the recent double bottom signal on EURUSD which i posted live in the telegram came after a break of the downward trend line. The downward trend line is visible on H4:

This setup is a standard setup that i teach in the telegram group:

Based on my trading experience I could do the following additional analysis regarding the setup. I did it live in the telegram group:

The result of the double bottom was as expected, a nice winning trade :)

Hi Mike!

I just downloaded the free version of the indicator, but i can't see any painted signals on the chart...

Is it possible that previous signals doesn't stay on the chart?

Thanks in advance!

Hi Patrick!

Please try different time frames. And if needed, you can go higher with the amount of candles on which the signals will be calculated.

Parameter -> candlesCalculated

Best regards

Mike Semlitsch

can you please give the set of the fibo r1+r2+r3+r4 what % you use 

I want to test it on my MT4

nice indicator .working great with fibo.

thanks for sharing this indicator.

umakant

Hi. You need to connect your MT4 to your mql5.com account. then you will be able to download.

Cheers Mike