Fibonacci Channel & Time Zones EA

The Fibonacci Channel & Time Zones EA is an advanced MetaTrader 4 Expert Advisor designed for 5-digit brokers. It combines price and time Fibonacci analysis with engulfing candle confirmation to identify high-probability entry points. Perfect for traders who want institutional-style analysis with automated trade execution.

Key Features:

1. Fibonacci Price & Time Zones

• Applies Fibonacci ratios to both price and time.

• Automatically detects swing highs/lows to set anchor points.

• Draws horizontal (price) and vertical (time) Fibonacci levels for easy visualization.

• Highlights Potential Reversal Zones (PRZ) for precise entry.

2. Advanced Trade Filters

• Engulfing candle confirmation.

• Spread filter (avoid trading during high spreads).

• Multi-entry support with customizable staggered entries.

• Activity cap to prevent overtrading.

3. Money Management

• Risk % based position sizing.

• Optional fixed lot size mode.

• Minimum and maximum lot size control.

• Automatic lot rounding based on broker rules.

4. Stop Loss / Take Profit

• Dynamic SL using ATR or fallback fixed pips.

• TP automatically calculated using Fibonacci extensions (1.272, 1.618, 2.618).

• Break-even and trailing stop options to secure profits.

5. User-Friendly Features

• Panel display showing:

  • Current spread, PRZ, signal direction

  • Number of open buy/sell trades

  • Recent activity, break-even and trailing stop updates

  • Lot mode and risk settings

• Pause trading mode.

• Minimum free margin and max drawdown protection.

6. Multi-Timeframe & Broker Ready

• Works on all MT4 5-digit brokers.

• Automatically adapts to the current chart timeframe.

• Supports multiple symbols if attached to different charts.

Inputs / Customization

• Magic Number

• Allow Long / Short trades

• Max Spread, Slippage, Max Open Orders

• Risk % / Fixed Lot

• ATR period and multiplier

• Break-even / Trailing start & step

• Swing Lookback for Fibonacci calculation

• Price and Time Fibonacci ratios

• Multi-entry options (enable/disable)

• Panel customization (corner, position, font size)

Benefits

• Identifies institutional-style high-probability trades.

• Reduces emotional trading with automated confirmations.

• Protects capital with dynamic SL, BE, and drawdown filters.

• Visualizes both price and time targets for precision trading.

• Lightweight and stable for long-term automation.

Technical Requirements

• MetaTrader 4 platform (Build 600+ recommended).

• 5-digit broker accounts (EURUSD, GBPUSD, etc.).

• Minimum account balance cent account: $50 (recommended for risk settings).

Included Files

• Fibonacci Channel & Time Zones EA .mq4

• User guide / installation instructions

Support & Updates

• Free lifetime updates for purchased users.

• Email support for setup or troubleshooting.