Fibo Heart Indi
Free indicator for a limited time! 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
SIMPLE TIPS ;
- For consisten profit always take profit at TP 1 level.
- 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.
- 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!
2. Add EP and TP Price on email and mobile push notificaion.