FOREX SECRET INDICATOR - PrensaCooperativa.com
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1. You should only risk 1 3 of your account on any single trade You may have heard this rule hundred times before but it is amazing to see how many good traders fail to comprehend this concept and don t understand why they are wiped out again and again despite great entries and timing of trades Karl Dittmann February 20122. printed on your chart RED ARROW SELL SIGNAL Make sure that the built in Trend indicator shows DOWN trend never trade against a trend The Auto Fibonacci Phenomenon BUY signal When the price reaches the recommended BUY LEVEL printed on your chart GREEN ARROW BUY SIGNAL Make sure that the built in Trend indicator shows UP trend never trade against a trend Trading recommendations Place a BUY STOP or SELL STOP depend of a current trend orders and trade only ONCE when the price crosses BUY or sell level very 1st breakout only If the price continues to move up and down after the ist breakout around buy or sell level no trades wait for new trend change signal Sometimes you may notice Auto Fibonacci Phenomenon keeps switching quickly from buy to sell and back it is a warning signal of a ranging market stay away from trading Informer and levels All the numbers can be found in the left top corner of your chart 0 829 120 553 120 672 2 6 Trade SIGNAL 1 Trade SIGNAL th Stop Loss Place your stop loss exactly where the software advices you STOP LOSS LEVEL the price of SL printed in red on your chart Stop will be calculated and printed on your chart automatically for each new trade IMPORTANT Set stop loss for all your trades and do not deviate from it Once the trade has touched your stop loss be disciplined and close the trade This will protect you from maj
3. 1 618 These two figures are the golden mean or the golden ratio Its proportions are pleasing to the human senses and it appears throughout biology art music and architecture A few examples of natural shapes based on the Golden Ratio include DNA molecules sunflowers snail shells galaxies and hurricanes Important Retracement Levels The two Fibonacci percentage retracement levels considered the most important in trading are 38 2 and 62 8 Other important retracement percentages include 75 50 and 33 Three Profit Tips for Using Fibonacci Numbers 1 Fibonacci Defines Stop Loss Levels A trader can use Fibonacci numbers to set stop loss orders For instance if at least three Fibonacci price levels come together in a relatively tight zone a stop loss placement just below or above the zone may be set A Fibonacci number helps define stops in the following way if a trader trades against a support zone if the support zone is violated and the price trades below that zone the reason for the trade is negated and the position should be closed Setting stops using Fibonacci retracements takes the emotion out of trading and gives a pre defined exit point 2 Fibonacci Defines Position Size Depending on the risk you are prepared to take per trade Fibonacci numbers can also define position size For instance if prices are right on a specific level you may wish to have more positions than if the price is further away 3 Fibo
4. AUTO FIBONACCI PHENOMENON User s manual L j Karl Dittmann Feb 2012 DISCLAIMER Please be aware of the loss risk personal or otherwise consequences of the use and application of this book s content The author and the publisher are not responsible for any actions that you undertake and will not be held accountable for any loss or injuries U S Government Required Disclaimer Commodity Futures Trading Commission Futures and Options trading has large potential rewards but also large potential risks You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets Don t trade with money you can t afford to lose This is neither a solicitation nor an offer to Buy Sell futures or options No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site The past performance of any trading software or methodology is not necessarily indicative of future results CFTC RULE 4 41 HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS UNLIKE AN ACTUAL PERFORMANCE RECORD SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING ALSO SINCE THE TRADES HAVE NOT BEEN EXECUTED THE RESULTS MAY HAVE UNDER OR OVER COMPENSATED FOR THE IMPACT IF ANY OF CERTAIN MARKET FACTORS SUCH AS LACK OF LIQUIDITY SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH T
5. HE BENEFIT OF HINDSIGHT NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN No representation is being made that any account will or is likely to achieve profits or losses similar to those shown In fact there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program Hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading All information on this website or any e book purchased from this website is for educational purposes only and is not intended to provide financial advice Any statement about profit or income expressed or implied does not represent a guarantee Your actual trading may result in losses as no trading software is guaranteed You accept full responsibilities for your actions trades profit or loss and agree to hold Auto Fibonacci Phenomenon and any authorized distributors of this information harmless in any and all ways The use of this software constitutes acceptance of my user agreement COPYRIGHT This book and software is copyrighted and cannot be re written re published STORED OR LINKED AT ANY FILE SHARING SITES or FORUMS or used for any other books without proper referencing without permission The use of the book and software is limited to your persona
