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RoyalPrince Fibo

4.8

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
JimXP
19
JimXP 2024.04.08 17:24 
 

I messaged Richard for some support and extra tips on using the indicator and received really easy to follow instructions with very helpful answers. The author cares about their work and it shows.

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 
 

Very trustworthy and great support :) i have just bought but have great expectations from this indi, love that it also has a trend scanner.

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ENIGMERA: The core of the market (If the demo of mql5.com doesn't working and you want to try Enigmera please message me.) Introduction This indicator and trading system is a remarkable approach to the financial markets . ENIGMERA uses the fractal cycles to accurately calculate support and resistance levels. It shows the authentic accumulation phase and gives direction and targets.  A system that works whether we are in a trend or a correction.   How does it operate? ENIGMERA comprises of fol
TrendDecoder Premium
Christophe Pa Trouillas
5 (6)
Identify ranges  | Get earliest signals of Trends  | Get clear exits before reversal  | Spot the Fibo levels the price will test Non-repainting, non-delayed indicator - ideal for manual and automated trading - for all assets and all time units $69   for launch - then back to >>   $149 After purchase,   please contact me on this channel   for recommended and personalised settings MT5   version:  Click here Get our full method with  BladeSCALPER  and   PowerZONES What is it about? TrendDECOD
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
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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
All in One Trade
Alexey Minkov
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The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and created to simplify market analysis. All-in-One
Entry Points Pro
Yury Orlov
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Top indicator for MT4 providing accurate signals to enter a trade without repainting! Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! It can be applied to any financial assets:  forex, cryptocurrencies, metals, stocks, indices.  MT5 version is here   It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of t
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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
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.
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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
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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.
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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
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
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
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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
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
RoyalPrince Scalper MT5
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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
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
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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
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CliveGA
26
CliveGA 2024.06.06 11:27 
 

This indicator is out of date and will not run in the latest version of MT4 which I use (and which Metatrader basically upgrades automatically). I also cannot find any way I can contact the author to ask him to upgrade his indicator so it works with the latest versions of MT4. Therefore I recommend that no one should purchase it at the moment as I am also unable to contact Metatrader or Metaquotes to ask for a full refund - so basically my money appears to have been stolen via a misrepresentation made on the MT5 Metaquotes site! Avoid like the plague. Metatrader clearly issues "updates" and make no attempt to check that these "updates" are backwards compatible with old EAs and old Indicators!! Until they take responsibility for their updates and ensure backward compatibility I will be moving to cTrader whose indicators can be written in C# or Python. These are not proprietary languages and are open for all to recompile! Avoid Metaquotes until they decide to care for their customers instead of treating them like cattle!

JimXP
19
JimXP 2024.04.08 17:24 
 

I messaged Richard for some support and extra tips on using the indicator and received really easy to follow instructions with very helpful answers. The author cares about their work and it shows.

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
12601
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 
 

Very trustworthy and great support :) i have just bought but have great expectations from this indi, love that it also has a trend scanner.

Patar Ferry C P Napit
236
Patar Ferry C P Napit 2024.03.15 09:34 
 

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

Manfred Braak
381
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 
 

This indicator is truly amazing. Seller support almost 24/7 almost like he never sleeps. Highly recommended

hrexsimeon
19
hrexsimeon 2024.01.27 05:54 
 

Seller replies fast.. Thanks a lot. Very good indicator it helps a lot on my trading journey. I would recommend this to my friends too.

Khanh Minh Nguyen
481
Khanh Minh Nguyen 2024.01.19 05:34 
 

It worked very well, and profitable for manual trading

RobyOneKenoby
19
RobyOneKenoby 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 
 

I just purchased the indicator and so far so good, simple to follow with awesome support from the author

suara aksara
27
suara aksara 2023.12.13 10:43 
 

the best product and no repainting, the owner is kind and patient. suitable to buy

@aksara403

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 
 

Perfect Indicator, Fast execution, works like a Charm, best thing i've used for a while. On top you get support from Richard him self. you will not be disappointed, A*************

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
134
vasillis e90 2023.11.21 06:56 
 

Author is very helpful and it is the best indicator I have buy!!

quynh90
19
quynh90 2023.11.18 04:07 
 

tôi rất hài lòng với kết quả, đừng ngần ngại mua sản phẩm thực sự hữu ích cho giao dịch của bạn ,xứng đáng hơn 5 sao , đề xuất chỉ báo này cho bất kỳ ai đang tìm kiếm một chỉ báo tuyệt vời! cám ơn bạn.

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