FiboPivotsIndicator

FiboPivotsIndicator is the indicator for intraday traders looking for key breakout levels and target levels on the chart. It uses automatic Fibonacci extensions and pivot points to highlight price event areas.
 
FiboPivotsIndicator  is a unique combination of Fibonacci extensions and pivot points for price action traders.

This breakout trading tool is suitable for both trend following and swing trading strategies. Indicators such as moving averages, stochastics and RSI are well suited for this Indicator

FiboPivotsIndicator makes trading quite easy. This simple MT5 trading indicator only requires you to follow a few simple rules.

For buy orders, wait until the price breaks the pivot levels. Execute a buy order whenever the price candle closes above the market reversal. Also set your stop loss below the current market low.

You will find three Fibonacci levels above and below the baseline. These Fibonacci extension levels show possible price targets. So, when you are in a buy order, target the higher Fibonacci channel as your take profit levels.

This indicator plots a Fibonacci extension channel based on the 38%, 50% and 62% price retracement levels. Target higher Fibonacci extensions for greater returns than planned risks.

A price break below the pivot level signals a bearish breakout. In this case, we will open a sell order below the pivot area. In addition, we will place a stop loss above the recent market high.

When you are in a sell order, hold the entry until the price hits the Fibonacci channel area. Exit the sell order whenever the price refuses to break below the Fibonacci support.

Please note that when trading with FiboPivotsIndicator, you must aim for a profit of at least 2R compared to the planned risk.



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Atomic Analyst — MetaTrader 5 Message me on MQL5 after purchase to receive Smart Universal Expert Advisor for FREE, plus the online course, PDF manual, and private group access. Atomic Analyst brings price action, trend direction, entry and exit signals, Stop Loss and multiple Take Profit levels together on your chart. SEE THE SIGNAL. UNDERSTAND THE SETUP. Atomic Analyst organizes its analysis into clear visual information: • Buy and sell arrows to identify potential entries. • Stop Loss and mul
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Each buyer of this indicator also receives the following for free: The custom utility "Bomber Utility", which automatically manages every trade, sets Stop Loss and Take Profit levels, and closes trades according to the rules of this strategy Set files for configuring the indicator for various assets Set files for configuring Bomber Utility in the following modes: "Minimum Risk", "Balanced Risk", and "Wait-and-See Strategy" A step-by-step video manual to help you quickly install, configure, and
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Georgios Kalomoiropoulos
Indicators
Quant Direction is a 3 dimensional market analysis tool. It provides a purely objective, algorithmic view of the market by calculating exact percentage-based biases across multiple dimensions simultaneously. Developed utilizing advanced AI modeling tools and subjected to thorough testing, this algorithm is engineered to read the market with unique precision. It can analyze any currency pair or financial instrument available on your platform.  Quant Direction is the ideal tool whether you are a S
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SMC PRO TOOLKIT — SMART MONEY ANALYSIS & STRUCTURED TRADE PLANNING SMC Pro ToolKit is a professional Smart Money Concepts analysis workspace for MetaTrader 5. It combines market structure, multi-timeframe analysis, institutional price zones, setup evaluation, confirmation tools, volume context, alerts, and risk planning inside one organized chart environment. One workspace. Multiple layers of confirmation. One structured trading plan. OPEN COMPLETE USER GUIDE MULTI-CONDITION SETUP ENGINE At
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