Adaptive Fibonacci Grid Trading with Trend Filters, Hedging, and Equity Controls

Summary

The document describes an Expert Advisor that places buy and sell orders at expanding Fibonacci-based intervals, adjusting grid spacing and position sizes to market conditions. Its proposed filters combine Market Profile value areas with ADX trend strength and moving-average or MACD direction across timeframes. Entry conditions may also require consecutive bars, volume confirmation, and optional ATR or RSI checks. Hedging, partial closes, trailing stops, breakeven triggers, position limits, and equity-based closure rules are presented as risk controls.

The stated use case is liquid currency pairs and gold on intraday timeframes in medium-to-high volatility conditions. The document supplies feature descriptions but no backtest, live trading evidence, or quantified risk analysis. It explicitly characterizes the EA as unfinished and unsuitable for live trading without substantial updates. Because the method can increase position sizes as the grid expands, its controls do not establish that losses are capped or that the strategy will withstand sustained adverse price movement.

Key ideas

• The system expands grid spacing and position sizes using Fibonacci ratios as conditions change.
• Market Profile, ADX, and moving-average or MACD signals are used to filter entries by location and trend direction.
• The design includes hedging and several trade-level and account-level exit controls.
• The document provides no performance evidence or quantified evaluation of its risk controls.
• The author describes the system as a work in progress that is intended for testing rather than live trading.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.