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Showing posts with label Trailing Profit. Show all posts
Showing posts with label Trailing Profit. Show all posts

FiboPivotCandleBar Expert Advisor for MetaTrader 4

FiboPivotCandleBar Expert Advisor for MetaTrader 4

Author: Roberto Jacobs (3rjfx)

In this article, I'll explain how to create a standard and simple Expert Advisor (EA) or forex robot by applying Buy or Sell signals from the FiboPivotCandleBar indicator for MetaTrader 4.

First, let me explain that the FiboPivotCandleBar indicator for MetaTrader 4 is an indicator I created and have been sharing for free in the MQL5 Library since 2015. However, I have never applied the signals inan Expert Advisor or forex robot until now. This article won't delve into the Fibonacci and Pivot Point strategies, as they require a dedicated and lengthy discussion.

To create this Expert Advisor, I used the latest Event Handling Functions from MQL4 and several key properties and attributes that adhere to good MQL4 programming standards.
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