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Re: Something interesting please post here (Metatrader)

bilbao, Mon May 02, 2022 3:01 am

Fibonacci Trend Power System for MT4

Rules: Open Buy Position

1. Fibo Trend Power of both higher time frames are green
2. watch out price is not near the red Fibo Golden Zone 61.8 - it´s a magic number because a maybe reversal will come
3.Only trade in Fibo Trend direction
4. open trade after Fibo Scalper Blue Box appears.

To know: check the line connecting of the last two red and blue boxes. Then more near horizontal these are, so stronger the signal can follow the trend. Also to know: When High Impact News comes, do not make a trade.

Rules: Open Sell Position

1. Fibo Trend Power of both higher time frames are red
2. watch out price is not near the Fibo Golden Zone 61.8 - it´s a magic number because maybe reversal will come.
3. Only trade in Fibo Trend direction
4. open trade after Fibo Scalper Red Box appears.

To know: check the line connecting of the last two red and blue boxes. Then more near horizontal these are, so stronger the signal can follow the trend
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