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RoyalPrince Fibo

4.88

Royal Prince Fibonacci , has the most advance Trend detection algorithm built into its Alert system combined with the RoyalPrince Non-repaint Arrows with it's own alert system you will never miss the opportunity of the trade. 
2nd picture is how to use Guide on how i use it to Scalp or take long trades.


works on all Charts and all Timeframe on mt4.

▪︎Best Timeframe M15 for scalping  H1 for Day Trading

Options:

• Fibonacci days High and Lows 

• Fibonacci Targets

• Fibonacci Alert System

• Trend Percentage updated consistently

• Trend Long Entry & Exit Alerts

• Trend Short Entry & Exit Alerts

• Trend Alerts amount.

• Non repaint  Arrow System

• Alerts And can set how many Bars Back.

• Information Counter in the Corner

• Pips to Stop Loss

• Pips to Take profit

• Total lots at risk



How to use the ATR Non-Repaint ARROWS

When trading with a signal arrow indicator that doesn't repaint and is based on ATR (Average True Range) on the H1 time frame, here's a suggested approach for entry and exit:

Entry Method:

1. Confirmation Candle: Wait for the current candle to close after the signal arrow appears. This helps confirm the validity of the signal.

2. Check ATR: Look at the current ATR value. A higher ATR indicates higher volatility, which may require wider stop-loss and take-profit levels.

3. Entry Point: Enter a trade at the beginning of the next candle after the confirmation candle. This ensures you're entering the trade with momentum in the direction indicated by the signal arrow.

4. Risk Management: Set your stop-loss and take-profit levels based on the ATR to ensure your risk is adequately managed. For example, you might set your stop-loss a certain number of pips away from the entry point based on a multiple of ATR.

Exit Method:

1. Trailing Stop: Use a trailing stop-loss to capture profits as the trend progresses. You can trail the stop-loss behind swing highs or lows, or use a fixed distance such as a multiple of ATR.

2. Take Profit: Consider taking profits when the price reaches a predetermined target based on ATR multiples or key support/resistance levels.

3. Signal Reversal: If the signal arrow changes direction or a new signal arrow appears in the opposite direction, consider exiting the trade to prevent potential losses.

4. Manual Monitoring: Continuously monitor the trade's progress and consider exiting if the market conditions change significantly, such as a sharp reversal or news event.

————————

Take Profit:

Identify the recent swing high or low before the entry point.

Use Fibonacci retracement levels (typically 0.382, 0.5, and 0.618) to determine potential take-profit levels.

Place your take-profit level at or near one of these Fibonacci levels, depending on your risk tolerance and market conditions.

You can also use Fibonacci extensions beyond the swing high or low to identify potential targets if the market is trending strongly.

Stop Loss:

Similarly, identify the recent swing high or low before the entry point.

Use Fibonacci retracement levels to determine potential stop-loss levels. Common levels include 0.382, 0.5, and 0.618.

Place your stop-loss level below the swing low (for long trades) or above the swing high (for short trades) at or near one of these Fibonacci levels.

Adjust the stop-loss level based on the current ATR value to ensure it's adequately placed to withstand market fluctuations while limiting risk.

Example:

Let's say you're entering a long trade after a signal arrow appears and the confirmation candle closes. You identify the recent swing low before the entry point. You decide to use Fibonacci retracement levels to set your take-profit and stop-loss levels.

You notice that the swing low is at 1.2000, and the current price is at 1.2050.

You decide to place your take-profit level at the 0.618 Fibonacci retracement level, which is at 1.2150.

For the stop-loss level, you place it below the swing low at the 0.382 Fibonacci retracement level, which is at 1.1980.

Adjust these levels according to your risk tolerance, market conditions, and the current ATR value.

By incorporating Fibonacci levels into your take-profit and stop-loss placement, you can add another layer of technical analysis to your trading strategy and potentially improve your risk management approach.


Tips:

- Backtest your strategy to ensure its effectiveness under various market conditions.

