Well, you can find a lot by searching on google. But I think u have already done searching and now want to find a tested system. I have never used fibo so if I can find one here then good.

Originally posted by uniquetrader

Well, you can find a lot by searching on google. But I think u have already done searching and now want to find a tested system" />. I have never used fibo so if I can find one here then good.

Yea, I have searched over google. But I want to know if any EA is based on fibo.

Originally posted by Jogi

I have seen many free systems using EMAs, SMAs, MACD etc. Does anyone of you use fibonacci in ur trading? If anyone of you can share a free fibo system, it would be much appreciated. I am learning fibo series but so far I cannot find a good fibo system.

Have u tried fexea? You can find many free EAs there. I hope u will find EAs with fibo. But why r u searching for EA if u wan to learn fibo? you should go for written or video material on fibo.

Originally posted by Jogi

I have seen many free systems using EMAs, SMAs, MACD etc. Does anyone of you use fibonacci in ur trading? If anyone of you can share a free fibo system, it would be much appreciated. I am learning fibo series but so far I cannot find a good fibo system.

I have searched it over google. I went to few forums and free EA sites. I can only find some fibonacci indicator details and instructions on how to use it. I cannot find any free EA. A couple of traders were selling EA which uses fibonacci at small fee. But I dont think a successfull EA can be sold around $50.

In my opinion, fibonacci is mainly used as indicator. Maybe if u train urself and make a successful strategy then u can hire a programmer to make an EA.

Hello fibo-searcher :D. Maybe someone here can give u an EA made by himself. Even though chances r minor that u will get a good EA but maybe very basic version of a successful EA.

Originally posted by ironical

Hello fibo-searcher :D. Maybe someone here can give u an EA made by himself. Even though chances r minor that u will get a good EA but maybe very basic version of a successful EA.

How about this one http://forex-strategies-revealed.com/fibonacci-system. This website gives usefull information about many forex indicators and strategies.

Originally posted by Sasha

How about this one http://forex-strategies-revealed.com/fibonacci-system. This website gives usefull information about many forex indicators and strategies.

These strategies are given by different users. I think we need to see if these strategies are tested by someone or not. M

Originally posted by Sasha

How about this one http://forex-strategies-revealed.com/fibonacci-system. This website gives usefull information about many forex indicators and strategies.

Thx for a tip. There r many other strategies too. that is good.

I think that fibs need a lot of pattern recognition that is absent from EAs - you have to place the fibs at highs and lows, and computers are generally bad at doing this.  Fibs are very much best used manually.