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

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.

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.

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

1-2-3 PatternFunyo, MTF v3.1

Write a comment

Comments: 8

#1
Stephane Ouedraogo (Friday, 21 August 2020 21:01)

Je vous remercie mille foi . Stratégie trés profitable .
#2
Marco Sanchez (Friday, 11 September 2020 13:01)

Please send me the 123 indicator
#3
D Chandra Shekar Rao (Friday, 23 October 2020 08:33)

Hi sir
Good Afternoon
I liked your 123 indicator pl attach to the below E-Mail. if you kindly send the 123 indicator with alerts, i will be grateful to you.
Thank ou
D Chandra Shekar Rao
Hyderabad
India
#4
Wande Cyrus-oluwafemi (Sunday, 21 March 2021 23:10)

Hello sir good day, can you please kindly send me your 123 indicator with alerts, thanks and appreciated.
#5
zeinab (Tuesday, 09 August 2022 15:40)

Thank you very much
#6
Smith Sten (Monday, 21 November 2022)

The 123 indicator shows the fib values upside down.. The 61.8% is used in place of the 23.6%..Please what is the reason behind that?
#7
Yardley Rosette (Saturday, 20 May 2023 00:04)

I would like to share for free the corresponding retracements to extensions that price go to.
For point C, between 0 & 0.14 the extensions point D are either 1.18 & 2.618.
Between point C 0.14 & 0.214 the point D to reach would be either 1.27 or 3.0
From point C 0.214 to 0.382 the point D to reach would be either 1.18, 1.45 and 2.00
Between 0.382 to 0.50 point D to reach are either 1.18, 1.618 and 2.333
Between 0.50 to 0.764 point D to reach are either 1.27, 1.618 and 2.333
Lastly between Fibonacci point C 0.764 to 0.99, point D reaches either 1.45 or 2.00
#8
JAVAD (Tuesday, 24 June 2025 16:36)

Are there any indicators for trading view? Please let me know if there are any.

jtaheran@gmail.com