joeytrader Posted May 13, 2010 Report Share Posted May 13, 2010 joeytrader, What was your experience using this system? In summary it seems to look at bars/candles which close at previous day's fibo levels (from previous high to low), then set pending orders both ways above and below that bar/candle. Stop loss is below the "singal" bar (the one that touches the fibo level) and once the order is hit it either hits sl or is trailed by a trendline. System seems ok, although I wonder if the creator trades this way himself. By the way, what type of strategy do you use now? To be honest, when I first used this system and then left it, it was during a stage of my early trading period which I would call "indicator-based trend-following" style of trading. So I never really gave this Fibo system the full attention it may or may not deserve. My problem at that time was I had trouble following the author's style of presentation of his system, English not my native language, I had trouble understanding it, and I also only had mixed results on those days I tried to test out this system. So eventually I put it into my archive folder, and left it there, thinking one day, when I am back to fibbo type of trading, I can check this out again. After my early stage of adding indicators to my charts to the point of seeing X'mas tree on my chart, I have now slowly moved away from indicator based trend-following system, to more of a pivot point based breakout style of trading. My charts are far cleaner now too. All this time, I have always kept a small portion of my equity doing nothing but to test out different systems (good thing Oanda allows any size of trade). For example, in addition to my main current trading of pivot point breakout trades, I am also running test on the Boss system (on another thread in this forum), a London morning break-out type of system, and the Net trap system, another morning break-out system. That is in addition to eye-balling results on many systems that come through this forum. I love this forum for that, it allows me to "kick the tyre" before deciding if a new strategy works. As I have been slowly improving my strike rate with my own pivot-breakout trading, I assume if I continue to use pivot levels for my trading, it is not a great leap for me to start looking at fibbo as another tool also. Not sure if I answered your question. Quote Link to comment Share on other sites More sharing options...
joeytrader Posted May 13, 2010 Report Share Posted May 13, 2010 ... System seems ok, although I wonder if the creator trades this way himself. ... Like you, I am not sure if the author himself trades this either. The reason I think that is after doing a little bit of research, I have found that the author (Tony) and his group has produced and were selling a number of systems and signal services. The ones I know of (the last time I checked were about 1/2 year ago), in addition to the current Fibby Day Dominator, there are: http://forexflashtrading.com/ http://www.stackersforex.com/ http://www.fxstreme.com/ http://forextimetradingmachine.com/ I have not tried any of these, so cannot vouch for their goodness or badness. Although their individual sales pages and result pages all looked impressive; but I tend to shy away from anyone I suspect who spends more time selling products/services than trading themselves. Just my own bias. I would rather learn from someone who is very good at a single thing, than from someone who seems to have shot-gun approach in terms of strategy/system. If there is a very good strategy/method that works, why bother with so many others anyway? May be this is just my immature newbie logic. Quote Link to comment Share on other sites More sharing options...
litxus82 Posted May 13, 2010 Report Share Posted May 13, 2010 joeytrader, I think this "trader" caught the bug of selling so called "systems" as I looked at them and honestly the look like all other bs. Notice that they all show examples on previous data which is really easy to do for anyone even without a system. What I think separates junk from real is that real systems show live trade examples or at least have some of them. I think you can even play pivot points the same way as he describes fibonacci and get even better results. Quote Link to comment Share on other sites More sharing options...
pipburglar Posted May 17, 2011 Report Share Posted May 17, 2011 here you go: http://www.4shared.com/file/4v0OxQOH/fibyautodrawautoalert.html This link to the indicator no longer works, as well as the link to the indicator video that joeytrader also posted. If someone could please reupload these 2 pieces, it would be greatly appreciated! Quote Link to comment Share on other sites More sharing options...
surya Posted May 17, 2011 Report Share Posted May 17, 2011 please reupload Quote Link to comment Share on other sites More sharing options...
asri Posted July 5, 2011 Report Share Posted July 5, 2011 link is dead. plz upload again.. thanks before.. Quote Link to comment Share on other sites More sharing options...
Trader Jack Posted August 8, 2011 Report Share Posted August 8, 2011 Can someone help with the drawing/alert indicator. The link for this indi is dead, however the main three links for the videos and text still work AOK! Quote Link to comment Share on other sites More sharing options...
dannydon786 Posted August 8, 2011 Report Share Posted August 8, 2011 link dead upload please Quote Link to comment Share on other sites More sharing options...
⭐ dukeaugustus Posted August 9, 2011 Report Share Posted August 9, 2011 I hope this is the indicator you guys/gals are looking for: http://mir.cr/LEOUTTRR Trader Jack and Sesshoumaru 2 Quote Link to comment Share on other sites More sharing options...
Sesshoumaru Posted August 9, 2011 Report Share Posted August 9, 2011 http://www.multiupload.com/S17FDW7IAE mirrored, and thanks! Quote Link to comment Share on other sites More sharing options...
Trader Jack Posted August 10, 2011 Report Share Posted August 10, 2011 This is the indi that we were looking for! Thanks guys! Quote Link to comment Share on other sites More sharing options...
maddman Posted February 28, 2013 Report Share Posted February 28, 2013 Somebody please share the fibby day trading system and indicators.... THANKS!!!! Maddman Quote Link to comment Share on other sites More sharing options...
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