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It very important to understand Fibonacci tool and how to use it before trading on live account.
I have been looking for away to deeply understand the Fibonacci Time Zones, if any one can give me some links where I can read and deeply understand Fibonacci Time Zones, I welcome it any time.
Sergey I really want to "thank you" for sharing the thread to the goldenmuseum, it really help.
Interesting EA was published yesterday on CodeBase -
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FiboPivot - expert for MetaTrader 5
The Expert Advisor calculates three levels of support and resistance on the basis of a percentage (the numbers 138.2, 100.0 and 61.8 are used by default). Pending orders are placed only at the moment of the birth of a new bar on the D1 timeframe (before that, existing positions and non-triggered pending Stop orders are forcibly closed).
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Fibo & Gann variations
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