Fibo Machine Pro Scalping System

The idea behind this scalping strategy is to catch the short wave retracements that take place when the market reaches a peak overbought or oversold state. The method can be used in any markets but it is best (and has lowest risk) when the market is range bound. It is a low yielding strategy. That means the profits are not huge but they are consistent when the system is correctly applied.
Unlike most other scalpers, this method enters the market on triggers from an indicator as well as price behavior at each bar (candle). A key element of this strategy is that it spreads risk across a number of trades to create a scalp sequence. This averaging out is essential in restricting draw downs and creating incremental profits.
Strategy Trading Rules
Buy conditions:

1. RSIFilter indicator paints orange colored histogram (trend up).
2. MAAngle indicator goes above the zero-line and green color.

==> Open buy. Place your stop-loss slightly below the most recent support level.
Trade exit (TP): Close the trade for 15 pips.
Sell conditions:

1. RSIFilter indicator paints blue colored histogram (trend down).
2. MAAngle indicator goes below the zero-line and dark red color.

==> Open sell. Place your stop-loss slightly above the most recent resistance level.
Trade exit (TP): Close the trade for 15 pips.
What is Fibo Machine Pro?

The strategy itself is pretty complicated that you have to be careful to read their instructions or using set files on official site only; a few signs which are provided with Met trader are affected in an ingenious approach, so the entry signals are identified. It’s retry iterations for opening/closing orders, signifying a particular amount of expertise with automatic trading in live. Instead the DLL programming is sometimes a hurdle for EAs working on multiple pairs with the identical DLL, in this situation it appears to be entirely threaded safe.

When working on the recommended ring basket pairs as following the VIP area guide, the average of Fibo Machine Pro is about 3.5 trades per day and almost 5 trades per day when working on 9 pairs, so it certifies as a fairly frequent trading EA. There is no GMT setting as it trades around the clock, so it is not to fret about in this instance. It could be acceptable with the NFA policies when you start trading with one currency pairs only. However, I am not sure about its FIFO capability when you run it on multiple pairs because the EA hedging trading style. You should contact with the owner if you are trading with NFA policies.

Visit Fibo Machine Pro official website

This exciting Forex indicator works well with M15, M30, H1 and H4. There are absolutely no monthly fees and program requires just a one-time payment. Indicator uses a complex code to determine when is the right time to enter or exit the trade. End user receives only simple information in the form of signals. The interface is easy to understand even for beginners. Fibo Machine Pro also contains a new informer, which shows current pair, time frame, entry level, stop loss level, three different take profit levels, current trend direction and trend strength. Everything you need for a profitable trading.

Does it really work?

That will be the reason why many people are using Fibo Machine Pro. Signal trading involves using a pc as well as software program that may alert investors and suggest for them when they must buy or sell a currency pair. The excellent point relating to this kind of kind of trading is really that it frees up the investor to not necessarily need to be able to sit at their particular pc and watch the particular amounts all day long. This platform has a step of 0.1 pips. Therefore, it allows you to earn maximum profit from every deal. It also features a stealth trailing mode to allow invisible trailing. Since the advisor will store current values of SL-TP in RAM, the broker will not know about them. Most importantly, even when a broker increases the spread, Fibo Machine Pro will not open an unprofitable order.
This platform also features a Smart SL-TP trailing mode with an MT4 platform. Thus, there are 4/5 digits brokers. The platform can automatically determine 4-5 digit brokers. You don’t need any calculations. You will just have to set the required parameters in pips, and quit thinking about it.

DOWNLOAD Fibo Machine Pro PDF

Would you be able to show a MyFxBook VERIFIED LIVE account - running at a reputable broker - showing the performance of the strategy?

I assume that you have been making money with this EA... otherwise you would not offer it to other traders...

Correct...?