Suggestion PaGaLeO´s Fibonacci goes PRO System

[pagaleo]

PaGaLeO´s Fibonacci goes PRO System

Now it´s time to give you my best manual trading secret to be a Pro Trader.
It´s a very easy and for me the best manual trading system from the last years.
It´s for all tmeframes, for scalper, daytrader and longtime trader.

This System is a Fibonacci System, it´s not recommend to know all about the Fibonacci Sequences
and Numbers, just follow my rules.
All you must have is in this template.

Now it´s time to start as simple we can.
In Future i will post more screen and why i open the buy or sell orders.

First Recommend:
By starting this System or for beginners do not open more than 1 or 2 Trades a day.
Do not with other Systems. Give it a time from 1 year to be a PRO Trader.
We all will see your results, screens and let us go pro toghether.
When you will be a pro trader or a fulltime trader you need time and patience.
Then success comes by itself.

Let´s start after install the MT4 indicators and template and restart the terminal and load
the PaGaLeOs Fibonacci goes PRO System.


Rules: Open Buy Position

1. Fibo Trend Power of both higher timeframes are green
2. watch out price is not near the red Fibo Golden Zone 61.8 - it´s a magic number
because a maybe reversal will come
3. Only trade in Fibo Trend direction
4. open trade after Fibo Scalper Blue Box appears.

To know: check the line connecting of the last two red and blue boxes.
Then more near horizontal these are, so stronger the signal can
follow the trend.

Also to know: When High Impact News comes, do not make a trade.


Rules: Open Sell Position

1. Fibo Trend Power of both higher timeframes are red
2. watch out price is not near the Fibo Golden Zone 61.8 - it´s a magic number
because maybe reversal will come.
3. Only trade in Fibo Trend direction
4. open trade after Fibo Scalper Red Box appears.

To know: check the line connecting of the last two red and blue boxes.
Then more near horizontal these are, so stronger the signal can
follow the trend.

Also to know: When High Impact News comes, do not make a trade.

 

[pagaleo]

Actually....

 

[pagaleo]

Please post after installation your screens so i can look if all is install correct. See you later this evening. I will go to the burthday from my daughter ;-)

 

[niwat]

thank you for your sharing

 

[pagaleo]

The MACDScalper indicator better all the alarms in false, it did not stop alarming.
added the new calender indicator (+2 the hour in my case in the menu)

Hi Jan and welcome. The News calender is really good in this template. Thany for sharing. The MACDScalper Indicator i use for visual and last ok bevor i start a trade. Most important is the fibonacci scalper indicator. It´s really amazing. You will find the elliot + fibo indicator in my first post. It´s also integrated in the template.... You can install him again if you don`t have have it in yours.

 

[pagaleo]

thank you for your sharing

niwat, you are welcome

 

[blackking]

A cool combination of indicator
Fibonacci use golden ratio, MACD views is a different look, a good indicator
Very useful to looking divergence

 

[pagaleo]

ok. yesterday i open a sell position with CADCHF. Entry you will find by the first red vertical line by the second red box in the chart. Till now it made about 45 pip and the candles are walking straight down the big green line on the right side. The Fibonacci Trend and the H1 and H4 power are still red. Also the MACDScalper. What can i do now? First Option. Take the Profit or Second Option - i give him a try to go down till Fibo Level 0.0.
What i do is to give him a try to reach 0.0. The market is like the waves from the ocean on a beach. Forward and backward. Up and down, again and again till they lost there power. Sometimes fundamental news will give the waves a lot of power or other direction. So let us see tomorrow how the chart will look. Thanks to Jan Spijker for the News Calender. It will show you inside the charts when big news comes. I put it in the Template and also the Elliot + Fibo indicator will be correct interated.You can Download it here. Put the News.Calender indicator in your MT4 Indicator Folder and replace the previous template with the new one.

 

[pagaleo]

A cool combination of indicator
Fibonacci use golden ratio, MACD views is a different look, a good indicator
Very useful to looking divergence

Hello blackking, you`re welcome. Yes, thats a very powerfull combination and a good system. Also easy i think. Everyone can learn it, i hope

 

[welkam]

Hello, does the system give signals or need to manually view

 

[pagaleo]

Hello, does the system give signals or need to manually view

You can turn on alerts for MACD SCALPER, Fibo Trend and Fibo Scalper. The Fibo Scalper only by email.

 

[pagaleo]

OK.

Good trade that short cadchf, you check each new m30 candle all your favorite pairs ?

To have less pairs in the instrument changer indicator it is a good idea to have in the market window
only the pairs you are interested in. (see my screenshot 1))

To show the price-line put show grid in off (screenshot 2) and in the menu for color grid DimGray (screenshot 3) or so.

Thanks again Jan, great to the someone with own ideas and tipps. I trade much pairs, also DAX30, Gold etc. ... You also can share your template for all others

 

[pagaleo]

OK, Yesterday i post a screen from CADCHF and what i will do. I wrote that all still is in sell mode, i watch Timeframes higher with 1H and H4 and saw that H4 and D1 and Weekly also still in sell mode. I wrote that i will wait till near 0.00 Fibo Line. I think maybe there will come a pulltback, but it also can go more down when you look in higher timeframes. All Fibo Trends are red for sell. For me it was a perfect trade till now, like much others from my past trades and go out. Remember what i wrote about the waves on a beach. I will close the position now because i have made good win and will look for new good entrys in the marke. Result: about 80 Pips and 550 € Win - live account ;-)

 

[pagaleo]

OK, here is a little bit practice about the fibonnaci golden zone. The Fibo Golden zone is from 38.2 till 61.8 Fibo Line lLevel. The 61.8 is the highest dangerous Level line. Much pro traders just trade godlen zones because very often the price will get a reversal there. So let us only wach what happend when the price will arrive the 61.8 Level ( red line ) ( also there will come big news in some minutes )

 

[pagaleo]

When i go in pratice with you, i will do live pictures as fast as i can. some minutes ago the 61.8 level was touched.

 

[pagaleo]

h1 cadchf

see i bounced on the 50% line
so might retrace 0.74127 more or less which is also more or less todays daily pivot

Maybe you´re right and i think so too. It was good to make the take profit by 0.73700 by the 0.00 Fibo Line on 30M Chart see above. It was exactly the 50% line in 1 H and 4H Chart ;-)

 

[somazo]

Thanks for sharing

 

[Ohiro]

Thanks for posting this system. This was part of my trading systems some time ago.
You can replace macd blaster pro with absolute strength histogram because macd blaster pro spams a lot.

 

[Ohiro]

It has an indicator MACDScalper but it has no indicator called MACD Blaster.
Or is it the same but just renamed ?

It comes with macd blaster pro.
Alternatively you can trun off the macd scalper alert

 

[Adam2019]

This is my review for this thread:
I tried this system -- i dont recommend it -- it will get you too late in a trade ---i used it a few months ago ...you will blow your account slowly with it