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Fibo Heart Indi

1

Must be owned and used by Fibonacci traders who like to open position by pending order (limit order). The strategy is that you just have to wait for the automatic custom fibonacci appear then manual place your pending order, stop loss and take profit at the level of Fibonacci. The position will be opened when the price make a successful retest. Fibo Heart Indi come with pop-up alert, email and mobile push notification. Suitable for all instruments and all time frames. 

Don't miss the trading setup! Fibo Heart EA will do the pending order on your behalf. You can get it here https://www.mql5.com/en/market/product/38906/

Level details :

1- Monitor Trade = 0 (can be a stop loss level but you free where to put your stop loss)

2- Entry Zones 

  • EP 1 = 0.88 & 0.786
  • EP 2 = 0.5
  • EP 3 = 0.236

3- Take Profit Zones

  • TP 1 = 1.618, 1.786 & 1.88
  • TP 2 = 2.618, 2.786 & 2.88
  • TP 3 = 4.236, 4.786 & 4.88


STANDARD OPERATING PROCEDURE (SOP)

• The SOP is very simple and easy. System will identify the presence of:

  1. Initial Break (IB) or Dominant Break (DB)
  2. Candle Break 1 (CB1) - marked with blue or red color of X symbol (Actually B point of previous ABC pattern)
  3. Retest

• When the 3 conditions are met, the SOP is complete. Fibo will appear on chart to give entry point (EP) and take profit (TP) level

• The probability of a successful trade is in the high percentile ( >80% ) if this simple rule is followed SOP & Money Management

• Never trade against the trend of the market. Always wait for SOP

• As long as no CS closed above the Monitor Trade level the SOP is valid


SIMPLE TIPS ;

  1. For consisten profit always take profit at TP 1 level.
  2. On the chart, look to the left, if the price hit TP 2 or TP 3 usually its completed trend cycle (time to reverse) so also can be entry point at this zones.
  3. Always check the trend with auto fibo on higher time frames.


Candle break > fibo auto draw > price re-test > enter the market > take profit at TP level! Hopefully this strategy will make you happy!

Don't forget to give your good feedback or review. I will take note for improvement. Thanks in advance!


Don't miss the trading setup! Fibo Heart EA will do the pending order on your behalf. You can get it here https://www.mql5.com/en/market/product/38906/

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TakePropips Donchian Trend Pro  (MT4) is a powerful and effective tool that automatically detects the direction of the trend using the Donchian Channel and provides you with an entry and exit trading signals! This multi-function indicator includes a trend scanner, trading signals, statistical panel, screener, trading sessions, and alerts history dashboard. It is designed to provide you with trading signals and save you hours analyzing the charts! You can download the user manual and installation
199 USD
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Fibo Heart Expert Advisor
Mohd Khairol Amin Ramli
Want automatically to put the pending order, take profit and stop loss? This EA will do it on your behalf! The Fibo Heart EA strategy will place limit order after the ‘check point’ breakout. The position will be triggered when the price make a successful retest. If not, the pending order will automatically deleted after price hit certain level. You also have option to enable market order (instant execution) and custom take profit in the inputs setting. This EA must be attached with Fibo Heart In
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Version 1.5 2021.10.09
- Fixed CB1 detection
- Add Stop Loss custom input to show in email/mobile notification
- Add Link custom input to show in email/mobile notification
Version 1.3 2019.06.17
Fixed calculation on sell signal alert.
Version 1.2 2019.05.22
1- Add price at fibo level
Version 1.1 2019.05.15
1. Add email notification.
2. Add EP and TP Price on email and mobile push notificaion.