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The Fibonacci Scalper

0.00

The Fibonacci Trader MQL5 expert advisor uses the Fibonacci levels to ascertain a buy or sell trade with the MACD as confirmation.

Check out ace version https://www.mql5.com/en/market/product/53353 

The Fibonacci levels operate as follows:

  • SELL if MACD trend is SELL
  • BUY if MACD trend is BUY
  • SELL if MACD trend is SELL

under 23.6

  • BUY if MACD trend is BUY

Default settings are configured to get EURUSD on M5 Chart.

To work with the news server, you need to add the URL ‘entrance://ec.forexprostools.com/’ in the list of allowed URL tab.

Main menu-> Tools-> Settings tab “Advisors”:

News is not enabled in Strategy Tester.

Join Algotrading_za Telegram group to discuss required updates and share SET files.

https://t.me/algotrading_za

[spoiler title=”Read More…”]

Join Algotrading_za Telegram group to discuss required updates and share SET files.

https://t.me/algotrading_za

[/spoiler]

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