6. are using the Interbank FX Trader broker the folder will be at C Program Files Interbank FX Trader 4 experts indicators If you are using the Alpari MetaTrader broker the folder will be at C Program Files MetaTrader Alpari experts indicators If you are using the FXDD broker the folder will be at C Program Files FXDD MetaTrader 4 experts indicators If you can t find your experts indicators folder please contact our technical support gt Step 2 Copy the autofibophenomenon tpl into your Jexperts templates folder Template step by step ignore this section if you familiar with this and go to STEP 3 You should copy and paste the indicators from inside the file to My Computer gt Local 1 Disc C Drive gt Program Files gt MT4 gt Experts gt Indicators then step 2 Copy and paste the chart templates from inside the file to My Computer gt Local Disc C Drive gt Program Files gt MT4 gt Templates You can delete the templates already in that file as these will not be required After the above steps 1 and 2 you will have to close and re open the charting for the changes to be recognised To load a chart click the icon shown below in the Standard tool bar that should appear at the top of the charting Standard You can then alter the time frame of the chart by clicking on the Clock icon in the Charts Toolbar as shown below Charts E3 ue nla a le u gO To load a template onto a chart simply ri
7. ght click on the chart and a drop down menu appears choose Template and the template you require from the subsequent drop down menu as shown below Trading Expert Advisors Periodicity Template ES Save Template amp Refresh Load Template Auto Arrange Ctrl 4 pour aes J Grid Ctr G Pivot range check chart la Volumes Ctrl L Tmin main chart cci A zania p 1min small chart donchian Q Zoom Out 15min small chart donchian 1min main chart cci lite Ce Save As Picture 1min main chart cci lite with pivots Eb Print Preview E Print Ctrl P After you have loaded up all your charts with the relevant templates and time period in the order you want to view them to ensure that they open like this each time you open the charting you can create and save a Profile by clicking on File in the top left hand side horizontal menu and choosing Profiles and Save As shown below Line Studies New Chart Open Offline Open Deleted Ctr F5 Shift F5 Next Profiles Close Cti F4 Previous Save As Ctrl Save As Picture Remove gt Open an Account Default Login Profile 1 Print Setup Print Preview Print Ctrl P hE pp dG Exit When you click on Save As it will bring up the following dialogue box Save Profile fre Enter new profile name ujra Simply then name your Profile and click OK Now each time you open your charting it wil
8. gin yourserver com x He SELL Trade sample screenshot EURUSD H1 1 31169 1 31312 1 30771 1 308417 1 Now Trend Down SELL 1313 7 3Feb 02 00 3Feb06 00 3Feb 10 00 3 Feb 14 00 16 11 02 AUTOFIBO Close for tp2 EURUSD 16 08 04 AUTOFIBO Close for tp1 EURUSD 16 04 03 AUTOFIBO Close for tp1 GBPIPY 15 59 58 AUTOFIBO SELL EURUSD OK Important recommendations 1 Use the software during ACTIVE market hours only UK US ASIA sessions not on a quit night market The best signals and guaranteed profit UK USA sessions 2 Sometimes when You just load the software you can get a picture like the one below and popup alert on software load That means that there is a signal right now You can still enter a trade In this case the arrow will not be printed because this signal was a while ago 3 Due to some metatrader4 internal bugs sometime the indicator s level looks jammed make sure to restart the software EVERY DAY Usually it may happen if you keep the software running for 1 2 days and do not restart it metatrader4 internal buffers getting mixed up hopefully it will be fixed in the further versions on mt4 developers So don t forget to restart the software 131290 Money Management Money management is a very important concept that has an enormous effect on drawdowns and margin calls The cardinal rule of money management is the following
9. l be as you left it and the Profile loaded will show in the bottom fixed tool bar as follows Profile 4 or Help press F1 Indicators All indicators required form part of each Chart template however if needed You can load an indicator from the Navigator icon in the Standard tool bar by firstly clicking on the Navigator icon then double clicking on the indicator you wish to load from the Navigator list that is shown Pointing to any of the icons with your mouse will bring up a small box telling you what it is You can alter an indicator s properties settings or delete it by right clicking on any part of a chart and choosing Indicators List in the drop down menu then double clicking on the indicator to bring up it s properties settings box or single clicking highlighting it and clicking delete to remove it from that chart There is a video showing to you how to install indicators and templates to your MetaTrader 4 platform http Avww youtube com watch v 9UnQdsh72q4 END of Template help gt Step 3 Open your metatrader 4 gt Step 4 Pull a chart for any pair for example EUR USD 1H gt Step 5 Now click template icon load template and double click on autofibophenomenon Template DONE ln ea fr fx O Er Save Template Remove Template gt ADX BollingerB ands Dinapoli Layers Momentum Popular Volume Williams How it works The software will automatically determinate a current t
10. l use Spreading out the copies without paying for them is illegal and protected by international copyright law IT IS ILLEGAL to resell buy this software on EBAY or other websites other than www autofibo com 2012 Introduction Welcome and thank you for purchasing the Auto Fibonacci Phenomenon The Auto Fibonacci Phenomenon is a complete trading tool designed primarily to trade the FOREX markets successfully and consistently Important There are many different Fibonacci indicators which can be found on the web but they are all hard to understand and use All them only draws common Fibonacci levels In addition it is still very unclear for many traders what Fibonacci retracement ri r2 and other levels are The main idea of this software is to take away the decision making process associated with complex Fibonacci principles and allow you to make guided profitable trades Our software will print BUY SELL arrows popup and email alerts everything you need to take advantage of Fibonacci system in automatic way AFP is a combination of multiple advanced indicators ALL in one Fibonacci levels laser accurate trend indicator trades commentator This software will give you the power of a professional trader and allow you to magically trade based on Fibonacci levels without learning complicated Fibo courses and books Auto Fibonacci Phenomenon is LIKE YOU HAVE A FRIEND PROFESSIONAL TRADER who recommends to y
