forex-fibonacci-indicator

Forex Trading Indicator Best Fibonacci

Indicator

Forex Trading Indicator Best Fibonacci

This is the best and greatest advanced forex Fibonacci trading indicator I have ever seen. This indicator magnets all Fibonacci retracements (0.0, 0.382, 0.5, 0.618, 1.0) + custom levels, Arc and Fan, expansion levels plus time zones.

Trading Signals

Buy signal: In an up trending market, look to go lengthy near the 0.382 retracement level (buy on dips). Use the Fibonacci expansion levels to regulate possible profit targets for your long trade or use your own profit objective technique.

Sell signal: In an down trending marketplace, look to go short nearby the 0.382 retracement level (sell on rallies). Use the Fibonacci expansion levels to govern possible profit targets for your short trade or use your own profit objective way.

Indicator Preferences

Currency pairs: any

Time frames: any

Trading sessions: any

Download

Download the ifibonacci.mq4 indicator.

Configurable Indicator Options

Fibonacci Arc levels, Fibonacci retracement levels, Fibonacci expansion levels, Zig zag settings, Fibonacci Fan levels, colors,…

EUR/USD M5 Chart Example

forex-fibonacci-indicator

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