TMSignal Auto Fibonacci V1.0: Automatically calculates the Fibonacci Retracement + Extension of 161.8% in order to always have it plotted in a "millimeter" way. At the same time, it allows viewing or removing the different levels, so that each one can be configured as desired. We hope you like it! Contact us any question or improvement suggestions. Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here: Simple Forex Trading Strategies The expert advisor opens trades when RSI indicator enter in oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. Submit by joy22 Time Frame H1 or higher. Pairs:all. This trading system is based on the “Fibonacci Fan” to identify. trades that have a relatively small target. The “ Fibonacci Fan” produces 3 lines set at the main Fibonacci retracement numbers, 38.2%, 50.0%, and 61.8%.More often than not the main support line on the “Fibonacci Fan” is the 61.8%. AutoFib Trading Zone is an easy trading system based on the Fibonacci Auto trading zone indicator. Red Zone only sell trades, Buy zone only buy trades. The main feature of the system is to wait for the price action that arrives in a Buy or Sell area and wait for a price reversal signal. Use as reversal markers 3 ZZ level semafor + a zig zag breakout arrow (price action signal), if the signal ... The Auto Fib Retracement indicator will do everything for you. To use this new tool, open Indicators and find Auto Fib Retracement in the Built-ins tab. Refer to the graphic below for some visuals. You can also find it in Pine Editor, by going to the New tab and clicking on Auto Fib Retracement. The graphic below shows this process.
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