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Thread: HL Fibo Trader

  1. #1
    Administrator funyoo's Avatar
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    Sep 2008
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    Default HL Fibo Trader



    We take the highest value and the lowest value of the x last bars. We have a range (highest-lowest).

    Then we calculate 6 different levels, equal to lowest+range*y ratio.

    Two levels are used for the entry (long and short, dotted lines) and four levels for the exit on profit (bold lines) and loss (dashed lines).

    Code:
    extern double ratiolong=0.618;           // long entry
    extern double ratioshort=0.382;          // short entry
    extern double ratioexitlong=1.0;         // profit
    extern double ratioexitshort=0.0;        // profit
    extern double ratioexitlong2=0.382;      // loss
    extern double ratioexitshort2=0.618;     // loss
    EU M30. 2010.

    Total net profit : 3103.22%
    RDD : 29.37%

    Note : the indicator is not needed. Test first with fixed lots then adapt the mm according to your broker trading conditions.

    Download : HL Fibo Trader (available in the Elite section).
    Attached Images Attached Images HL Fibo Trader-strategytester-hl-fibo-trader-eu-m30-gif 
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  2. #2
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default HL Fibo Trader

    New version.

    EU M30. Since 2000.

    Total net profit : 1465.41%
    RDD : 29.11%

    Download : HL Fibo Trader (available in the Elite section).
    Attached Images Attached Images HL Fibo Trader-strategytester-hl-fibo-trader-v1-02-eu-m30-gif 
    Attached Files Attached Files

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