A ready-made multitimeframe trading system based on automatic plotting and tracking of Fibonacci levels for buying and selling any symbol.
Advantages
- Determines the trend direction based on a complex of 14 indicators (Cx), extremums of ZigZag (Z), RSI (R), Impulse (I)
- Displaying the values of 14 indicators comprising the trend direction (Cx)
- Plotting horizontal levels, support and resistance lines, channels
- View the plotting option of Fibonacci levels on any timeframe, with the ability to scroll into the chart history. Not dependent on the working timeframe:
- debt of flow – Market Maker’s debt flow obtained when strong market deformations are activated
- Best – by candles of the same candles up to the first candle of the opposite color
- Standard – standard plot
- RSI – the Relative Strength Index indicator
- Impulse (AO) – Awesome Oscillator
- Zig_Zag – the Zig_Zag indicator
- System of alerts for all timeframes
- On-screen
- Push notifications
Buttons
- Changing the color scheme
- «Arrows». Move the menu to an arbitrary place.
- «X». Remove the indicator from the chart.
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“Trend direction“. Calculate the trend direction on each timeframe. Used indicators: RSI, Stochastic, MACD, ADX, BearsPower, BullsPower, AO, WPR, MA – 5,10,20,50,100,200.
- “Auto“, “Manual” setting of the trend direction
- “Timeframes M1, M5,…” – press the button to see the indicator values for the selected timeframe
- “Value Trend direction“. Values of indicators comprising the trend direction.
- “ZigZag (Z) RSI (R) Impulse (I)” trend based on extremums of these indicators
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“Support & Resistance“.
- “Horizontal line” plot horizontal levels (fractals and RSI)
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“Trend line” plot trend lines (RSI)
- “SUP” support
- “RES” resistance
-
“Chanel” plot channels
- “SUP” support
- “RES” resistance
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“Fibonacci levels“
- “Timeframes M1, M5,…”
- debt of flow, Best, Standard, RSI, Impulse, Zig_Zag – select the plotting option for Fibonacci levels
- View the selected Fibonacci level in history:
- |< first
- < previous
- > next
- >| last
- “Alert signal & Trading“. Current trading signals
- “Show your Fibo level” show the working Fibonacci levels with the custom level
Parameters
- Language (Russian, English, Deutsch, Espanol, Portugues)
- Color scheme – color scheme (preset colors):
- White background – for a white background
- Black background – for a black background
- Custom background – custom settings of all colors
- FIBO Custom – level values separated by «,»
- User Fibo level – custom Fibonacci level
- Alert on/off – enable/disable alerts
- Alert from Time Frame, Alert to Time Frame – timeframes for alerts
- Minute repeat of Alerts – the number of minutes to repeat alerts
- Number repeat of Alerts – the number of alert repetitions
- Alert Fibo only – alerts only at Fibonacci retracement levels
- E-Mail on/off – send alerts to E-Mail
- Push on/off – send alerts via Push notifications
- custom color settings:
- BUY – color Fibonacci levels UP, BUY – color Rectangle, BUY – color text
- SELL – color Fibonacci levels DOWN, SELL – color Rectangle, SELL – color text
- Resistance line – color, Support line – color
- Divergence line – color, color text in the button
- Font settings
- Font Name – font name
- Font Size 8, 10, 12, 14 – font size
Trading system
- Sell. Candle closes below level 100, stop loss exceeds 76.4, take profit minimum 161.8, take profit 1 (261.8), take profit 2 (423.6)
- Buy. Candle closes above level 100, stop loss is below level 76.4, take profit minimum 161.8, take profit 1 (261.8), take profit 2 (423.6)
- Buy/sell in a rectangle area limited by level 0-100. Trading is performed from one level to another (no trend).
- Earlier market entry. Enter on the next calculation after a new Fibonacci calculation is formed, stop loss -23,6 (minus 23,6) or beyond a horizontal level
- “Debt of flow” option. FiboPlusChart plots the Market Maker’s “debt of flow” levels, the price is likely to return to these levels. Trade from level 100 to take profit 1 – 50, take profit 2 – 33. The second option is to place pending limit orders at levels 50% and 33% along the trend
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