EA RoboFibo V12 Source Code MQ4 + Setfiles

EA RoboFibo Introduction

EA RoboFibo brings next-generation automated trading to your MetaTrader 4 platform by combining powerful Fibonacci retracement strategies with breakout detection and intelligent grid execution. This versatile EA is specifically designed to scan and capitalize on trading opportunities across all major currency pairs including USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF, and CNY.

Key Highlights

• Advanced Multi-Strategy Approach: Combines Fibonacci retracement levels with breakout strategies and grid-based trade execution to capitalize on various market conditions and price movements.
• PendingStopReverse Mode: Utilizes intelligent pending stop orders that adapt to market direction, designed specifically to capture strong breakout moves with precision timing.
• Fibonacci-Based Grid System: Aligns trades with key market structure using strategic Fibonacci levels for optimized entry points that respect natural support and resistance zones.
• Multi-Indicator Confirmation: Employs RSI (14), Moving Average (60), and 1-hour candle filters to validate trade signals before execution, significantly reducing false entries.
• Adaptive Money Management: Features flexible risk parameters suitable for both conservative and aggressive trading styles, with options for fixed lots, risk-based scaling (Autolot), and optional lot exponent scaling.
• High-Impact News Filter: Automatically pauses trading before and after major economic events (configurable up to 60 minutes) to protect capital during volatile market reactions.
• Impressive Performance Metrics: Backtest results show a profit factor of 1.98, win rate of 81.75% across 630 trades, with the ability to double initial capital within a month of trading AUDCAD.
• Drawdown Management: While delivering strong returns, users should note the maximum drawdown of approximately 33-34% in backtests, indicating the need for proper risk management settings.

EA RoboFibo Recommended

• Trading Platform: MetaTrader 4 (MT4)
• Pairs: All major currency pairs (USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF, CNY) with specific optimization for AUDCAD
• Supported Accounts: ECN and Standard accounts
• Timeframe: M5, M15, M30, H1 (with primary optimization for M5)
• Trading Time: 24/5, with news filter protection for high-impact events
• Minimum Deposit: $100+ (with appropriate risk settings); $2,000+ recommended for optimal performance

Installation and Usage Tips

• Risk Management Settings: Control exposure with “Risk” parameter (default 1.6) for percentage-based position sizing or use “FixedLots” (0.01-0.1 recommended for $100-2,000 accounts).
• Lot Scaling Options: Adjust “LotsExponent” (default 1.1) to control position size increases in grid series – lower values for conservative approach, higher for more aggressive scaling.
• Virtual Take Profit and Stop Loss: Enable/disable with Boolean parameters (UseTakeProfit, VirtualTakeProfit, UseStopLoss) and set pip values accordingly (TakeProfit: 500, StopLoss: 100 by default).
• Currency Filter Controls: Use Force[Currency] parameters (ForceCNY, ForceEUR, ForceGBP, ForceJPY, ForceUSD) to enable/disable specific currency pairs for trading.
• News Filter Setup: Configure pausing periods before/after high-impact economic events to protect capital during volatile market reactions.
• Magic Number: Set unique identifier (default: 1) to distinguish EA orders when running multiple instances or alongside other EAs.
• Trailing Stop Configuration: Enable dynamic profit protection with “TrailingStop” parameter (default: 20 pips) to lock in profits during favorable price movements.

EA RoboFibo Review

EA RoboFibo delivers solid performance through its unique combination of Fibonacci, breakout, and grid strategies. The 81.75% win rate and 1.98 profit factor are impressive, though the 33-34% maximum drawdown requires careful capital management. The EA excels at capturing breakout moves and maintaining favorable risk-reward ratios across hundreds of trades. This system is best suited for traders with at least $2,000 capital who understand and can tolerate moderate drawdowns. The news filter functionality provides essential protection during volatile market events, addressing a common challenge for automated systems.

• Backtest results show consistent performance across 630 trades with an 83.54% win rate on short positions and 79.87% on long positions, demonstrating balanced effectiveness regardless of market direction.
• The EA demonstrated significant profit generation capacity, turning an initial $2,000 deposit into approximately $4,100 within a one-month testing period on AUDCAD M5 timeframe.
• Maximum drawdown reached 33.88% ($726.88) of the account balance, indicating the EA employs an aggressive strategy that requires proper risk settings and adequate capitalization.
• The profit factor of 1.98 indicates the strategy generates nearly $2 in profits for every $1 lost, showing positive expectancy despite the notable drawdown level.

Why Choose EA RoboFibo

• Complete Source Code Access: Unlike black-box EAs, EA RoboFibo provides full MQ4 source code, allowing traders to understand the strategy, customize parameters, and adapt the system to their specific requirements.
• Multi-Strategy Approach: Combines three powerful methodologies (Fibonacci retracement, breakout detection, and grid execution) into a single cohesive system that can adapt to various market conditions.
• Prop Firm Challenge Ready: With intelligent risk management, news filtering, and high win rate, the EA is specifically optimized for passing prop firm evaluations while maintaining consistent performance.
• Advanced Order Management: The PendingStopReverse mode places intelligent orders that adapt to market conditions, significantly improving entry timing compared to traditional market or limit orders.
• Proven Performance: Backtests demonstrate the ability to double account balance within a month while maintaining a win rate above 80% across hundreds of trades.

Conclusion

EA RoboFibo Source Code MQ4 offers a sophisticated yet accessible automated trading solution that combines Fibonacci, breakout, and grid strategies with intelligent risk management. The system delivers impressive win rates and profit factor, though traders should properly account for the 33-34% maximum drawdown. This EA is best suited for intermediate to advanced traders with adequate capital ($2,000+) who value transparency and want a customizable solution for volatile market conditions. The complete source code access provides invaluable flexibility for those who want to understand and optimize their trading strategy.

Ready to Use EA RoboFibo Source Code MQ4?

• Telegram: https://t.me/+TT_oy2yBiQZjZjE1
• Address: 1161 36th St, Emeryville, CA 94608
• Phone: (510) 555-2412
• Email: [email protected]
• Website: cheapforexea.com

EA RoboFibo Source Code MQ4 Download Packages:

• Link download experts:
  • EA RoboFibo Source Code MQ4 (unlimited).ex4
• Presets