SFT Fibo Smart Zones 外汇EA

The indicator displays overbought and oversold levels, calculating them using the Fibonacci golden ratio formula.
It enables both trend-following and counter-trend trading, accommodating breakouts and rebounds from these levels.
It operates on all timeframes, across various currency pairs, metals, and cryptocurrencies.
Suitable for binary options trading.

Key Features:

•  Based on the Fibonacci golden ratio
•  Shows overbought and oversold levels
•  Suitable for market and pending orders
•  Simple and user-friendly configuration
•  Works on all timeframes and symbols
•  Applicable to trading currencies, metals, options, and cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.)
•  Suitable for manual trading and expert advisor development

 Can be used in conjunction with other indicators for more precise entries and signal confirmation.

Indicator Settings:

• Levels Depth – period for level calculation.

Trading Recommendations for “Rebound” Strategy:

•  Trade direction should align with the trend direction.
•  When the price approaches red levels (support), consider opening Buy or Call positions (for options).
•  When the price approaches blue levels (resistance), consider opening Sell or Put positions (for options).
•  Exit the trade when it touches the opposite level or based on set Stop Loss and Take Profit.
• When using Stop Loss and Take Profit, it’s advisable to set the Stop Loss just beyond the level marked by a solid line, with Take Profit at 1-2 times the Stop Loss or at one of the opposite-colored levels.

This indicator has proven to work well alongside the SFT Stable Swing indicator.
Various trading strategies are possible – you can develop the most comfortable one for yourself through trading experience.

Wishing you stable and profitable trading !

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