- Consider using additional indicators or technical analysis tools to confirm signals and filter out false signals.

- Stick to your trading plan and avoid emotional decision-making, especially during periods of market volatility.


Remember that no trading strategy is foolproof, and there will always be risks involved. Practice proper risk management and only trade with funds you can afford to lose.




Reviews 20
Musbau
19
Musbau 2024.03.26 15:55 
 

I would like to share my conclusions about this indicator: among so many expensive indicators that I have already purchased, none of them are compared to the one I purchased. It is excellent, anyone looking for consistency in the market, this indicator is an excellent tool, I highly recommend it. Congratulations to the developers. Very satisfied.

Patar Ferry C P Napit
241
Patar Ferry C P Napit 2024.03.15 09:34 
 

i like it. it has a multi time frame trend scanner.

Manfred Braak
401
Manfred Braak 2024.03.01 16:16 
 

I bought this manual trading system a few days ago and use it intensively for my forex trading. The seller is very helpful and has given me valuable tips on how to get the most out of the trading system. With these tips, trading the currency pairs is easy. You just have to follow the signals and the information on the scoreboard and you get very positive results. I can highly recommend this trading system to any serious trader. 5 stars!

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Noha Mohamed Fathy Younes Badr
5 (4)
Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor multiple pairs and time frames at once rather th
PRO Renko System
Oleg Rodin
5 (25)
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
Trend Pulse
Mohamed Hassan
5 (4)
Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you know that it's not a good time to enter a trade. This excellent system makes Trend Pulse
First of all Its worth emphasizing here that this Trading Tool is Non-Repainting Non-Redrawing and Non-Lagging Indicator Which makes it ideal for professional trading . Online course, user manual and demo. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focuses on
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RoyalPrince Scalper MT5
Richard Louis Pastor
1 (1)
This is the advanced version of my scalper robot, in this version, you can find advance settings for time filter, and also a news filter.  It also has an equity protection and margin protection for when trading. This robot works best in a low spread pair with a low slippage.  It works best on M5-M15 timeframe.    The default settings have been optimized for USDJPY for February 202 32 April 2024 on M15 timeframe. This version should be optimized for your broker because this Expert Advisor needs
Basic Fibonacci Calculation Indicator  shows Trend, Stoploss, Profit 1,2,3, will show you your daily Highs and your Daily Lows , it will also show you where it expects the price to move to.  best time frame is H1 or higher .  For  a better system that also includes my Non-repaint Indicator please check out my paid Fibo Indicator  https://www.mql5.com/en/market/product/82323
FREE
This is an Elliot Waves Indicator Arrow for  Major Swing's  On default settings i have tested this on all Major 28 pairs  and i have had great results   Check out the comments section for more pictures and details.    AFTER PURCHASE PLEASE WRITE A COMMENT  SO I CAN SEND YOU Your Free GIFT   (Includes NON REPAINT VERSION OF SIGNAL) you have a few options of placement  and a few different options for colors.  this is a very simple and effective signal.
RP FourThousand EA
Richard Louis Pastor
4.27 (37)
NO MARTINGALE   NO GRID   NO SCALP NO HEDGE YES TP & SL YES MM Yes Trading Times                          Low DD% SMALLEST ACCOUNT SIZE : $100 (must Limit trades )  TIMEFRAME :   H1 Reminder,  if your back-test isn't the same like mine, that is because of a few factors.  Tick data not 99%   and Spread is different on your broker.     If you use a different broker you need to optimize the ea for your broker. if you need trailingstop you can use other EA to control this like ronz IF you lik
FREE
RoyalPercision
Richard Louis Pastor
