How does this robot work?
Fibonacci extensions of the world famous mathematician Fibonacci are the reference points for transactions. The Expert Advisor detects price movements between Fibonacci levels and executes trades based on the strategy of pulling back from resistance levels.
Smart management with 3 orders
Instead of making a large trade, the Expert Advisor divides it into 3 parts. All orders are executed independently. In this case, the profitability of the trading robot increases several times! At the same time the trade drawdown is significantly reduced.
Safety first!
We have taken care of protection of trader's capital! Our robot doesn't use dangerous money management methods and each trade has a strict protective Stop Loss order which protects your deposit from big losses.
We create professional software that works without bugs and crashes! It's pure software algorithm that works to your advantage! All our products are tested in the real market and stress-tested!
So, the Expert Advisor tracks the dynamics of quotes movement and makes deals at certain Fibonacci levels. Fibonacci levels are one of the most accurate tools for analyzing the price chart. Thus, an Expert Advisor knows with about 90% accuracy in what direction the price will move next. The trading volume is divided into 3 parts, which allows scalping the price movement with surgical precision when the quotes roll back from the Fibonacci levels.
- Working symbol EURUSD
- Working Timeframe: M5
- Min deposit: $100