Fibonacci Trading set

Avatar
drago babnik
  • updated
  • Checked

This set works on Fibonacci retracement and reversal trend. Grid and trailing stop are included. The same set could be suitable for the following pairs EURUSD, GBPUSD, AUDCAD, AUDUSD. Of course, improvement is needed to reduce DD and increase profits. Those with powerful computers are asked for help to optimize and improve the set. This strategy might be appropriate for multi carency CP EA.

CP_MT5_FIBO_GRID

MT version:
Set for MT5 only
EA version:
2.25
Symbol:
EURUSD, GBPUSD, AUDCAD, AUDUSD
TimeFrame:
M5
Replies 22
Avatar
1
Roman

I made some changes to max the result. You have to stomach the 72% relative equity DD, but hey, they say the first million is the hardest :)

MT5_EURUSD_M5_Fibo_Martingale_2_25_3_O1.set

PS: If you reduce the lot size to 0.01, the DD is much better and the result still quite good.

Avatar
0
drago babnik
Quote from Roman

I made some changes to max the result. You have to stomach the 72% relative equity DD, but hey, they say the first million is the hardest :)

MT5_EURUSD_M5_Fibo_Martingale_2_25_3_O1.set

PS: If you reduce the lot size to 0.01, the DD is much better and the result still quite good.

Much improved set at 0.01 lot per 1000. Thanks.