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Zenith Fibonacci Trader

Zenith Fibonacci Trader — MT5 expert advisor, supplied with source code and a compiled file. Source metadata: Zenith Fibonacci Trader (MT5 native port) Declared inputs include: MagicNumber, SignalTimeframe, LotMode, FixedLotSize, RiskPercentValue, StopLossMode, StopLossValue, TakeProfitMode, TakeProfitValue, MaxSpreadPips, SlippagePips, StopBufferPoints, AllowBuy, AllowSell, CloseOnOpposite, MaxOpenPositions. Description extracted from the supplied source metadata. Compilation compatibility, runtime behavior and trading results have not been independently verified.

Expert advisor · MT5 · v1.00 · Free

About Zenith Fibonacci Trader

Zenith Fibonacci Trader is an expert advisor (trading robot) for MetaTrader 5. It trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 35 settings, such as Magic number, Signal timeframe and Lot mode. MQL source code included.

Files in the download: Zenith_Fibonacci_Trader_MT5.mq5, Zenith_Fibonacci_Trader_MT5.ex5.

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

Settings

SettingDefaultWhat it does
Magic number844521Magic number that tells this EA's orders apart
Signal timeframePERIOD_CURRENTPeriod or timeframe used by the calculation
Lot modeRiskPercent
Fixed lot size0.10
Risk percent value1.00Risk per trade (percent of balance)
Stop loss modePipsStop loss distance
Stop loss value30.0Stop loss distance
Take profit modePipsTake profit distance
Take profit value55.0Take profit distance
Max spread pips3.0Maximum spread allowed to trade
Slippage pips2Maximum slippage allowed when opening a trade
Stop buffer points5
Allow buytrue
Allow selltrue
Close on oppositetrue
Max open positions1
Min entry spacing pips0.0
Trading sessionAll
Custom start hour0Hour when trading starts (server time)
Custom end hour23Hour when trading stops (server time)
Session hour offset0
Trade mondaytrue
Trade tuesdaytrue
Trade wednesdaytrue
Trade thursdaytrue
Trade fridaytrue
Trade saturdayfalse
Trade sundayfalse
Fast period12Period or timeframe used by the calculation
Slow period36Period or timeframe used by the calculation
Signal period9Period or timeframe used by the calculation
Rsi period14Period or timeframe used by the calculation
Adx period14Period or timeframe used by the calculation
Atr period14Period or timeframe used by the calculation
Lookback period26Period or timeframe used by the calculation

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Experts.
  3. Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
  4. Open the .mq5 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 · Time Filter · Risk & Lot Size · MT5 Expert Advisor · MQL5 Source Code

Expert advisors (EA) for MT4 & MT5 · PolyMaria