INVITE-ONLY SCRIPT

*FIBAUS BUY and SELL Trender

FIBAUS BUY and SELL Trender: Always be on the right side of the trade and know where to place the stop loss.

Its a very consistent system allowing for a low risk, high gain trading stratergy. Simply wait for the signal to show as BUY or SELL (LONG or SHORT) and place the order.

Tight stops losses are placed above (Sell/shorts) and below (Buy/Long) orders.

Horizonatal plot lines are to be used as Targets and reversal zones. Green lines are support zones and red lines act as resistance zones.

The Lagging line is the 200 EMA which give me a view of the overall trend of the market and indicates if I should only take Buy or Sell orders. When the 200 is RED, I only sell/short. When it is GREEN, I only Buy/Long.

NB: In trading support and resistance zones interchange. This means that supports can become resistance and resistance can become support zones.

For BTC/XBT, I use 2 hour candles.

Forex, I use 1 hour and 3 hour candles.

For Options I use the 1 hour candles.

Stop Loss stays the same for all types (which is above or below the candle signaling buy or sell.

Hit me up if you want access.

Happy Trading !!

FIBAUS

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact fibonacciaustrian directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

fibonacciaustrian

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.