this pro Advisor operates in 2 modes:
if “switch” = “1”, this Expert Advisor operates on the Fibonacci index with regional lows/drops as breakout levels. If the purchase cost crosses the Fibonacci levels along with the neighborhood lows/highs of the cost from the base up, then a purchase signalis formed . conversely, if the price crosses the Fibonacci levels and the local lows/highs of the price from top to bottom, then a market signalis formed .
If “Switch” = “0”The Expert Advisor works on the Fibonacci indicator with local lows/highs as resistance and support levels. If there is an upward price correction from the Fibonacci levels and local lows/highs, a buy signalis formed . If there is a downward price correction from the Fibonacci levels and local lows/highs, a sell signalis formed .
You can enable or disable the trailing stop:
If “TrailingStop” = 0, the trailing stop will be disabled.
If the” TrailingStop “ value is set from 10 to 100, the trailing stop will be enabled.
When using a trailing stop, the stop loss level will change by the specified value in pips.
The Expert Advisor works simultaneously on four different timeframes.
This is a multi-currency, multi-tool, and multi-timeframe (M1, M5, M15, M30, H1, H4, D1) expert Advisor.
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It is possible to send email notifications to receive alerts for each transaction.
This version has a built-in algorithm that calculates the rate of price change on the lower and higher timeframes in relation to the current one.
This Expert Advisor works only on the opening/closing prices of bars.
- Switch – when set to “1” is the breakout mode with “0” – correction mode.
- Strategy:
- If Strategy= “Trailing stop”, the normal trailing stop is used.
- When Strategy= “Martingale”: the trade following the unprofitable one will be opened with an increased lot.
- When Strategy= “Zone Recovery”, the recovery zone with the hedging strategy is used.
- Zone_Recovery_Area – recovery zone (in pips).
- Multiply-lot multiplier for the martingale strategy.
- History – the number of history bars to calculate, from 10 to 50.
- Period_MA_0 – the period of the auxiliary MA for the current timeframe, from 1 to 50.
- Period_MA_1 – the period of the calculated MA, from 1 to 50.
- Bars_V – the number of bars to calculate the rate of price change, from 3 to 50.
- Aver_Bars – the number of bars to smooth, from 3 to 50.
- K is the gain from 1 to 20.
- Lots – lot size, minimum-0.1, maximum-1.
- MaximumRisk – the maximum risk of the total margin in %, from 0.01 to 0.3
- DecreaseFactor-reduction of the total amount of available funds in a losing trade.
- TrailingStop-set the value from 10 to 100 to enable the trailing stop, at ” 0 ” the trailing stop will be disabled.
- StopLoss – stop loss level, from 10 to 100.
- TakeProfit – take profit level, from 10 to 200.
- MACD_Threshold – the threshold for the end of the trend for the MACD, from 70 to 95.
- Mom_Sell – the trigger value of the Momentum indicator for selling, from 0.1 to 3.
- Mom_buy – the trigger value of the Momentum indicator for the purchase, from 0.1 to 3.
- Momlength – the value of the Momentum indicator.
- Distance – the step between two moving averages in pips, from 10 to 50.
- FastMA – the period of the fast moving average, from 1 to 15.
- SlowMA – the period of the slow moving average, from 20 to 100.
- MagicNumber – a magic number, use different values for each pair/instrument used.
- ATR – not used.
- Maxc – not used.
- If Strategy= “Trailing stop”, the normal trailing stop is used.
- When Strategy= “Martingale”: the trade following the unprofitable one will be opened with an increased lot.
- When Strategy= “Zone Recovery”, the recovery zone with the hedging strategy is used.
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