The Daily Boxed Fibs & Pivots & Gann indicator for mt4 displays Fibonacci levels, pivots and Gann directly on the chart.
The indicator appears in the main MT4 chart window with all aforementioned levels plotted onto it.
Daily Boxed Fibs & Pivots & Gann is a pure price action indicator and can be used in multiple ways.
Trade Example
- Consider a long position as soon as price closes above the pivot point.
- Consider a short position as soon as price closes below the pivot point.
The Daily Boxed Fibs & Pivots & Gann indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “DXTrade Daily Boxed Fibs&Pivots&Gann2.ex4” indicator for MT4
Indicator Example Chart (EUR/USD H1)
The example chart below displays the Daily Boxed Fibs & Pivots & Gann mt4 indicator in action.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the Daily Boxed Fibs & Pivots & Gann Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Price action
Does the indicator repaint? No.
Download Now
Download the “DXTrade Daily Boxed Fibs&Pivots&Gann2.ex4” indicator for Metatrader 4
