FiboMACD BreakAlert Scanner

🔍 Step 1: Wait for the Fibo Alert to Appear

• The entry point shows up automatically on the chart (fibo breakout or entry signal).

• This signals a potential trading opportunity.

🔄 Step 2: Confirm Multi Time Frame Trend

• Check the trend across all major timeframes: MN1, W1, D1, H4, M30, etc.

• Only enter if the majority trend aligns:

  • All BUY → open a BUY position

  • All SELL → open a SELL position

• This ensures you trade with the “main market flow.”

🎯 Step 3: Entry & Risk Management

• Entry: at the exact fibo alert point (precise and well-measured entry).

• Stop Loss: set at the stop loss level indicated by the fibo level.

• Take Profit: target a minimum risk-reward ratio of 1:2 (e.g., stop loss 20 pips, target 40 pips).

• Position sizing: adjust according to max risk per trade (1-2% of your account).

🚪 Step 4: Exit

• Close the trade when the target is reached.

• Or exit if the multi time frame trend changes (indicating a reversal).

• Avoid holding losing trades for too long.

💡 Why This System Works:

• ✅ Trades align with multi time frame trend → fewer false signals

• ✅ Precise entry at fibo alert points → better odds

• ✅ Strict risk management → protects your capital

• ✅ Easy to follow and monitor

💰 Real Example of Profit:

• +463 Pips in one setup!

• Consistent capital preservation with well-defined stop loss.