Leonardo Pisano developed a simple series of numbers that created ratios describing the natural
proportions of things in the universe. And these numbers have been used by traders now for
many years!
Your charting software should come with a standard Fibonacci retracement tool; however, you
are the one that puts this on your chart. The bottom line is that many traders use this tool which
is why it is highly important to have a trading strategy that uses this.
You are going to need to know where to apply these fibs. You will need to place them on
the swing high / swing low.
A Swing High is a candlestick with at least two lower highs on both the left and right of itself. A Swing Low is a candlestick with at least two higher lows on both the left and right of itself.
A quick thing to remember about this: if it is uptrend you want to start with the swing low and
drag your Fibonacci level all the way up to the swing high. If it's a downtrend you start with the
swing high and drag your cursor all the way down to the swing low.
Now, what if we told you there is a simple way to draw the Fibonacci retracement levels on your price chart.
What if everything is done automatically?
Well, our team at Trading Strategy Guides has developed a proprietary Fibonacci Golden Zone
That eleven on the chart will automatically plot the Fibonacci retracement levels of
the last swing.
You'll not need to pick by yourself the swing high / low levels as the Fibonacci Golden Zone
indicator will do the job for you.
Forex traders identify the Fibonacci retracement levels as areas of support and resistance.
Because of this, the levels are watched by many traders, which is why the Fibonacci Golden Zone
strategy could be a difference maker to your trading success.
The Golden Zone is represented by the price area between the 38.2% and 61.8% Fibonacci
retracement Obviously, the 61.8% is the most critical number in our strategy.
Now that we've learned the importance of the Fibonacci retracement levels and why they work
in analyzing the financial market let's have a look at the rules of the Fibonacci Golden Zone
Strategy.
Attached:
Fibonacci Golden Zone DashBoard.ex4
Fibonacci Golden Zone.ex4
Fibonacci Golden Zone.tpl
Fibonacci Golden Zone manual.pdf
Available for Mt4, Mt5, NinjaTrader 7, NinjaTrader 8
The PZ harmonic Trading indicator has been designed for traders of armed instruments looking for a first-class indicator and have indicators of additional indicators of "extravagant triangles"
A Brief introduction:
Harmonic trading is a methodology that uses the recognition of specific pricing patterns and the alignment of exact FIBONACCI rates to determine highly probable reversion points in financial markets. This methodology includes patterns or commercial cycles, such as many patterns and cycles in life, are repeated. The key is the identification of these patterns, and the entry or exit of a position based on a high degree of probability that the same historical action of the price occurs. Although these patterns are not 100% accurate, these situations have been historically proven. If these configurations are correctly identified, they may be worth significant opportunities at a very limited risk.
Commercial execution
Once a pattern is detected, the following steps should be taken, which can be carried out or discarded from the trade. Keep in mind that a pattern is not valid for itself and can be expanded as long as you want. His work has a arms operator that evaluates the validity of the employer and the possible investment zone before entering the market.
1. Pattern Recognition
This indicator automatically detects and alerts harmonic patterns.
2. Find the reverse potential zone (PRZ)
Evaluate the FIBONACCI projections plotted on the chart using the indicator and look for signs of strength. Can you find at least three converging projections? Do you see primary proportions? is the projection AB = CD present?
3. Wait until the sea PRZ rejected by the market
The PRZ can be tested and rejected by a single terminal price bar, or the market can reverse and break the PRZ without testing all FIBONACCI projections. In any case, the market has to move before taking the trade. You're a follower, not a predictor.
4. Enter the market offer of the right time stop
Change the rupture or rejection of the PRZ and set the appropriate stop-loss. The price level furthest from the PRZ or point X of the pattern are adequate stop-loss levels.
5. Position Management
It is recommended to get partial benefits as soon as possible to ensure a free trip. Scott M. Carney proposes a very interesting position management system based on a Stop trailing 0382, measured from the point of investment to the end of investment.
In the analysis of the input signals in the position that can be seen as levels of support and resistance, which in this strategy is shown in the graph indicator 1Pro4x Pivot Lines. Do not open the position if the level of resistance is present in the price path. On the contrary, the level of support will be nothing other than an opening position.
