Introduction
The Forex market is an unpredictable beast, always on the move. As traders, we're always looking for an edge, a way to tame this beast. Enter Forex Fibonacci, a trading robot claiming to provide just that. With mixed user reviews and a rating of 4.43, let's dive in and see if this EA is worth its salt.Description of Functions
Forex Fibonacci is an EA that trades based on Fibonacci retracement levels. It identifies potential entry points when the market is in a trend and aims to take advantage of corrections. If this sounds too good to be true, well, remember this is the Forex market we're talking about.Analysis of Results
So, how has this magic robot fared in the past year? Well, it seems like the answer might depend on who you ask. Some users have been singing its praises, claiming ideal results and fantastic support. But there's always that one, isn't there? Yes, among the glowing reviews, we have one user who simply said, It did not work for me.Pros and Cons
Pros:- The EA trades based on a known and respected trading principle - Fibonacci retracement.
- Some users reported favorable results.
- The developer seems to be responsive and helpful.
- This EA may not work across all market conditions.
- One user claimed it did not work for him.
Source Code of Forex Fibonacci
We don't have access to the original code of Forex Fibonacci sold on MQL5. But, based on the description, our team can put together a code sample. It won't be the genuine article, but it might be the next best thing. If you have any questions about the code, feel free to ask. Just remember, this would be a snippet from easytradingforum.com and our team does not sell Forex Fibonacci EA.
Code:
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