Ultra Advanced FibonacciPro
- Indicators
-
Marcel De Oliveira Farias
NexQuantumX (NQX) develops trading tools for MetaTrader 5 and MetaTrader 4: technical indicators and Expert Advisors built on one consistent risk engine. - Version: 1.0
- Activations: 10
Ultra Advanced FibonacciPro is a Fibonacci indicator for MetaTrader 4. Fibonacci levels are widely used to study pullbacks and possible reaction areas within a price swing.
Main features
- Fibonacci-based analysis of price swings
- Helps locate possible pullback areas
- Useful for planning reference levels for stops and targets
- Easy to use
- A demo version is available for testing
Recommended settings
Time-frames: M30, H1, H4
Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY
How to use
Use the Fibonacci areas as references for your own analysis, and decide with your own risk management.
Trading involves risk. Past performance does not guarantee future results.
Questions and suggestions are welcome in the Comments section.
