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- Trading Robots
- FIBO Trend EA mt4
FIBO Trend EA mt4
Find the Right Edition That Fits You
Scalperology Ai MT5
Try Demo 🏆
Global
Pairs:
AUD/JPY
AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit:
37.65%
7-Day Profit:
35.49%
Support:
24х7 via Telegram
Breakopedia Ai MT5
Free 🎁
Global
Pairs:
AUD/JPY
AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit:
24.18%
7-Day Profit:
17.76%
Support:
Developer
Overview of FIBO Trend EA MT4
The FIBO Trend EA MT4 is a sophisticated trading robot designed to leverage Fibonacci retracement levels to identify potential trading opportunities. This expert advisor (EA) is tailored for MetaTrader 4 (MT4) and offers a range of features that make it a valuable tool for both novice and experienced traders.Key Features
- Multi-currency trading functionality
- Mobile trading panel for managing auto-trading functions
- Blocks new orders if the allowed drawdown level is exceeded
- Optimized for specific currency pairs: AUDCAD, AUDNZD, NZDCAD, GBPJPY
- Recommended timeframe: M15
- Comprehensive settings for customizing trading strategies
Trading Strategy
The FIBO Trend EA MT4 employs a trend-following strategy based on the FIBO Trend PRO indicator. This indicator uses Fibonacci levels to determine entry and exit points, ensuring trades are made in alignment with the prevailing market trend. The EA also incorporates a drawdown reduction function to manage risk effectively.Settings and Customization
The EA offers a wide range of settings that allow traders to customize their trading strategies. Some of the key settings include:- Lot Size: Determines the size of each trade
- TakeProfit: Sets the take profit value, either fixed or based on Fibonacci levels
- StopLoss: Sets the stop loss value, either fixed or based on Fibonacci levels
- TrailingSL: Enables trailing stop to lock in profits
- MagicNumber: Unique identifier for the EA's orders
- Slippage: Maximum allowable slippage when closing an order
Performance and Reviews
The FIBO Trend EA MT4 has received positive reviews from users, with many praising its reliability and effectiveness in various market conditions. It has a high rating and is considered one of the best EAs for trend trading using Fibonacci levels.Advantages
- Highly customizable to fit different trading styles
- Effective risk management features
- Supports multiple currency pairs and timeframes
- Easy to use with a user-friendly interface
- Provides real-time notifications and alerts
Conclusion
The FIBO Trend EA MT4 is a powerful tool for traders looking to capitalize on market trends using Fibonacci retracement levels. Its advanced features, combined with its ease of use and positive user feedback, make it a valuable addition to any trader's toolkit. Whether you're a seasoned trader or just starting, this EA offers the flexibility and performance needed to succeed in the Forex market. 🚀📈
Ready to dive into the world of automated Forex trading? Our in-depth review of the FIBO Trend EA mt4 will guide you through its features, performance, and user feedback. Discover how this trend strategy, leveraging the power of Fibonacci levels, can potentially transform your tr ...
Release Date: 25/11/2020