Fibonacci EA Real Test Discussion

Fibonacci EA

Product Link : https://www.mql5.com/en/market/product/8026

This EA is based on modified Fibonacci strategy. Works on all timeframe. EA uses data from 2 days ago to open position (for example: if you attach Fibonacci EA on H1 chart, the EA uses 48 candles to make a decision). Also, I have to say, the EA does not depend on a timeframe. This EA uses Fibonacci Retracement tools only. This is a great Expert Adviser for big and small capitals. You have smart take profits and smart stop losses (Auto TP & SL). You can see SL and TP levels on your chart.

    Anti-loss option placed on the EA has 2 variants: Anti-loss 1 and Anti-loss 2
    For example, Anti-loss 2 is good for EURUSD. If your position is closed in loss, Anti-loss 2 will be start (no hedging).


Input Parameters

    Auto Take Profit: True ---> if set to false you can change TP or SL manually to optimize the EA
    Auto Stop Loss: True
    Take Profit: 30 ---> manually for Auto Take Profit: False
    Stop Loss: 30 ---> manually for Auto Stop Loss: False
    Anti-loss 1: False ---> if set to true, a position is opened in parallel with the loss trade (TP and SL levels in Anti-Loss: ½ stoploss of the loss trade = new sl and tp in anti-loss); for example: we have some loss trade with 30 pips (-30 pips). Anti-loss will be started with 15 pips of SL and TP
    Anti-loss 2: True ---> a position is opened vice versa with the loss trade (TP and SL levels in Anti-Loss: ½ stoploss of the loss trade = new SL and TP in Anti-Loss); for example: we have some loss trade with 30 pips (-30 pips). Anti-loss will be started with 15 pips of SL and TP
    AL Auto Take Profit: True ---> if set to false, you can change TP manually for Anti-loss
    AL Auto Stop Loss: True ---> if set to false you can change SL manually for Anti-loss
    AL Take Profit: 30 ---> manually for Auto Take Profit: False (AL Auto Take Profit: False)
    AL Stop Loss: 30 ---> manually for Auto Stop Los: False (AL Auto Stop Loss: False)


Hidden Parameters

Maximum order: this parameters is hidden (As it will help to profitability)
Please download demo version and test it on your account


Advantages:

    No difference between backtests, demo tests and real testing (long-term trade)
    Work with minimum deposit equal to $5-$10
    Default settings and Anti-loss 2 are appropriate for EURUSD

For any questions or to request set files, please use the Comments tab in mql5 market product page .