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

Image 1592

Image 1593

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
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ArbTrade

I've performed a back-test using the Fibo hedge set. Unfortunately, I notice it fails on May 2017. Can we avoid  this behaviour?

For instance, does it make sense to use trailing take profit?

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Yannis Latroche
Quote from ArbTrade

I've performed a back-test using the Fibo hedge set. Unfortunately, I notice it fails on May 2017. Can we avoid  this behaviour?

For instance, does it make sense to use trailing take profit?

Honestly I can't answer since I don't know, try what you got in mind it could be a good idea 

I'm going to try few things too, to see what could be good

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ArbTrade
Quote from Yannis Latroche

Honestly I can't answer since I don't know, try what you got in mind it could be a good idea 

I'm going to try few things too, to see what could be good

Further to my previous comment, the strategy fails also on 2012. This means that there should be something to be improved. I'm not an expert but I think a kind of stop-loss might help to avoid burning the account. 

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Yannis Latroche
Quote from ArbTrade

Further to my previous comment, the strategy fails also on 2012. This means that there should be something to be improved. I'm not an expert but I think a kind of stop-loss might help to avoid burning the account. 

I can't backtest this far the quality does not get to 100% unfortunately i can't help you right now

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ArbTrade

I've done another test by changing the Fibo timeframe to 12 minutes. Now 2017 is going well. 

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Yannis Latroche
Quote from ArbTrade

I've done another test by changing the Fibo timeframe to 12 minutes. Now 2017 is going well. 

Nice! You could have changed the fibo retracement value too, by decreasing it to 61.8 or 50

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Sai Pratap
Quote from ArbTrade

Further to my previous comment, the strategy fails also on 2012. This means that there should be something to be improved. I'm not an expert but I think a kind of stop-loss might help to avoid burning the account. 

Testing for far periods like 2012/2017 will be of no use. 

Anyways, whatever period u test or whatever setting u try, u cannot predict the future and is subject to fail if market goes bad against EA setting. 

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ArbTrade
Quote from Yannis Latroche

Nice! You could have changed the fibo retracement value too, by decreasing it to 61.8 or 50

Unfortunately, changing the retracement value does not help. Please check it out. 

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ArbTrade

Can you please post the latest version of the set file (v 2.38)? Since this morning (after updating from 2.36 to 2.38) I did not get any trade. Thanks.