Moving Average Crossover FIBOnacci
MACFibo stands for Moving Averages Crossover Fibonacci. It is almost like any Moving Averages (MA) crossover system you could find. You google MA crossover, you’d find tons of MA based systems. What makes this system a little bit unique is its ability to objectively picking high probable price levels as profit targets upon a trading signal (which is the MA crossover ofcourse) has been triggered.
Download the PDF guide to understand the system. Happy reading.
MACFIBO SYSTEM GUIDE EDITION 1.2 HAS BEEN RELEASED. PLEASE FIND ATTACHED FOR THE PDF FILE
[B]** For activating candle that is ‘against’ the signal for eg Bull activation candle for Bearish signal, explained here at post #224 : http://forums.babypips.com/free-forex-trading-systems/43378-macfibo-system-23.html#post333807
*** ATTACHED MACFIBO VERSION 1.2 TRADE RECORD FOR :
EURUSD 2012 (Updated 19/05/2012)
MACFIBO SYSTEM edition 1.2.pdf (1.72 MB)
MACFIBO_RECORD_19_5_2012.pdf (164 KB)