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Case CUT Switch Fibo Daily

From the Old Kings archive: Case CUT Switch Fibo Daily, an expert advisor (trading robot) for MetaTrader 4. Judging by its name, it is built around Fibonacci retracement or extension levels. It raises the lot size after losses (martingale — high risk). It has 9 settings, for example Lots Manager (default 1000), Martingale (default 2) and Max Level (default 3). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v1.0 · Free

About Case CUT Switch Fibo Daily

Case CUT Switch Fibo Daily is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale). It has 9 settings, such as Lots manager, Martingale and Max level. MQL source code included.

Files in the download: CASE CUT SWITCH FIBO DAILY.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Lots manager1000Lot Manager
Martingale2Martingale
Max level3Max Level
Take profit200Take Profit
Stop loss200Stop Loss
Magic423Magic No
CommentDAILY FIBOID Comment
Entry level0.16Entry Level
Fibo framePERIOD_D1Fibonacci Timeframe

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Fibonacci · Martingale · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria