Robo Fibo EA
Fibonacci retracement EA v11.2 · EURUSD/GBPUSD/USDJPY · $500 min · MT4
About Robo Fibo EA
The RoboFibo EA (version 11.2, MQ4 source code, build 1421+), distributed via thetradelovers.com, best-metatrader-indicators.com, and yoforex.org, is an advanced Expert Advisor for MetaTrader 4 that leverages Fibonacci retracement levels combined with moving averages to identify potential entry points with precision.
The EA analyses historical price data to determine the prevailing trend direction, then uses Fibonacci levels to time entries — setting a stop-loss just below the Fibonacci level to minimise risk, with take-profit targets set at the next Fibonacci extension level. It's suitable for EURUSD, GBPUSD, and USDJPY, with a minimum deposit of $500, and incorporates strict risk-management rules that adjust lot sizes based on account balance and risk tolerance.
- Platform: MetaTrader 4 (build 1421+)
- Strategy: Fibonacci retracement + moving-average trend confirmation
- Pairs: EURUSD, GBPUSD, USDJPY
- Min deposit: $500
- Risk management: SL below Fibonacci level, TP at next extension, balance-adjusted lot sizing
- Version: 11.2
- Source: thetradelovers.com · Robo Fibo EA V.11.2 MT4