Fibonacci type set, for EURUSD and adjustable for other pairs

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Yannis Latroche
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Hello my set set here isn't complex

It use fibonacci retracement with other indicators for entry

And I left stochastic for exit

I've made a set for 2.34 and 2.30 just in case

The risk i've put by default is for account growth, reduce as you wish

Gonna put it in demo and live after a test period

I've put both anti and martingale for 2.34 and 2.30 can use one or another

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I've adjusted for some pairs to see and the backtests were good so try if you want, the huge advantage with this EA is that you can modify as it fit for you


Fibo.set


Fibo230.set

I'm still gonna work on it to see what could be improve,

Regards

MT version:
Set for MT5 only
EA version:
2.34 / 2.30
Symbol:
Many many ... maybe
TimeFrame:
M5
Replies 96
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2
Ulises Cune

Hello Yannis,

I have changed the "Lot Risk" to 2%, I have "Allow Hedge" = true and "Summ TakeProfit" to 1%

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EURUSD_100CentAccount_IdentifyTrend_Fibo_St....set

Roboforex, CentAccount

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2
Ulises Cune

Hello Yannis,

Since you wrote "Symbol: Many many ... maybe", I have tried the same strategy that I shared with all the symbols and the result was the following.

Image 1621

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Maybe you have to improve it a little bit in each one to decrease the DrawDown.

The strategy is good

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1
Yannis Latroche
Quote from Ulises Cune

Hello Yannis,

Since you wrote "Symbol: Many many ... maybe", I have tried the same strategy that I shared with all the symbols and the result was the following.

Image 1621

Image 1622

Maybe you have to improve it a little bit in each one to decrease the DrawDown.

The strategy is good

Hello Ulises, thanks for your review and yeah when i said many many it's beacause by changing some parameters such as the step you can adapt it to others pairs, i tried AUDUSD, USDCAD and GBPJPY and with adapted parameters it could be an all rounder

I'll share one pair or two set later in the day

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2
Sai Pratap
Quote from Ulises Cune

Hello Yannis,

I have changed the "Lot Risk" to 2%, I have "Allow Hedge" = true and "Summ TakeProfit" to 1%

Image 1617

Image 1618

Image 1619

EURUSD_100CentAccount_IdentifyTrend_Fibo_St....set

Roboforex, CentAccount

The set in the opening post has failed in 2019.

But ur set is working well. Thanks.

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Image 1624

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1
Yannis Latroche
Quote from Sai Pratap

The set in the opening post has failed in 2019.

But ur set is working well. Thanks.

Image 1623

Image 1624

Thanks for your review i'm gonna take Ulises improvement in consideration for further optimization

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1
Yannis Latroche

fibo v2.set


This one got me good result and relatively low drawdown on EURUSD, can you check please ? (or modify)

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1
Sai Pratap
Quote from Yannis Latroche

fibo v2.set


This one got me good result and relatively low drawdown on EURUSD, can you check please ? (or modify)

Nice improved set. Thanks.

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0
Yannis Latroche

Currently running the V2 on demo with 2% risk to see it's behavior


By the way I found that modifying the fibo value 78.6 to 38.2 or 26.8 lower the trades taken and the drawdown so everyone should find what fits the best

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Giorgio Bellizzi

Thanks for sharing. How the strategy handles the SL and TP? I see SL is not set. Is it handled by the EA or simply there is no SL? TP seems to be quite ambitious. Can you please send me a reference to understand better?

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0
Giorgio Bellizzi
Quote from Yannis Latroche

Currently running the V2 on demo with 2% risk to see it's behavior


By the way I found that modifying the fibo value 78.6 to 38.2 or 26.8 lower the trades taken and the drawdown so everyone should find what fits the best

Hi. Could you please specify me where to change this parameter?

thanks