During the day it can reach some businesses, and the multi-currency strategy can count on a decent profit at the end of the trading day. But before beginning to negotiate with the strategy The Secret Method, it takes some time to test it in an account, demo to learn to recognize with the signals to filter the false ones and determine the most successful exit of the operations. This scalping strategy is not complicated, but it is quite effective.
Platform: Metatrader4
Currency pairs: EURUSD, AUDUSD, GBPUSD
Negotiation time: European sessions and the beginning of the American sessions
The SwingMan indicator breaks the zero level from bottom to top, and the blue arrow appears pointing up.
More attention is paid to the price chart, which synchronizes the T3MA indicator sent by the green line. In this case, the price must be above the green line or break the line from bottom to top.
The blue line of the Momentum (Mom) indicator should also break the zero level from bottom to top or be greater than 0. And the bar should be green.
In the following candle: open a long position:
Short trade:
The SwingMan indicator breaks the zero level from top to bottom, and the red arrow appears pointing downwards.
More attention is paid to the price chart, which synchronizes the T3MA indicator sent by the green line. In this case, the price should be below the green line or break the line from top to bottom.
The blue line of the Momentum (Mom) indicator should also break the zero level from top to bottom or be less than 0. And the bar should be red.
On the next candle (mark with a dashed yellow line) open a Short position:
Stop Loss in strategy Secret Method V3.0 is fixed and equals 15 pips. You can also use a final stop. For this, the file has EA Quik_Trailing.ex4, which will automatically administer the vacancies.
The gain target is set at 30 pips, but it is necessary to exit the position earlier than expected, if the IX-OA-X indicator will change its color to the opposite color. Back to index IX-OA-X will return the initial color:
In the analysis of the input signals in the position that can be seen as levels of support and resistance, which in this strategy is shown in the graph indicator 1Pro4x Pivot Lines. Do not open the position if the level of resistance is present in the price path. On the contrary, the level of support will be nothing other than an opening position.
During the day it can reach some businesses, and the multi-currency strategy can count on a decent profit at the end of the trading day. But before beginning to negotiate with the strategy The Secret Method, it takes some time to test it in an account, demo to learn to recognize with the signals to filter the false ones and determine the most successful exit of the operations. This scalping strategy is not complicated, but it is quite effective.
PBF Xtreme System. Perfect for Binary Options and Forex Trades
Every merchant dreams of having a profitable forex strategy, but not everyone can buy it for $ 2,000! That's what cost the strategy of PBF Xtreme System.
Can you see for yourself if it's worth that kind of money?
This is the main indicator, where all the magic happens.
The Xtreme Squeeze histogram shows "peaks and valleys" and provides extremely easy-to-understand signals. "Detect" what the market will do, often before it happens. The histogram is so powerful that you could almost trade without looking at the candelabra
This system can predict the future, in several time periods, is designed for any type of market, whether forex binary options, futures, cryptocurrencies, stocks and choose any pair that you wish to trade.
It is included the manual to operate in purchase or sale, as well as the function of each indicator.
Forex Paint Bar consists of 9 indicators, and at first glance it seems very complicated. But is not. And you can see this. The file is monual to work with this system, where the signals are described in detail and the rules strategy. You can download them at the bottom of this publication.
So I will not describe in detail the rules of Paint Bar Forex. You can study them yourself in monuale.
Sometimes you wonder what can the old-timers of forums for traders. These unfortunate day and night cannot see the light, throw family and friends, but always know course of EURUSD up to the fifth sign. But it is necessary to give them their due, sometimes collective intelligence able to give birth to something very useful and, oddly enough, high-quality and thought out. Thus was born the strategy for binary options Hubba Hubba Style, named after of its creator.
The system is unique because the author has transferred in a part of his vision of the market and the trading experience. In addition, the author uses it in trading for over a year and seems to have very successfully. According to the trader, who coined this strategy, he has yet did not have a single free day. Within a year, all his spare time spent on laborious study of graphs. What are happened as a result, we now know.
Characteristics of the Hubba Hubba Style system
Platform: Metatrader4
Asset: Any assets
Trading Time: Around the clock
Timeframe: M5
Expiry: 5 or 15 minutes (depending on the character of the signal, read on the article)
For this strategy, the main thing is not to follow the formal rules, importantly correct interpretation of the idea itself. The basic idea of the Hubba Hubba Style is as old as the market itself. The essence is to determine when the buyers have bought all they could, or sellers sold everything they had. In practice, this allows you to define the time when the price is going to change its direction.
