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Fibonacci Swing Scalp Two

30 USD

Demo downloaded: 760

Published: 11 September 2015

Current version: 108.19

Fibonacci Swing Scalp Two

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

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 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.

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...

3363

rainwalker123 2017.06.29 13:31 #

What, only 5 activations?

This is a superb indicator who works amazing in 1H timeframe.

With help of this indi I had a 120 points winner IN DAX/German 30

With hek

Adamo14 2015.10.03 20:38 #

got it just under 2 weeks ago, works perfectly.thanks

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This indicator 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. With adjustable Fibonacci range and has an alert function. What is Pyramid Trading Strategy? The basic concept of pyramiding into a position is that you add to the position as the market moves in your favor. Your stop loss moves up or down (depending on trade direction of course) to lock in positions. This is how

30 USD

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

30 USD

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rainwalker123 2017.06.29 13:31 #

What, only 5 activations?

This is a superb indicator who works amazing in 1H timeframe.

With help of this indi I had a 120 points winner IN DAX/German 30

With hek

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Jamesdelz 2016.10.10 09:10 #

User didn't leave any comment to the rating

Adamo14 2015.10.03 20:38 #

got it just under 2 weeks ago, works perfectly.thanks

Version 108.19 2019.08.26

New Version Engine Complier

Version 1.2 2016.07.12

Stop Loss level added

Version 1.1 2016.05.10

Price label added