FiboLevel boing boing 系统 (FiboLevel boing boing system)

Hi all,

I'm trading this system for some time now. There was a thread here talking about it, but it's now down ( or lost ?) .
It's sad because it's indeed a very simple and profitable system .

I'm looking here for advices and any ideas to make it even better, and also for people interested in a simple and working trading system to play with ( if they are lost ).

The main idea is to wait for price to fail passing a daily fibo level.

Indicators are made to just help to visualize this and make it easy to detect.

It works at any timeframe on any pair and in any market context ( trending or ranging).

It's a complete system, in the way it has leading indicator and lagging one to confirm.

How to trade :

1- Wait for 3_Level_ZZ_Semafor to start to be in level 3
2- Wait for price to touch a fibo level then retrace . Retrace will be seen when Heiken Ashi change color.
3- Check stochastics to cross. Usually, it's already on the right side ( more than 80 for a sell and less than 20 for a buy).
4- TRADE !

StopLoss is just after the last High/Low
Take Profit can be to next Level, or 2 or 3 levels further.

More details on this in next posts, we will detail that with examples.

Heiken Ashi is optional, if you know how to recognize price action patterns. For me it's just more easy this way.

VERY VERY IMPORTANT NOTE : 3_Level_ZZ_Semafor is a REPAINTING indicator !! I know lot of people don't like it and find completely useless for trading. Integrated in this system, it's very powerful if you jsut think this way ---> Hey, there's a level 3 coming, let's be focus on this one until it reverse on a fibo level !
That's it . Never jump on a trade because you see a 3 poping up, because this 3 will move until it really reverse. Here it's used as a leading indicator to just make you attentive !

Here you will find more explanations about 3_Level_ZZ_Semafor ! It's better than my own explanations.

I've setup also 2 MA, it's just here to help to see trend on higher timeframes.

Here comes the indicators and template i'm using actually.