The strategy is divided into two components: for trend market and for the flat market. During a strong motion of market has a high inertia, because of which signal may arrive too early. That is why, for the trend need to choose a longer period of expiration. In the flat, on the contrary, the signal is fulfilled almost immediately, literally during a single candle. The combination of these two methods eliminates the strategy of weaknesses and makes it almost invulnerable to the different states of the market.
Indicators of Hubba Hubba Style system
Support and Resistance (Barry) – indicator draws on the chart support and resistance levels based on fractals Bill Williams. When new formed fractal generated level, which replaces a level formed by the previous fractal. Due to the specifics of the calculation of fractals, the indicator may be repaint during the last three candles.
EMA – exponential moving average with a period of 21. In comparison with simple moving, EMA attaches greater importance to new data. This enables it to respond more quickly to momentary changes in prices, thereby reducing the time delay of signals.
VCustom3 – indicator in the bottom window shows the dynamics of changes in the values of the stochastic during the bar. In fact, this is an analogue of the standard stochastic, but slightly modified. Firstly, the indicator visually indicates about the intersection of overbought or oversold level, red or green, respectively. Secondly, in the indicator added to the system or sound alerts that notify the trader about the appearance of a buy or sell signal.
aFFCal – indicator displays the time remaining until the next news release. Many traders prefer not trade in the news release period, so you have the opportunity to learn about the output of news on time.
Magnified Market Price – auxiliary indicator that displays on the chart the current price of the asset.
Rules of trade by Hubba Hubba Style
1. Wait until the alert appears by indicator VCustom3 (1). The indicator signals the about appearance of new trading opportunities using the alert. As a rule, it does not serve as an immediate signal for purchase of an option, it only notifies about a potential deal. Between the appearance of alert and in the input position may take from several seconds to several minutes, depending on the speed of movement of the price.
When the indicator is outside upper limit of overbought levels are getting ready for purchase a PUT option. The indicator below the oversold level - a signal to buy a CALL option.
Upon receipt of the alert must wait for the closing of the current candle.
2. At the opening of a new candle check that the price is above the moving average for the PUT option (2), and below the EMA for the CALL option (2).
The breaking level of fractals (gray dot on the graph) is strengthening the trend movement (3), whereas the rebound is consolidation. The combination of the exponential moving average, and indicator of support/resistance levels makes it quite accurately predict the price movement within 2-3 candles, which is more than enough in trading of binary options. Break level of fractals (gray dot on the graph) is strengthening the trend movement, while the rebound is consolidation. The combination of the exponential moving average of the indicator, and support /resistance levels makes it quite accurately predict the price movement within 2-3 candles, which is more than enough to trade binary options. If the previous resistance level has been broken - buy a binary option with a term of expiration of 15 minutes (4). If the level was not broken - expiry 5 minutes.
CALL example with 15 mins expiry:
PUT example with 15 mins expiry (image is enlarged by clicking):
Perhaps I explained very difficult. Here is how the author himself writes:
Wait for VC alert to come on.
Wait for confirmation of a candle before entry. Or look for candle with high probability characteristics like pinbar, bullish engulf and what not.
Then make entry.
If market is trending, go for 15 mins expiry. If market is ranging, go for 5 mins expiry. Or depending on the characteristic of the candle to select expiry.
The interpretation of the indicator is simple. The indicator shows the period when the market move could be exhausted, or is nearing its end. Thanks to this, we can trade more accurately, execute well-timed trades, and make higher profits. Overbought means a period where there has been a significant and consistent upward move in price without much pullback. On the other hand - oversold describes a period where there has been a significant and consistent downward move in price without much pullback. The market is considered overbought when the indicator rises above the 70 level. Sell signal can be generated. The market is considered oversold when the indicator falls below the 30 level. Buy signal can be generated.
Based on our experience, currency pairs are traded like the bowls of scales (currencies are compared to each other). That is why there is an expectancy for the currency pairs to make pullback moves. Also, the price cannot move in one direction forever. Currency pairs that are overbought or oversold have a greater chance of reversing direction, but could remain overbought or oversold for a long period.
