A trade is taken when price a candle stick creates a small rejection off the 1hr Auto Fibonacci indicator.
General AUDCAD M15 AUDJPY M15 AUDUSD M15 CHFJPY M15 EURAUD M15 EURUSD M15 GBPCAD M15 GBPUSD M15 USDCAD M15 USDJPY M15 XAUUSD M15
1hr AutoFib on 15m.
A trade is taken when price a candle stick creates a small rejection off the 1hr Auto Fibonacci indicator.
Sam
We recommend optimising on major or minor forex pairs. Be sure to apply filters to identify markets with a strong edge—those that show a high win rate and controlled drawdown. Example filters to use:
Total Profit ≥ $1000
Max Drawdown: 15–20%
Win Rate ≥ 60%
Be sure to monitor performance regularly and re-optimize every 1–2 months to adapt to changing market conditions.
If the backtested results don’t meet your criteria, avoid trading that pair/pairs.
AutoFib M15 1hr.set
AUDCAD M15,AUDJPY M15,AUDUSD M15,CHFJPY M15,EURAUD M15,EURUSD M15,GBPCAD M15,GBPUSD M15,USDCAD M15,USDJPY M15,XAUUSD M15
(LowerWickX(1, FibPrice('AutoFib1', 0.5)) || LowerWickX(1, FibPrice('AutoFib1', 0.61)) || LowerWickX(1, FibPrice('AutoFib1', 0.76))) && Signal('AutoFib1') == Bullish && BarSize(1,3) > BarSize(1,1) * VAR2 && LowBars(VAR3) < 2 && HH(VAR5) >= (Ask() + ATR1() * VAR4) ? Ask() : 0
Close(1) - (ATR1(1) * VAR0)
OrderPrice() + (VAR1 * Point)
(UpperWickX(1, FibPrice('AutoFib1', 0.5)) || UpperWickX(1, FibPrice('AutoFib1', 0.61)) || UpperWickX(1, FibPrice('AutoFib1', 0.76))) && Signal('AutoFib1') == Bearish && BarSize(1,2) > BarSize(1,1) * VAR2 && HighBars(VAR3) < 2 && LL(VAR5) <= (Bid() - (ATR1() * VAR4))? Bid() : 0
Close(1) + (ATR1(1) * VAR0)
OrderPrice() - (VAR1 * Point)
0.50
0
12345678
true
0
0
false
3
3
false
+NTL\ATR(1,14).ex5,0
+NTL\AutoFib(:H1,1,'','0.0,0.236,0.382,0.5,0.618,0.762,1.0',10,0,4,50,90,0,1.2,20,250,150,'0.5,1',0,0,3).ex5,0,1,2,3,4,5
5;1,2,3,4,5,6,7,8,9,10
200;100,200,300,400,500,600,700,800,900,1000
0.2;0.2
5;5
1;1
10;10
0
100000.00
0
0
100
1
16
1
16
4
0
0
1000.00;0.00
0.00;0.15
0.60;0.00
72
13
2
16777215
3487231
65280
16776960
16777215
16777215
1