NO HEDGE , NO GRID, NO MARTINGALE, NO SCALP  Precision Box Trading with lots of functions such as  Risk Management , News Filter, Trailing Stop , Lock Profits , Hard TP/SL , Virtual TP/SL , Start/Stop Trading Times.  when using the news filter make sure you add the web-address to your allowed website list. http://calendar.fxstreet.com/ YOU MUST OPTIMIZE FOR EVERY PAIR YOU WANT TO USE THIS EA PROPERLY.  (100% Modeling Quality ) EVERY TICK BASED ON REAL TICKS NO Setfiles includes (This
FREE
This is a simple  MT4 Alert to Telegram Signal. Once a trade is placed it will send the Alert to Telegram.    it will require you to make a bot in botfather.  you will need to allow this website on your terminal " https://api.telegram.org/ "  reminder your group or channel will need to be set to public.  if you want to take a screenshot make sure you fill in the section where it says template and place your mt4 template name in that field no need for the .tpl extension.
FREE
Highly accurate supply and Demand indicator that gives you the exact value of where the Demand or supply ends or starts. Has built-in Alerts  Has ability to change colors to whatever you want.  Has special feature to automatically change when the chart crosses into a new zone or breaks free from a weak zone. Great for any Manual Trader Set your own custom alerts  you can have it check the history of the chart to see how other setups of supply and demand where made in the past.
This is a Manual Indicator to help Manual traders see the Trend Visually it allows you to fully control how the candle closes with many different options, and you can plot the path with many different options. This Indicator is best used in Timeframe: H1 or higher Close Candle Methods Close Open High Low Median Typical Weighted Close Median Body (Open+Close)/2 Average (High+Low+Open+Close)/4 Trend Biased Heiken Ashi Close Heiken Ashi Open Heiken Ashi High    Heiken Ashi Low Heiken Ashi Media
UniSystem EA
Richard Louis Pastor
UniSystem EA is a grid EA  makes trading Simple can be used on any pair  Options: Risk =0.1    --------     Risk Range 0.1 to 2   (starting at 0.1 allows you to start at 0.01 lots  ProfitPips =150; -----------   Profit in Pips TimeFrame =0;   -----------  Timeframe set to 0 means current time frame ,  otherwise you can write  in Minutes the time frame you want to use.  TimeStart =3;  ------------  Starthours of the  EA TimeEnd =23; -------------   Stop Hours of the EA HowBar=1200; -----------  H
RoyalPrince Trender
Richard Louis Pastor
Trender is a special TrendLine Indicator because it is combined with a  NON-REPAINT Signal Settings: showBars =  if showBars= 0 so the indicator will be shown for all the chart PointLevel = Point Levels; 2 = central bar will be higher (lower) then 2 bars on the left side and 2 bars on the right one. qSteps  = number of steps/ no more than 3 BackStep = number of steps back startBar= if startBar=0 so we have recommendation for the current bar, if 1 - for possible next bar TrendLine= True = Trendli
This is a Non-Repaint Reversal Indicator that will send you an Alert when the signal Appears alerts are done by Mobile, Push notification, Desktop Notification, Email Notifications The indicator can be used on all Time Frames  A reversal non-repaint indicator arrow is a technical analysis tool used to identify potential trend reversals in financial markets. The arrow represents a signal that traders can use to enter or exit positions based on the direction of the arrow. The term "non-repaint" m
ntroducing the "RoyalPrince Universal Indicator" - Your Gateway to Automated Forex Excellence! Unlock the full potential of your trading indicators with our revolutionary Expert Advisor. With Indicator Setup that lets you seamlessly transition your indicators into powerful automated strategies, you're in control like never before. Tailor your trades with precision using trade settings that allow you to set max trades, trade reversals, and define magic numbers for your strategy. Choose between
The valley and peak indicator strategy used in forex is a technical analysis approach that aims to identify potential trend reversals in the market. The strategy is based on identifying peaks and valleys in the price chart, which are points where the price reaches a high or low and then reverses direction. The valley and peak indicator is a tool that helps traders identify these patterns and generate buy and sell signals based on them. Here are the key steps involved in using the valley and pea