There are two ways how to trade with the indicator:
A) Take the SELL signal when the indicator falls below 70 level or take the BUY signal when the indicator rises above 30 level. The best method here is to watch the whole context of the price moves and Price Action. If you feel and see that the market is reversing, it is the right time to trade!
B) Close your BUY trades as soon as the line of the indicator becomes red and close your SELL trades as soon as the line of the indicator becomes green.
Forex System "not changed" into small movements, and takes from the trend maximum profit. It allows you to make a great set of precise indicators, learning how to use that can even a novice.
The three star pattern in the south is one of the secondary upward investment patterns and its opposite is the advanced block pattern. This pattern consists of three candles that appear at the end of the bearish trend. It is obvious that the trend is slower and that sales are weakening. This first Japanese candle looks a lot like hanging man's pattern.
It is a long black body or tojo that occurs at the end of this bearish trend. Its long shadows indicate that it was intended to buy. The second Japanese candle looks like the first, however it is a smaller version. The third Japanese candle also has a black or red body and is a Marubozu without shadows. A bullish day follows the three star pattern in the South offering confirmation that the bearish trend has vanished and reversed.
Criterion for the three stars in the South:
Psychological pattern:
[Sociallocker] Daily formations begin to occur after the bearish trend and indicate bullish behavior in action. The second day indicates the same message on a smaller scale as it slides from the opening for a lower closing in the session. The third and last day is completely swallowed by the first Japanese sail and the price movement is slowed down. The bass players must now worry about their positions. New lows are slowing down quickly but this gives enough time for short-term vendors to start covering their positions.
The black or red candle of the first day has a lower shadow that indicates that the buyers are intervening. It's a case of a Hammer signal.
The secondary signals have this ownership because they do not appear as often as the 12 major signs. Ensure the involvement of these signals and provide you with more opportunities during the course of your investment decisions.
The bearish deliberation pattern takes place in both bull and bass markets. This pattern consists of two long white or green bodies, followed by a small white or green candle. The Bearish deliberation pattern may seem to two other patterns depending on their nature (bullish or bearish). The pattern Bearish deliberation looks like the pattern three black crows and the upward pattern ofliberation seems to the formation three white soldiers. It is important to note that the pattern of bearish deliberation is a weak pattern and is less popular than its colleague, the pattern ofliberation bullish. Many do not use bullish deliberation as a real investment pattern, but for them it means a short-term price change indicator.
The Bearish deliberation pattern occurs when there is an obvious upward trend and is a bearish investment signal. The first two candles have long white (or green) bodies and closes close to their maximum. The last candle can open near or at the end of the day before or you can make a gap. This third small body is a sign of indecision about the current upward trend. This is called because the Japanese say that this signal is produced when it is time for deliberation.
This pattern was tested on binary OPSCIONES operations inIQOPTION with a% 100 of effectiveness
The color of the first two white or green candles are almost identical in strength and are long candles.
The third day candle has a small body.
The opening of the small body is close to the close of the day before, or perhaps a slight breach.
Psychological pattern.
The deliberation signal occurs after a bullish trend or rebound during a long bearish trend. Just like the advance-in-block pattern, this pattern also represents the weakness of shoppers. It can show the weakness of a day and indicate that the relatively slow advance means that it is time for the bulls to come out. The pattern of deliberation is a little more difficult to recognize that the pattern advance in block therefore try to identify carefully the characteristics associated with each Japanese sail.
Keep learning more about Japanese candle patterns to see how much your benefits will increase. First, they have to be understood the principal patterns (like the patterns Doji or man hung), then the signs of Japanese candles second and eventually the patterns of continuation like this pattern Tasuki Gap bullish.
BO Magnum Scalping is positioned as a universal trading system, which is suitable for trading both on binary options and for scalping on forex. This is the third version of the strategy, which differs from the previous ones with greater stability, as well as a dial indicator that does not repaint its signals.
Price broke through the lower border of the channel
The level of support from the red points was formed
There was a green arrow pointing up
PUT signal:
Price broke through the upper border of the channel
The level of support from the blue points was formed
There was a red arrow pointing down
Trading strategy for binary options BO Magnum Scalping v.3 is a simple and profitable system. The rules of the strategy will not cause difficulties even for novice traders. Before applying the BO Magnum Scalping strategy on a real account, I highly recommend testing it on a demo account.
