FiboPlus

Indicator FiboPlus MT4, MT5

The indicator automatically plots and tracks buy and sell Fibo levels at any symbol and timeframe. Show Trend lines (support, resistance).

Indicator FiboPlus displays:

• Fibo levels of the probable upward or downward price movements.
• entry points are shown using "up arrow", "down arrow" icons. The data is doubled on SELL and BUY buttons.
• rectangle area limited by levels 0-100. Trading is performed from one level to another (no trend).

Features

• price movement forecast, market entry points, stop loss and take profit for orders.
• ready-made trading system.
• control buttons allow you to select one of the Fibo options.
• hide buy/sell option.
• watch other timeframes.
• "+" and "-" buttons scale the chart up and down re-calculating the levels automatically.
• any Fibonacci levels.
• any color scheme.
• ability to move the buttons to any part of a chart.

Parameters

• Language (Russian, English, Deutsch, Espanol, Portugues)
• Fibo level options:
• Best - use same-color candles till the candle of an opposite color appears,
• Standard - standard application,
• debt of flow - dept flow of the Market Maker, obtained during the activation of strong market distortions
• Color scheme (preset colors):
• White background - for white background.
• Black background - for black background.
• Custom background - custom settings of all colors.
• FIBO Custom (level values separated by «,»)
• customcolors: custom color settings
• coordinatesX, Y buttons to snap pixels (Х, Y coordinates to anchor the buttons to a chart)

Buttons

• SELL. Sell market entry option. Clicking SELL shows/hides sell Fibo levels
• |< First sell market entry option.
• < Previous sell market entry option.
• > Next sell market entry option.
• >| Last sell market entry option + auto tracking.
• BUY. Buy market entry option. Clicking BUY. shows/hides buy Fibo levels
• |< First buy market entry option.
• < Previous buy market entry option.
• > Next buy market entry option.
• >| Last buy market entry option + auto tracking.
• Trend direction.Hides / shows the direction of the trend on all timeframes.
• Construction of support and resistance lines.

FiboPlus-based 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).
• The "debt of flow" option. FiboPlus plots the "debt of flow" levels of the Market Maker, the price has a high probability to return to these levels.
  Trading from the level 100 to take profit 1 - 50, take profit 2 - 33. The second option is to place limit orders at the levels of 50% and 33% following the trend.