Trading Fib Zones

[joan3pdc]

A thread to go over trading using zones, expansions, and Fibonacci retracements.

(This thread replaces the new mouteki method thread which is no more active)

[elaay_811]

Hello

I'm using #PH#FibonacciZoneLevels-3.ex4. My broker has five decimals and indicator was written for two and four decimals. Can some 1 fix this so that I could uase this indicator?


Thank you
mima Im having the exact same issue, I use FXPro and it's 5 decimals which impacts this indicator. Can Anybody Help please

[ivan9221]

Hi guys My very first post question after you are in, how can you manage the transaction?
Do you just let it ride into the next zone or would you use trailing stops?
Thanks

[arg29]

Anyone still trading with this particular method?

I use this technique so now then, for getting a better view of the larger picture. I was drawing some traces about the E/U daily chart and find out what I created.

The previous bull rally hit the 1596 zone of this march 4 non TO THE PIP!

Not only a major fib zone, but also a bit of the upper pink trendline, which functions as a fantastic resistance as you might notice about the chart.
Also observe the bearish divergence yellow line around the AO oscillator, making it even a tronger confirmation, that this thing just can go down from this stage.

Now observe the harmony with this one. . If you choose the 61.8 retracement of this 1596 zone, then it comes down to one point!
A cross of this reduced pink trendline along with the huge white trendline. A 50.0 retracement of this march 23 high. And a 610 fibzone, that also is the 987 fibzone of this new predicted move down.

Potential 1000 pip trade with a very small SL of 50 pip, making it a 1:20 R/R ratio!!
https://www.cliqforex.com/attachments/15351546731403893410.png

[saraChOxrco]

Hi bassd all of

this is my eu chart:

https://www.cliqforex.com/attachments/1535154674sds1342176436.png

and additionally dollar index downtrend fib zones is quite wonderful. Https://www.cliqforex.com/attachments/1535154665.png

https://www.cliqforex.com/attachments/1535154675sds591160312.png

joyful trading

[saraChOxrco]

Additionally audusd:

https://www.cliqforex.com/attachments/1535154676sds1707598713.png

[arg29]

Really enjoy your charts me_sa245. Your E/U chart not quite different from mine. We agree on one thing, were heading for some serious pips downward from today on https://www.cliqforex.com/attachments/1535154665.png

Additionally the double top formed on the Dow is excellent confirmation.

[Oxnirropk]

hello to fib Zones traders

there's an indicator that plots fib zones in your chart.
This indicator let you to have among down or up fib zones or them.

A: in default option setting you've got both down and up trend fib zones. You can false it, In case you doesn't need them.
Https://www.cliqforex.com/attachments/1535154677sds46673993.png
[abandoned ]B: [color=black]to have steady levels and protect against form shifting fib degrees following MT4 platform restart, following setting...
Hello

Can you tell how to place this indicator...? Do I enter number for start position...? thank you

[arg29]

Hello

Could you tell how to place this indicator...? Can I enter number for beginning position...? Inform you
you just place the online to the high/low of your choice by doubleclicking and dragging. Then you've got to refresh the chart by switching to another interval , so the additional fibzonelines are automaticly placed on the spot.

[saraChOxrco]

Hello

Can you tell how to put this indicator...? Do I input number for start position...? Thank you hello mima

after adding the indicator to chart, you must authentic one of the downtrendlevels key ( for downward trend ) or uptrendlevels key ( for up trend ) then click ok and head to chart. Some cases indicator choice the suitable point to begin poin (not necessarily ).
What's a proper start point to place the fibo zones?
The point that trend begins from there and every retracement waves can't retrace over 61.8 percept of primary tide.

Doubleclick on the zero level and substitute for begin point, today change the time frame to place other degrees.

Happy trading

[oxfero]

Heres what my chart looks like after adding the indicator. It seems very cluttered, is this normal? Am I doing something incorrect?

Thanks I want fib andi for 5 minutes borokers.have someone fib andicator for 5 minutes?
thanks

[Zyrayn82]

Here you go, at the configurations you need to put pipets to authentic in order for it to caculate it to the 5th digit.
https://www.cliqforex.com/attachments/15351546782042490447.ex4

[Rebekacoktexxe]

hello to fib Zones traders
there's an indicator that plots fib zones on your chart.
This indicator let you to have one of down or up fib zones or both them.

A: in default setting you've got both up and down trend fib zones. You can false it, if you doesn't want one of them.
Https://www.cliqforex.com/attachments/1535154680sds1663710448.png
[left]B: [color=black]to have stable levels and Protect Against form shifting fib levels after MT4 platform restart, following... welcome
it is possible that you send me the indicator
since this forum has something to do with all the code and does not operate
thanks

[lasf64]

Hello FLY LOW

Thank you for the Indicator https://www.cliqforex.com/attachments/153515468273348503.ex4.

Would absolutely kind to help me to modify this indicator with setting Daily Price Open Plot Level to Upside/Downside.

Many thanks

[sorina_niculita16]

Here you go, at the configurations you need to set pipets to authentic for it to caculate it into the 5th digit.
Thx Fly Flow
I appreciaite you changing the indicator....it's constantly on my own chart

I have request,....with my trading strategy....my entry and prevent loss values are in pull- back to Fib amounts.... Would it be possible make extra levels ( say 21, 13 and ) to this indicator...

thanks again
Andrew

[guiyerigolepk]

Anyone trading this strategy??