• Información general
  • Comentarios (5)
  • Discusión (35)
  • Novedades

Fibo Heart Indi

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/

rainwalker123
2034
rainwalker123 2019.06.14 21:51 
 

Signals needs to be filtered with other indis.

When mommentum gets strong in one direction, the turning points, allmost all worthless.

Nice Idea, as a supporting indicator and very kind to share with the other traders.

addhuha365
15
addhuha365 2019.06.12 12:42 
 

The best so far..highly recommended. Please share with others.

Alexey Shapovalenko
305
Alexey Shapovalenko 2019.05.27 14:22 
 

your work is perfect

sunnychow
7769
sunnychow 2019.05.14 17:29 
 

It is great work. Thank you for your share. If it can be add the EP and TP Price on Mobile Push and email, That will be very perfect indicator .

Actually the author is very nice and supportive. he is willing to hear the user opinon. then quickly upgrate reminder of the EP and TP Price on Mobile Push and emai. I am so appreciated the author .

Dr Waleed Mahdy
2266
Dr Waleed Mahdy 2019.05.13 23:47 
 

thanks for your share

your work is perfect and cool

Versión 1.3 2019.06.17
Fixed calculation on sell signal alert.
Versión 1.2 2019.05.22
1- Add price at fibo level
Versión 1.1 2019.05.15
1. Add email notification.
2. Add EP and TP Price on email and mobile push notificaion.