experience. EA Project 758 has been developed and refined over a period of 6 years. Through this process, we have achieved excellent results. The EA algorithm is proprietary and has no analogues. It incorporates universal and complex systems such as IR, developed personally by us. We designed a proprietary EA that embodies the behavior model of termites. These tiny insects are known for th
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trong: Advanced Forex Bot for Multicurrency Trading Strong is a cutting-edge tool for automating Forex trading, designed with modern technologies and algorithms to handle a wide range of currency pairs. This bot is ideal for traders looking to enhance their trading efficiency, reduce risks, and streamline the trading process in the ever-changing market. Key Features of the Strong Bot Multifaceted Trading: Strong can operate with a broad selection of currency pairs, allowing users to diversify t
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Sequoia mt5
Yvan Musatov
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
SpeedScalper AI MT5
Ankitbhai Radadiya
SpeedScalper AI MT5 is a next-generation scalping robot developed by a highly experienced team in trading and coding. It is designed for scalping on one of the most popular crypto pair BTCUSD . Unlock the power of automated trading with this advanced SpeedScalper AI MT5 specifically designed for the BTCUSD pair. Whether you're trading on the 1-minute or 4-hour chart, this bot adapts to any timeframe, making it a versatile tool for traders of all styles. This strategy has undergone extensive test
Neuron Net GOLD
Sugianto
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Neuron Net GOLD is an integration of the Python programming language, deep learning machine and mql5 code to be able to predict XAUUSD price movements so as to produce entries and exits based on artificial intelligence. How it works: At the start of asian session, Neuron Net Gold will carry out analysis based on historical data and predict gold price movements.  If the price prediction is up, Neuron Net Gold will take a long position, and vice versa.  Neuron Net Gold will close the position a
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Ugochukwu Mobi
5 (2)
O Bonnitta Gold é baseado no Indicador de Negociação Bonnitta pessoal e em um algoritmo de negociação secreta muito avançado. A estratégia do Bonnitta Gold é uma combinação de um indicador personalizado secreto, linhas de tendência, níveis de suporte e resistência e o mais importante algoritmo de negociação secreta mencionado anteriormente. O OURO BONNITTA PRECISA DE ALAVANCA MAIS ALTA DE 400 E ACIMA - TESTEI COM 10.000 USD E ALAVANCA DE 1:500 VEJA O LINK DA CONTA REAL ABAIXO. VOCÊ PRECISA DE
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Versão 2.0 2020.09.10
1. Improvement made so that EA takes lesser time to perform Back testing and Optimization
2. Fixes on Candle closing time on the Info panel