The system consists of 2 components: the Fibonacci Scalper display and the actual Fibonacci scalperBuy/Sell scalper. Fibonacci Scalper Display Fibonacci Scalper system has been designed from the ground up with novice traders in mind but the system also tailors to experienced traders. The Smart Display window positioned on the right corner in your trading chart shows you the most favorable trend and lets you have a quick insight into upper time frames without the need for tracking the price action in multiple windows. It enables you to trade with Fibonacci Scalper Buy and Sell Arrows A blue arrow represents a buy signal. A pink arrow represents a sell signal. Here is a complete break down of the display functions + buy/sell trade instructions:
Buy Signal: The Fibonacci Analysis window “Analysis” must display “Buy Only” + the Fibonacci Scalper indicator draws a blue buy arrow on the chart
Note: We avoid any sell signal issued by the Fibonacci Scalper indicator (trading against the overall Fibonacci buy trend). Sell Signal: The Fibonacci Analysis window “Analysis” must display “Sell Only” + the Fibonacci + Scalper indicator draws a pink sell arrow on the chart
Note: We avoid any buy signal issued by the Fibonacci Scalper indicator (trading against the overall Fibonacci sell trend).
No Trade: The analysis window “Analysis” displays “No Trade”. You don’t trade any new signals issued by the Fibonacci Algo Scalper indicator (no clear buy or sell trend).
Protective Stop-Loss Placement Buy Signal:
Place a protective stop-loss below the most recent swing low price.
Sell Signal: Place a protective stop-loss above the most recent swing high price. Take Profit Methods Method 1: Take profit when an opposite Fibonacci Algo Scalper trading signal pops up on the chart. For an open buy trade, a pink signal arrow to sell pops up on the chart. For an open sell trade, a blue signal arrow to buy pops up on the chart.
Method 2: Close the open buy or sell trade at a predetermined take profit level. For instance, close the open trade when price moves 15-35 pips in your favor on the 5-minute chart. For instance, close the open trade when price moves 40-100 pips in your favor on the hourly chart. That’s it, trade profitable with the Fibonacci Scalper System. Please use on a demo account first to make yourself familiar with the Fibonacci Scalper.
Download :
https://drive.google.com/drive/folders/11RBKr3XUTjUrewll-M63rDJVjtd-axsR?usp=sharing
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