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Automatic fibonacci with alerts (MT4) — review, price and free alternatives
MT4 indicator$30 on MQL5by Tonny Obare
Automatic fibonacci with alerts is a MetaTrader 4 indicator by Tonny Obare, sold on the MQL5 Market for $30. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Automatic fibonacci with alerts — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Tonny Obare
- Price
- $30
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Automatic fibonacci with alerts on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator.
Before you buy Automatic fibonacci with alerts
What the developer claims
- You can select which level values to be displayed in the indicator settings.
- You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Automatic fibonacci with alerts
Compiled from its public MQL5 listing. FxRobotEasy has not traded Automatic fibonacci with alerts; what these notes say about how it works comes from that listing.
Overview
Automatic fibonacci with alerts by Tonny Obare represents a comprehensive automated trading solution for MT4 traders. What sets Automatic fibonacci with alerts apart is its balanced approach to trade execution and capital preservation.
Risk notes
Automatic fibonacci with alerts implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Tonny Obare
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Automatic fibonacci with alerts on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Automatic fibonacci with alerts or Scalperology AI?
| Automatic fibonacci with alerts | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($30) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Tonny Obare | FxRobotEasy |
Automatic fibonacci with alerts — questions
What is Automatic fibonacci with alerts?
Automatic fibonacci with alerts is a MetaTrader 4 indicator published on the MQL5 Market by Tonny Obare, priced at $30 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Automatic fibonacci with alerts work on MT4 or MT5?
Automatic fibonacci with alerts runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Automatic fibonacci with alerts cost?
Automatic fibonacci with alerts is a paid product listed at $30 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-11-27. It is sold and downloaded through the developer's (Tonny Obare) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Automatic fibonacci with alerts?
FxRobotEasy has not traded Automatic fibonacci with alerts on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Automatic fibonacci with alerts elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.