Fibonacci PRO FxSystem is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data. Fibonacci PRO FxSystem provides an opportunity to detect various peculiarities and patterns in price dynamics that are invisible to the naked eye. Based on this information, traders can assume further price movement and adjust their strategy accordingly.
Fibonacci PRO FxSystem is a trading system suitable for swing traders. This system is very effective in longer time frames like four hour and daily charts. This a trend following the system. Therefore, you should be taking trades only in the direction of the major trend and never attempt to trade against the ongoing trend.