Royal Prince Gold MT5
Richard Louis Pastor
NO MARTINGALE, NO HEDGE, NO GRID, NO SCALP,  YES TP/SL , YES Pending Order This EA takes 200-300 Trades per year Best results are on Low Spread ECN Broker  TF: H1 Pair: XAUUSD Leverage: 1:100 Settings:     (All settings in screenshot) mmLots= 0.1 - Fix lot setting ExitAtEndOfDay = false - enable or disable exit end of day ExitOnFriday = true - enable or disable exit on Friday FridayExitTime = 19:00 - time exit on Friday
Auto Lock TPSLTS
Richard Louis Pastor
Expert Adviser or Manual USER .  This EA will automatically  help you set a Hidden TP/SL it also has the ability to LockProfit when you have hit a target amount of Pips. It has built-in TrailStop and Alerts if needed. Functions - Take profit - Stop loss -Modes for TP/SL  (  Hidden or Visual) - ProfitLock system  -Target point to enable lock profit -After Target point hit then this amount will be Locked (pips) - Trail stop modes    ( Classic ,  Keep Distance,  Step by Step) - Trailstop value -T
The new  Royal Prince Master Non-Repaint Indicator MT5 has two control points ?   What does this mean it allows you to use two different indicators  to cross to see to find your signals, those two indicators also can be customized just like if you were to load them individually on a chart. Want to see the indicator in action  check the youtube video.  ALSO IT HAS ALERTS !!!!! List of Different indicators to choose from : 1) Moving Average 2)    Moving Average Convergence/Divergence 3)  O
Royal Prince RsiMa
Richard Louis Pastor
No Martingale, No Hedge, No Grid,  Powered by RSI and Moving average.  it has the ability to detect a reverse signal and if you use the option to close trades by opposite signal it will close the last trade and open the reversal signal (don't use with trailstop ).   WHEN BACKTESTING USE OPEN PRICE ONLY SINCE EA only Works with OPENPRICE you have the option to put in Lotsize, amount of money or risk percentage for your money management.   Backtest to find the best settings, it is advised th
GridGod MT5
Richard Louis Pastor
5 (2)
A very simple and logic way of thinking about a Grid System EA,   it is designed to work on all different pairs , metals, crypto.   works best in H1 time frame.  Import to remember on a Grid Style EA  don't set your maximum amount of lots to high and use proper management.  If you want to disable max Lots all you have to do is put "0" .   OPTIMIZE WITH 100% Tick Data from your broker if you do not have 100% Modeling Quality then please download your data from tickstory  make sure to optimi
RoyalPrince Donchian EA
Richard Louis Pastor
5 (3)
RoyalPrince Donchian EA (NO MARTINGALE, NO GRID, NO HEDGE)  Opens orders based on OPEN TICK PRICE.  Has many options inside  Fixed Lots,  Hard Take Profit, Hard Stop Loss,   TP & SL  can be set by  Percentage or set in Points or turned off completely.  Dynamic settings for Donchian Channel Indicator Settings ,  Trailstop with the ability to control if you want it only control buy orders or sell orders or both .  also you can control by comment or magic number so that if you have other trades on
RoyalPrince Bands
Richard Louis Pastor
Bollinger Bands is a popular technical analysis tool used by many traders in the Forex market. It was created by John Bollinger, and it consists of three lines that are plotted on a price chart. The middle line is a simple moving average, typically of 20 periods, and it represents the trend direction. The upper and lower bands are two standard deviations away from the middle line, and they represent the volatility of the asset being traded. What makes Bollinger Bands a powerful tool is its abili
RoyalityGold
Richard Louis Pastor
NO GRID, NO MARTINGALE, NO HEDGE, NO SCALP,  Expert Advisor for Gold Introducing the cutting-edge expert advisor designed by RoyalPrince  This innovative tool is packed with features to revolutionize your trading experience: Tailor your trading strategy with customizable settings for Timeframes, Lots, Slippage, and Chart Symbol Selection. Utilize advanced functionalities like setting Take Gain and Stop Loss levels based on ATR calculations. Choose from various Trailing Stop methods such as Clas
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JimXP
19
JimXP 2024.04.08 17:24 
 