11. nacci Defines Objectives With Fibonacci numbers once a pattern completes against a Fibonacci price zone you can use them to set profit objectives to bank partial profits or tighten stop loss levels This clear objective for traders helps them to lock in profits The great advantage of Fibonacci numbers and the golden ratio is the fact that they take the emotion out of trading and can define not only stop losses to exit a market but also set profit objectives as well Installing the Software Indicator IMPORTANT If you don t have MetaTrader installed please download it from this link http www alpari co uk files site uk ooosoftware MT4 set up exe Follow the instructions and open a demo or real account We recommend trading the indicators on a demo account before proceeding to real accounts Quick start Downloads unzip afp zip 1 autofibophenomenon ex 4 software indicator 2 autofibophenomenontpl main mt4 template 3 afp pdf user s manual Install IMPORTANT If you don t have MetaTrader installed please download it from this link http www alpari co uk files site_uk 000software MT4 set _up exe Follow the instructions and open a demo or real account We recommend trading the indicators on demo account before proceeding to real accounts gt Step 1 Copy indicator file ex4 into your experts indicators folder This folder is in the folder of the MetaTrader trading platform Examples If you
12. or capital losses Exiting Trades Take Profit 1 Option I Set your own profit target for example 20 pips per trade and exit all trades as soon as you reach your profit target do not wait until the price hits the indicator s profit level normal This is the safest way of trading and reduces your risk level 2 Option II You will receive the automatic Alert Popup TP1 TP2 TP3 Exit trades when the price is close or touches the Auto Fibonacci Phenomenon s PROFIT LEVEL level either 1 2 or 3 High aggressive level 3 is risky and should be used by experienced traders only Time Frames and Pairs Optimized for 1H you can try to use it for M30 and 4H timeframes All major pairs You may use it for GBP JPY EUR USD GBP USD and all other major pairs Fibonacci secret works for ANY pair Parameters You don t need to change any parameters everything is already set by Fibonacci numbers The only thing you could change COLORS Popup Alerts You will get an alert every time when the price touches buy or sell level take profit 1 2 or 3 levels amp 15 30 57 AUTOFIBO Close for tp2 GBPIPY A 13 49 41 AUTOFIBO BUY USDIPY Email Alerts Email alerts should be activated from your metatrader4 tools menu You will get an email everytime when the price touches buy or sell level take profit 1 2 or 3 levels This can be enable disable M smtp yourserver com 25 lo
13. ou when to trade and how to trade Isn t this every trader s dream The hit rate of the indicator is about 75 85 in most currencies and higher in the currency pairs recommended in the next chapters The main difference of this software is that the Auto Fibonacci Phenomenon will NOT generate a lot of signals a day as any traditional Buy Sell software Fibo trading works in a different way it s very safe entries We advise that you read and make sure you understand the entire system before putting it into practice Experiment and gain experience in demo accounts before trading with your own money If you find that you need further help or have any questions do not hesitate to contact our technical department We wish you great trading success Karl Dittmann Team What are Fibonacci Numbers and the Golden Ratio The Fibonacci sequence first appeared as the solution to a problem in the Liber Abaci a book written by Leonardo Fibonacci in 1202 to introduce the Hindu Arabic numerals used today to a Europe that was still using Roman numerals The original problem in the Liber Abaci posed the question How many pairs of rabbits can be generated from a single pair if each month each mature pair brings forth a new pair which from the second month becomes productive The Golden Ratio After the first few numbers in the Fibonacci sequence the ratio of any number to the next higher number is approximately 618 and the lower number is
14. rend and print all the information on your chart Buy Sell Arrows Alerts Levels on your charts Current trading opportunity entry level stop loss level 3 take profit levels etc 2Feb2012 2Feb 19 00 2Feb23 00 3Feb03 00 3Feb07 00 3Feb 11 00 3 Feb 15 00 When a trend will change the Auto Fibonacci Phenomenon software will automatically re print all the entries SL TP for a new trend Example as shown on the screenshot above current trend is UP If a trend changes to DOWN trend the software will automatically re print new level for a down trend SELL opportunity Take profit level 1 normal Take profit level 2 aggressive Take profit level 3 high aggressive Informer Trend indicator Trade levels information Recommendations If you are looking for 200 pips profit a day it is recommended to open three or four major currency pair Then attach the software to all them and trade on all charts at the same time This way you will increase your odds by exposing yourself to more trading opportunities Built in TREND indicator No more worries how to identify a current trend EURUSD H1 Entering Trades The Auto Fibonacci Phenomenon will show you exactly where to enter a trade where to exit and where to put a stop loss These levels are based on Fibonacci levels and work very well The Auto Fibonacci Phenomenon SELL signal When the price reaches the recommended SELL LEVEL
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