Elliott Wave + Fibonacci Trading Strategy

5 hari lalu

Here’s a short and simple guide to trading with your **Elliott Wave + Fibonacci Strategy**:

### **How to Trade with This Indicator**
🔹 **Buy ("B" - Green)**
- Appears when the price **crosses above** the 0.236 Fibonacci retracement level.
- Indicates an **uptrend continuation** → **Go Long**.
- **Stop-loss:** Below the recent swing low.
- **Target:** 0.618 or 1.272 Fibonacci levels.

🔹 **Sell ("S" - Red)**
- Appears when the price **drops below** the 0.786 Fibonacci level.
- Indicates a **downtrend continuation** → **Go Short**.
- **Stop-loss:** Above the recent swing high.
- **Target:** 0.384 or 1.618 Fibonacci levels.

### **Key Tips**
✅ Works best in trending markets.
✅ Combine with **volume analysis** for stronger signals.
✅ Higher timeframes (1H, 4H, Daily) improve accuracy.

This strategy helps spot **trend reversals & entry points** using Elliott Waves & Fibonacci! 🚀

5 hari lalu

Nota Keluaran

This indicator combines **Elliott Wave & Fibonacci levels** to identify trading opportunities.

- **Buy ("B")** appears when the price bounces from key Fibonacci retracement levels.
- **Sell ("S")** appears when the price reverses from Fibonacci resistance.
- **Stop-loss & trailing stop** are dynamically placed for risk management.
- **Markers adjust dynamically** with zoom & scaling to stay aligned with candles.

Use it for trend analysis, retracement entries, and breakout trades. 🚀