User didn't leave any comment to the rating

13855821292
19
13855821292 2024.04.08 12:16 
 

This indicator has a delay signal that doesn't appear when the candle is being wound down?

Richard Louis Pastor
12974
Reply from developer Richard Louis Pastor 2024.04.08 12:42
Indicator delay signal helps confirms the trade on the next candle that is why it is recommend to use this on m15,h1,h4. Once the candle has closed the signal will not move.
Musbau
19
Musbau 2024.03.26 15:55 
 

I would like to share my conclusions about this indicator: among so many expensive indicators that I have already purchased, none of them are compared to the one I purchased. It is excellent, anyone looking for consistency in the market, this indicator is an excellent tool, I highly recommend it. Congratulations to the developers. Very satisfied.

Valenvibin
20
Valenvibin 2024.03.20 06:17 
 

User didn't leave any comment to the rating

Patar Ferry C P Napit
241
Patar Ferry C P Napit 2024.03.15 09:34 
 

i like it. it has a multi time frame trend scanner.

Manfred Braak
401
Manfred Braak 2024.03.01 16:16 
 

I bought this manual trading system a few days ago and use it intensively for my forex trading. The seller is very helpful and has given me valuable tips on how to get the most out of the trading system. With these tips, trading the currency pairs is easy. You just have to follow the signals and the information on the scoreboard and you get very positive results. I can highly recommend this trading system to any serious trader. 5 stars!

Mr. Quan
45
Mr. Quan 2024.02.24 14:06 
 

User didn't leave any comment to the rating

hrexsimeon
19
hrexsimeon 2024.01.27 05:54 
 

User didn't leave any comment to the rating

Khanh Minh Nguyen
481
Khanh Minh Nguyen 2024.01.19 05:34 
 

It worked very well, and profitable for manual trading

Roberto La Ragione
132
Roberto La Ragione 2023.12.27 03:25 
 

I started to use this indicators and I'm pretty pretty happy about it , it does exactly what I was looking for and the support help me A LOT thanks Richard

GTM703
19
GTM703 2023.12.15 10:38 
 

User didn't leave any comment to the rating

suara aksara
27
suara aksara 2023.12.13 10:43 
 

User didn't leave any comment to the rating

Taffy Taffy
21
Taffy Taffy 2023.12.12 12:38 
 

Still integrating the product into my system but so far the results are good

Maria Angelova
253
Maria Angelova 2023.11.30 11:30 
 

Thank you for you CREAT job and support.

DFF Swift Arbitrage
23
DFF Swift Arbitrage 2023.11.26 14:55 
 

Trusted seller

Saj Hussain
23
Saj Hussain 2023.11.24 17:33 
 

User didn't leave any comment to the rating

indicador88.6
19
indicador88.6 2023.11.24 04:36 
 

El profesor Richard es una persona muy colaboradora y dispuesto en todo momento ayudar a las personas .gracias por darme esta oportunidad de obtener uno de sus sistemas

vasillis e90
139
vasillis e90 2023.11.21 06:56 
 

User didn't leave any comment to the rating

quynh90
19
quynh90 2023.11.18 04:07 
 

User didn't leave any comment to the rating

udayan datta
791
udayan datta 2023.11.15 06:56 
 

Really worthy to buy this

12
Reply to review
Version 2.3 2023.11.13
updated all alerts to be able to pushed to Mobile device when the user enables Notification in Terminal window
Version 2.2 2023.09.03
Mobile Push Notifications updated and working, User just needs to enable them in Indicator Settings and also on terminal press Ctrl+O and enable push notifications for mobile.
Version 2.0 2023.03.28
Update include new Trend Analysis Section in the Bottom Left Corner