• Overview
  • Reviews (3)
  • Comments (23)
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Fibonacci Swing Scalp Two

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:

  1. An auto Pending Order (Buy/Sell).
  2. Taking Profit 1, Taking Profit 2 is pivot point and Taking Profit 3 for extended reward opportunity.
  3. 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.
Reviews 3
rainwalker123
3038
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
19
Adamo14 2015.10.03 20:38 
 

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

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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 BA
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Supplement for Alpha Trend Spotter (ATS) Indicator: https://www.mql5.com/en/market/product/8590 This indicator acts by price action. Use it when ATS shows clear Bullish or Bearish Trend for finding the strongest trend each day. Suitable for timeframes M5, H1, H4 and D1. Suitable for Binary Option 5 minutes signal. How to Use: RED Arrow means Sell GREEN Arrow means Buy
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Alpha Trend Spotter (ATS) Volume Break Out This is an indicator that combines Volume breakout/breakdown and Moving Average Breakout/breakdown. It is able to predict further price changes. It is not repainted, not recalculated. All lines are shown at the open of a new candlestick, never winking or vanishing in the current candle. These lines are appeared at the beginning of the current candle. Suitable for M5 to D1 Timeframe. How to Use: If Green line appears, that shows the "oversold" area, so t
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This indicator searches for the strongest trend and works on any timeframe. D1 timeframe is recomended. The product features three lines showing fast, medium and slow bars. If red bars appear at each of the three lines simultaneously, there is a strong bearish trend. If green bars appear at each of the three lines simultaneously, there is a strong bullish trend. The indicator does not repaint and can be combined with other indicators. It is also suitable for binary option trading.
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This Indicator will draw support and resistance (SR) in chart and give alert whenever there is a Support or Resistance Breakout. It has a variable to control SR line length (default 100) 500 is recommended. Support and resistance (SR) The concepts of support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade or even the expert traders. As we all know that
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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 retrace
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This indicator automatically draws Support and Resistance lines based on High and Low Candle at every timeframe. Support and resistance have a recurring nature as a trader goes through the process of building a strategy. Because of its importance, it is often reasonable for a trader to build object patterns for incorporating these prices into a strategy. When strong support and resistance levels are found, this can enable traders to effectively plot their approach, manage trades, and adjust risk
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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
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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 a
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This indicator based on Alpha Trend Spotter, Moving Average, and RSI Indicators. Its Customized for H4 (Four Hour) Timeframe where the price do real swing. This indicator doesn't have setting value, just plug and play in H4 Timeframe. Best performance with pairs: EURUSD GBPUSD EURJPY GBPJPY Entry conditions: LINE CROSS ATS < 30, HOLD and then line TOUCHING BACK TO 30 = LONG ENTRY LINE CROSS ATS > 70, HOLD and then line TOUCHING BACK TO 70 = SHORT ENTRY Exit conditions: LONG CLOSE IF CROSS AT
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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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rainwalker123
3038
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

Jamesdelz
2257
Jamesdelz 2016.10.10 09:10 
 

User didn't leave any comment to the rating

Adamo14
19
Adamo14 2015.10.03 20:38 
 

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

Reply to review
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