FIBONACHI SIGNALS Trading Guide

The Fibonacci Trend & Signals is a quantitative trading tool engineered to analyze market structure, momentum dynamics, and key price levels.

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Fib 0.5 Level (value): Controls the calculation period and sensitivity for market detection.
• Buy Signal (buySig): Controls the calculation period and sensitivity for market detection.
• Sell Signal (sellSig): Controls the calculation period and sensitivity for market detection.
• CHoCH Bull (chochBull): Controls the calculation period and sensitivity for market detection.
• CHoCH Bear (chochBear): Controls the calculation period and sensitivity for market detection.
• Fib 0.5 Buy (buySig): Controls the calculation period and sensitivity for market detection.
• Fib 0.5 Sell (sellSig): Controls the calculation period and sensitivity for market detection.
• CHoCH Bull (chochBull): Controls the calculation period and sensitivity for market detection.
• CHoCH Bear (chochBear): Controls the calculation period and sensitivity for market detection.
• Fib 0.5 Level (value): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• buySig - Fib 0.5 Buy event signal.
• sellSig - Fib 0.5 Sell event signal.
• chochBull - CHoCH Bull event signal.
• chochBear - CHoCH Bear event signal.

2. Filters and Trade Levels

• value - Fib 0.5 Level value used for structural qualification or thresholds.
• buySig - Buy Signal value used for structural qualification or thresholds.
• sellSig - Sell Signal value used for structural qualification or thresholds.
• chochBull - CHoCH Bull value used for structural qualification or thresholds.
• chochBear - CHoCH Bear value used for structural qualification or thresholds.
• value - Fib 0.5 Level value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.