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FiboTrader Lite MT5

0.00

The Fibonacci Advisor builds Fibonacci levels automatically and uses them for trading.  In his analysis, he uses the author’s algorithm for identifying impulse movements and very accurately identifies the current trend in the period indicated to him. The universal setup of the Expert Advisor allows you to trade almost any stocks, cryptocurrencies and CFDs.

Settings:

  • TradeMode – the mode of choosing the direction of trade.
  • Time work – trading time, if the signal is received outside of trading time, then entry into the market is not carried out
  • Comment – comment on orders
  • Magic – magic, the identifier of the adviser’s orders. 0 – will pick up manual orders.
  • TF is the period during which the signal analysis and input are performed.
  • Manual first fibo – if the option is enabled, the ADVISER waits for fibo from the trader and only then turns on. It is advisable to disable Algotrading while drawing.
  • Draw new fibo – redraw a new fibo if there is an exit from the correction and a breakdown of 0% of the level.
  • Add new orders –pyramiding) – enables the pyramiding mode. New trades are added if the risks are 0 at this moment, and the adviser can only risk the current position.
  • Ignore risk for new orders – allows you to disable the risk verification mode for pyramiding.
  • Max orders – the maximum number of orders in the pyramid.
  • Swing trading (close by inverse signal) – enables the closing mode immediately after the Fibonacci reversal.
  • Flat Minimal Bars – the minimum number of bars in the correction. Supports corrections from 1 bar.
  • Reverse signal sensitivity % – sensitivity for the reversal of the Fibonacci extension in the other direction. % determines which part of the candle body should go beyond the 100% level.
  • Impulse minimal at points (0 – off) – minimum pulse size in points
  • Impulse maximum at points (0 – off) – maximum pulse size in points
  • Draw fibo – draw lines and Fibonacci levels
  • Color fibo,Color fibo levels,Color line TP, Style line TP,Color line BU,Style line BU – settings of auxiliary lines.

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  • Risk mode – MM mode.
  • Risk in value – value in money
  • Risk in % – value in % of the balance
  • Max risk by chart % calculates the risk by the distance between the entry point and the 100% level based on the price difference. If the risk is less than or equal, then entry is allowed.
  • Fix lot – fixed volume value
  • Maximum stop (count) – limiter of the number of stoploss within the correction.
  • Maximum positions on the account – the maximum number of positions on the account, while if the leverage is turned off, the ADVISER divides the entire balance into the specified number of parts for positions so as not to use the shoulders.
  • Minimum margin on the account – the minimum margin level to stop opening new positions
  • Open Level – the Fibonacci level in % from the point 0%, by default 38.2%
  • TP1 (Safe) mode – partial closure mode by TP level
  • No close if the position in BU – enables the mode in which the position is not closed if the calculated stop loss level is already at breakeven.
  • Part close % – what percentage of the total volume of the position will be closed when the TP level is reached. If 100, the entire position will be closed.
  • Take Level % – take profit level, always from 0 to the negative zone! <= 0 is calculated as the % Fibonacci level from the 0% point.
  • SL mode – options for exiting a position or trailing a pyramid of orders.
  • SL Level % – stop loss as a Fibonacci level
  • SL Offset in points – offset from the level in points
  • Close signal sensitivity % – by how much % the candle body should close beyond the Fibonacci level.
  • BU mode – modes for selecting the transfer of the stop loss point to the breakeven point.
  • BU Level % is the Fibonacci extension level, it must be above the entry level necessarily.
  • Min profit in points – the minimum profit level in points the level will be adjusted taking into account swaps and commissions.
  • Trailing equity start % – activates the trailing stop mode for profit growth in %
  • Trailing equity step % – the trailing stop level in %, upon rollback to which the position will be closed
  • Close by profit % (0-off) – closing positions after reaching the profit level in % 
  • Filter mode – filtering mode. 
  • Filter TF – the period by which to analyze, when selecting Main impulse, you need to specify the senior period.
  • MA_Fast – fast MA period
  • MA_Slow – the period of slow MA
  • SAR_Step – parabolic step
  • SAR_Maximum – parabolic maximum

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