More and mor pips...Method A did well yesterday. Buy and sell trade activated yesterday. image

Set and Forget: Fibo Pending Order Systems

Method A USDCAD image GBPUSD

Set and Forget: Fibo Pending Order Systems

Hi, let me try to clarify. For method A you use todays Asian range. The high to the low. Notice it is completely different fib settings for method A. On the last candle of Asian place the fib and place the pending orders on the chart where the fib ...

Set and Forget: Fibo Pending Order Systems

Yep good point TP1 gets hit super quick. Nice to get those pips and get out.

Set and Forget: Fibo Pending Order Systems

Method A went to all 3 TPs today also. image

Set and Forget: Fibo Pending Order Systems

You are absolutely correct. Toughest part is getting them on before the price moves through your entry. Would love a simple script to accomplish that. Have requested something on the coding thread but may well just pay and get it done.

Set and Forget: Fibo Pending Order Systems

EU hit target so far for method B. image

Set and Forget: Fibo Pending Order Systems

@Genry Was wondering this morning as I was manually trading with you indicators....how do you trade with these? Do you have a favorite or use them all together?

Quantum London Trading

More great tips from the Phantom thread for method B.

Set and Forget: Fibo Pending Order Systems

Looking good, so I was behind a bit in still looking at quantum. The TMA you are using are the ones you have previously posted?

Quantum London Trading

Choose a Method A or B. Choose a pair. Now lets test it live on 0.01 for the week.

Set and Forget: Fibo Pending Order Systems

No these are alternative SL levels for Method B. If it is a volatile day you may choose to use these settings to avoid trades triggering through news etc. There still has to be a human factor as to what is most appropriate for the day.

Set and Forget: Fibo Pending Order Systems

Looks like I misunderstood Method B. Use the previous days London session to measure the fibs for trading todays London session. No worries it actually works even better. I did a manual count for September using 0.65 and 0.35 SL levels and it came ...

Set and Forget: Fibo Pending Order Systems

Is it possible to get a script to set pending orders? Or an EA to set them and manage the trade? I have a breakout strategy from the high to low of the candles 5am to 8am GMT. On close of 8am candle the fib is drawn and pendings need to be set. Here ...

I will code your EAs and Indicators for no charge

In post 8 above I have shown the process...it sounds more tricky than it is. But it is still a bit of a rush especially when market moving fast. This is why I really want a script that can be dragged onto the chart method B. As TP1 usually gets hit ...

Set and Forget: Fibo Pending Order Systems

Remember this is only done for method B. Here is the process. At the end of Asian session you draw the FIBO from the highest point of Asian session to the lowest. Now double click the fibo and click and drag the middle dot. image Place this on the ...

Set and Forget: Fibo Pending Order Systems

Thank you. I think there is a place for these methods in everyones portfolio. They may not be the primary method but it is a wonderful way to make daily pips with little effort. Lets hope the thread develops and we get more experienced traders ...

Set and Forget: Fibo Pending Order Systems

EU and GU are great for this method. Anyone want to test with me next week? Live trades on 0.01. If so please share your results.

Set and Forget: Fibo Pending Order Systems

These being breakout methods I also have a custom fibo setting for retracement trading on the H4 and daily. Lets see if there is interest in this thread and perhaps we can add that also to what can be developed here. Any coders interested in these ...

Set and Forget: Fibo Pending Order Systems