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MT5 expert advisorfree on MQL5by Claus Nordhausen
Quoted from the listing. We have not tested these claims.
Compiled from its public MQL5 listing. FxRobotEasy has not traded BtcFiboTrendPullback; what these notes say about how it works comes from that listing.
BtcFiboTrendPullback stands out because it narrows entries to the classic 0.618 retracement window and pairs that with an EMA bias option, reducing countertrend noise. The algorithm first detects a swing via lookback highs or lows, projects the Fibonacci retracement, and then waits for price to enter the configurable tolerance range before placing a trade in the EMA-confirmed direction. Claus Nordhausen coded the Expert Advisor for MT5, emphasizing transparent, rule-based signals and parameter clarity so traders can replicate results in backtests and live accounts.
The risk management combines ATR-based stops and fixed or percentage position sizing to keep drawdowns measurable. Expected performance characteristics include moderate trade frequency, higher win rate on continuation moves, and occasional longer tails when trend reversals occur. The EA is configurable for aggressive or conservative sizing and can be fine-tuned on MT5 to suit different account sizes, instrument volatility, and timeframes.
BtcFiboTrendPullback presents a moderate risk profile when used with recommended settings. The stop loss strategy applies ATR multiplied by a configurable factor, which scales to market volatility and helps prevent one-off trade blowups. Position sizing should follow a fixed percentage or volatility-based approach so each trade risks a small portion of capital, typically 0.5% to 2% per trade depending on risk tolerance. Vulnerabilities include sudden trend reversals, high-impact news events, and low-liquidity sessions that can widen spreads and slippage. For live deployment a recommended account size starts at a few thousand USD for forex pairs, scaled upward if trading higher volatility instruments or larger lot sizes.
Listed strengths
Worth checking
Install the BtcFiboTrendPullback Expert Advisor file into the MT5 Experts folder and refresh or restart the terminal to enable the EA. Attach the EA to your chosen chart and enable automated trading in MT5, then configure key parameters such as lookback bars, 0.618 tolerance, ATR multiplier for stop loss, and EMA period for trend filtering. Prefer brokers with low spreads, fast execution and reliable history data for backtests. Optimal chart timeframes are H1 and H4 for balanced signals; use M15 for higher frequency testing only. Begin with thorough backtests, forward testing on a demo account, and then small live sizing before scaling.
Free to try · from FxRobotEasy
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
FxRobotEasy on Telegram
The team's notes, every day
| BtcFiboTrendPullback | Trendopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Claus Nordhausen | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.