11/29/2022 0 Comments Fibonacci indicator on ninjatraderNO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.Technical analysis can be a helpful, albeit involved, method of determining price trends in foreign exchange trading. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. The past performance of any trading system or methodology is not necessarily indicative of future results. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. This, and all other information on our website, is neither a solicitation nor an offer to Buy/Sell futures or options. Don't trade with money you can't afford to lose. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. This simple to use indicator can provide insight to significant pricing levels to shape your trading decisions. By monitoring this indicator you can begin to see opportunities for things such as entry targets, stop loss points and take profit points. How Can This Indicator Be Used?įibonacci extension and retracement ranges is a widely used tool by technical traders to find key price points to make their trading decisions.įibonacci levels commonly coincide with price support and resistance levels as well as price targets and breakout ranges. The black band within the oscillator monitors when the price is trailing above or below the formed Fibonacci levels. The oscillator located at the bottom of the chart measures the distance between price and the nearest Fibonacci level. Once the price diverts in the other direction and breaks the deviation range, a new series of Fibonacci extensions will form. From those ranges, the indicator creates a developing series of Fibonacci retracement levels as price changes. The Lucrum Fibonacci Extension indicator is a tool that calculates the deviation of price between peaks and valleys.
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