[Vendor] Daily Fib Trader (3 months)

Are you looking to pass your APEX evaluation accounts? Let Daily Fib Trader take charge.

Leveraging Fibonacci levels, this tool executes trades with adjustable entry and target parameters, putting you in control. Its customizable filters enable you to fine-tune your trading strategy, facilitating consistent account growth.

Key features:

• Utilize Fibonacci Retracements from the prior trading session in alignment with the trend.
• Enjoy complete flexibility with customizable entry and exit points.
• Tailor your approach with adjustable scaling methods.
• Leverage a variety of filters to pinpoint optimal outcomes and align with your trading preferences.
• Access instructional videos and detailed guidance on utilizing the tool effectively.

Strategy performance

Scaling in

This strategy seamlessly integrates dollar-cost averaging into your trades. Choose from position sizing options from 1 to 8 to outline up to eight scaling positions and determine the number of contracts for each level. Opt out of scaling at any level by setting the position size to 0.

Entries

1. Opening range

The opening range delineates the time interval used to calculate session high and low prices.

Segment the range into multiple lines from low to high using:

• Fixed number of steps
• Specified tick range per step
• Fibonacci levels

2. CSV Date filter

The CSV Day filter empowers you to import a .csv file with dates you want to exclude from your trading strategy. This feature is especially useful during backtesting, enabling you to disregard specific dates and enhance the accuracy of your analysis.

3. Moving average filter

The strategy selectively triggers long trades in uptrends and prioritizes short trades in downtrends. It accomplishes this by leveraging the MA filter to designate a moving average type, such as SMA, EMA, WMA, or VWMA, to identify the prevailing trend.

Exits
1. Daily loss/profit
You can set a daily profit or loss threshold within the system. Once this threshold is met, the system will stop trading for the remainder of the day.
2. Target
This parameter enables you to set the target offset in ticks.
3. Breakeven
You can customize various settings dictating when the target shifts to break even. For further information, refer to the instructional videos.