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Name: FiboPlusWaveRunner
Version: Latest Version
Developer by: Sergey Malysh
The Right Platform: Meta Trader 4 (MT4)
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FiboPlusWaveRunner MT4 – Elliott Wave & Fibonacci Precision Trading Engine
With over 20 years of market experience, I consider FiboPlusWaveRunner MT4 one of the most refined systems combining Elliott Wave Theory and Fibonacci Retracement for high-accuracy trend and reversal detection.
This Expert Advisor (EA) provides both automated trading and an advanced visual interface for traders who want to analyze waves, identify key market structures, and manage risk with confidence.
Supporting 14 major instruments including EURUSD, GOLD, OIL, and Bitcoin, the system acts as a complete analytical and trading framework suitable for all market conditions.
🔹 1. Automatic Elliott Wave Identification
The EA marks both primary and alternative wave counts directly on the chart, helping traders quickly identify the phase of the market.
🔹 2. Smart Fibonacci Superposition
Automatically applies Fibonacci retracement and extension levels on Waves 1, 3, 5, and A to determine:
Ideal pullback zones
Profit targets
High-probability entry areas
🔹 3. Auto-Generated Support/Resistance & Channels
The system automatically plots:
Support & resistance
Horizontal levels
Trendlines
Price channels
→ delivering full market structure without manual analysis.
🔹 4. Manual + Automatic Trading Modes
A rare EA offering:
100% automated trading, or
Semi-manual trading using a professional visual panel
→ Perfect for both beginners and experienced traders.
FiboPlusWaveRunner is built on a Pattern-Based Wave Trading approach, combining confirmed Elliott Wave structures with Fibonacci retracement for precision execution.
🔹 Instant SL/TP Mapping
The EA provides:
Accurate Stop Loss based on wave structure
Layered Take Profit targets using Fibonacci
→ Fast, disciplined trade execution.
🔹 Real-Time Risk Evaluation
Automatically calculates the profit factor for the first target before any trade is triggered.
🔹 Pattern-Aligned Entries
Trades are only taken when Elliott Wave structure and Fibonacci levels align, ensuring high-probability entries.
⭐ 1. Dual Trading Mode in One EA
Switch freely between automated and semi-manual operation.
⭐ 2. Trade Like an Elliott Wave Expert — Without Studying It
Wave markings, Fibonacci levels, SL/TP zones…
Everything is visualized for you → perfect for traders who want Elliott Wave precision without the complexity.
⭐ 3. Exceptional Visual Clarity
The EA displays:
Wave counts
Targets
Fibonacci zones
S/R structures
→ Making complex analysis incredibly simple.
⭐ 4. Multi-Asset Flexibility
Supports 14 major assets across:
Forex
Gold
Oil
Bitcoin
→ One EA that covers your entire trading portfolio.
The FiboPlusWaveRunner MT4 delivered an impressive one-month backtest performance on the EURUSD pair, showcasing clean execution and high-precision wave-based entries. The system maintained flawless trade accuracy while keeping drawdown exceptionally low, confirming its reliability even in short-term market conditions.


| Name | Fit |
|---|---|
| Trading platform | Meta Trader 4 (MT4) |
| Time frames | Any |
| Currency pairs | Forex, Gold, Oil and BitCoin |
| Min / Recommended deposit | $500 |
| Min / Recommended leverage | Any |
| VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