45# Fibonacci ABCD pattern Trading System

Fibonacci extensions, expansions or projections

 

Submit by Zacarias 07/04/2013

 

Time Frame H1 or higher

Currency pairs:any

 

Indicator

1.-2-3- pattern

The formula is below.

 

Target point D (profit Objective) and retracement point C cab be calculated by measuring the number of pips From poin A to point B and multiplyng by the factors below.

 

Fibonacci extensions
Fibonacci extensions
Fibonacci extensions
Fibonacci extensions

For Fibonacci  Retracement, left click on point A, drag the line to point B, then release the mouse, For extension left click on point B, hold and drag the line, to point A and release, Commonly, 61%8 retracement go to least the 161,8% projection.Sometime The 100% ,200% amd 261% extension come into play.

A lot of mone has been made using ABCD (also called 1234( pattern using to enter and extension to exit. Enter near point C exit at point D.

In attach:

XLS file for to calculate Fibonacci Extensinos

spudofibo metatrader indicator,

123 pattern,

 


In the pictures Fibonacci ABCD pattern forex system in action.

Fibonacci extensions
Fibonacci extensions
Fibonacci extensions
Fibonacci extensions

1-2-3 PatternFunyo, MTF v3.1

1-2-3 PatternFunyo, MTF v3.1
Forex Indicator: 1-2-3 PatternFunyo, MTF v3.1
1-2-3 PatternFunyo, MTF v3.1.rar
compressed file archive 3.4 KB

ABCD Fibocalulator point

ABCD Fibocalulator point
ABCD Fibocalulator point
ABCD Fibocalulator point.xlsx
Microsoft Excel Table 12.0 KB
SpudFibo
Trading Indicator: SpudFibo
SpudFibo.rar
compressed file archive 1.4 KB

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 0

Fibonacci Trading System