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Fibonacci Swing Scalp

30 USD

Demo downloaded: 255

Published: 17 June 2015

Current version: 108.19

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Fibonacci Swing Scalp

Indicators
Andy Ismail
Version: 108.19
Updated: 26 August 2019
Activations: 5

Fibonacci Swing Scalp (Fibonacci-SS)

This indicator automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with an auto Pending Order (Buy/Sell), Stop Loss, Taking Profit 1, Taking Profit 2 and the best risk and reward ratio.

This is a very simple and powerful indicator.

This indicator's ratios are math proportions established in many destinations and structures in nature, along with many human produced creations. Finding out this particular ahead of the marketplace and getting the best alternative indicators will provide you a large advantage over the majority of Forex traders.

The product is suitable for swing or scalp trading with any timeframe. You can combine it with momentum or oscillator indicators, such as CCI, RSI, or Stochastic for the best results.

Parameters

Depth - shift = counted bars - depth (default 12).
Deviation - the higher/lower price deviation (default 5).
Backstep - show entry points in history on the chart for visual analysis.
Alert - enable/disable push alerts when price touches the Fibo area.

more...

Screenshot #1 Fibonacci Swing Scalp

Screenshot #2 Fibonacci Swing Scalp

Screenshot #3 Fibonacci Swing Scalp

Screenshot #4 Fibonacci Swing Scalp

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This is an indicator for finding the strongest trend each day, suitable for intraday trading or a swing trading. See the live performance at : https://www.mql5.com/en/signals/93383 How to Use: RED BAR means Bearish Trend for the next candle GREEN BAR means Bullish Trend for the next candle ORANGE BAR means Sideways Trend for the next candle Example: If we are using D1 timeframe, see the last BAR, if the bar is RED BAR, open short/sell for today. If we are using H1 timeframe, see the last BAR,

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This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high. With adjustable Fibonacci range and has an alert function. How to use Fibonacci Risk Reward Ration (R3) into trading strategy Forex traders use Fibonacci-R3 to pinpoint where to place orders for market entry, for taking profits and for stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off of support and resistance levels. Fibonacci retracem

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This indicator is customized for binary option trading like M1 timeframe or turbo option trading. The way a binary option works is from the traders perspective is that you choose whether or not a certain underlying asset (a stock, commodity, currency etc.) is going to go up or down in a certain amount of time. You essentially bet money on this prediction. You are shown how much money up front you will earn if your prediction is correct. If your prediction is wrong, you lose your bet and the mone

This indicator is another variant of the famous powerful indicator Fibonacci-SS https://www.mql5.com/en/market/product/10136 but has different behaviour in placing Pending Order and TP Line. Automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with: An auto Pending Order (Buy/Sell). Taking Profit 1, Taking Profit 2 is pivot point and Taking Profit 3 for extended reward opportunity. The best risk and reward ratio. Simple and powerful indicat

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This indicator is a proof of concept of pyramid trading strategy. It draws fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. What is Pyramid Trading Strategy? The pyramid forex trading strategy is a something every forex trader should know about because it makes the difference between making some pips with some risk in only one trade or some pips with less the risk by applying the pyr

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