NineFibo EA MT4 Unlimited

🔢 NineFibo EA MT4 Settings Guide

NineFibo EA is an automated Forex Expert Advisor designed to trade using a Fibonacci-based recovery and trade management strategy.

The EA combines configurable lot sizing, profit targets, grid spacing, trailing stop management, and position limits to help traders automate market entries while maintaining flexible money management.

With adjustable recovery parameters and built-in trade identification, NineFibo EA is suitable for traders seeking a customizable automated trading solution.

NineFibo EA MT4 Settings Panel

🔢 NineFibo EA MT4 Settings Explained

🔶 General Information

🔹 IMPORTANT = For any queries reach us – Displays a support message directing users to contact the developer for assistance.

🔹 Targets = expect Monthly 20-50% Returns – Shows the developer’s expected monthly return target of 20–50% (for informational purposes only, not a guarantee of performance).

🔹 Modal = 500USD standard acc or cent – Recommends a minimum starting account size of 500 USD, either on a standard or cent account.

🔹 Tarikh_Expired = 30-12-3030 – Displays the EA license or expiration date as 30-12-3030.

🔶 Money Management

🔹 LotExponent = 1.4 – Sets the lot multiplier to 1.4, increasing the lot size for subsequent recovery trades.

🔹 Lots = 0.01 – Defines the initial trading lot size as 0.01 lots.

🔶 Trade Management

🔹 TakeProfit = 10.0 – Sets the Take Profit target to 10.0 pips/points for each trade or trading basket.

🔹 StopLoss = 0.0 – Sets the Stop Loss to 0.0, meaning no fixed Stop Loss is applied by default.

🔹 PipsStep = 5.0 – Opens additional recovery or grid trades every 5.0 pips when required by the strategy.

🔹 MaxTrades = 15 – Limits the maximum number of simultaneously opened trades to 15.

🔹 LockProfit = 4.0 – Locks in 4.0 pips of profit once the specified profit condition is met.

🔹 TrailingStop = 2.0 – Activates a trailing stop that follows price at a distance of 2.0 pips to protect unrealized gains.

🔶 System Settings

🔹 magic = 315479 – Assigns the Magic Number 315479 so the EA can uniquely identify and manage its own positions.

🔢 Conclusion

NineFibo EA MT4 provides a straightforward yet flexible configuration focused on automated Fibonacci-style trade management and recovery trading. Its adjustable lot exponent, configurable grid spacing, trailing stop, profit locking, and maximum trade controls allow traders to tailor the EA to different account sizes and risk preferences.

Combined with simple money management settings and dedicated trade identification through the Magic Number, the EA offers a practical framework for automated MT4 trading.

🔢 FAQs

❓ What trading strategy does NineFibo EA MT4 use?

NineFibo EA MT4 is designed around a Fibonacci-inspired recovery and grid trading approach with configurable position sizing and trade management.

❓ Does NineFibo EA MT4 use a fixed Stop Loss?

No. The default configuration sets StopLoss = 0.0, meaning no fixed Stop Loss is applied unless modified by the user.

❓ What does the LotExponent parameter control?

The LotExponent = 1.4 determines how much the lot size increases for each additional recovery trade.

❓ How many trades can NineFibo EA MT4 open at the same time?

The EA allows a maximum of 15 simultaneous trades, as defined by MaxTrades = 15.

❓ What is the purpose of the Magic Number 315479?

The Magic Number uniquely identifies trades opened by NineFibo EA MT4, ensuring the EA manages only its own positions without interfering with other Expert Advisors.