Select High Probability Zones with “Forex Dynamic Fibo Range and Channel Trading System” – At first, the Dynamic Range technique may appear to be complicated, but as with all new concepts a little work and they become simple in practice.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: D1
- Currency Pairs: GBPUSD, EURUSD, USDJPY, GBPJPY, and EURJPY
MetaTrader Trading Indicators
- Dynamic Fipo-Exp1
- Dynamic Fipo-Exp2
- Dynamic Fipo-Main1
- Dynamic Fipo-Main2
- PH CCI Woodie Panel Heart V3
BUY Rules
- Dynamic Fipo-Main1: Price trend up and above the aqua line
- Dynamic Fipo indicators : upward
- PH CCI Woodie Panel Heart V3: blue histogram
SELL Rules
- Dynamic Fipo-Main1: Price trend down and below the aqua line
- Dynamic Fipo indicators : downward
- PH CCI Woodie Panel Heart V3: red histogram
Trading NOTES
- Best Time Frame: D1
- Initial stop loss above or below the previous candle
- Best Risk Reward Ratio 1:2 or 1:3
- Use a demo account or a small live account first to practice this trading system