A fishing outrigger with automatic hooksetting is provided by employing a mounting arm having at one end a device for setting the angular position of the mounting arm to a boat and having at the other end a taper and pivot for pivotally mounting and setting the angular position of the mounting arm to a fishing rod support arm which fishing rod support arm includes a device for setting the position of a fishing rod and reel with respect to the fishing rod support arm. The novel fishing outrigger set the pivot or hinge at an angle to the horizon and provides an armed position and a hook setting position triggered by a fish taking the lure or bait.