- February 1, 2023
- Posted by: Forex Wiki Team
- Category: Forex Trading System
The Rapid Fibonacci Forex Scalper System Review
The Rapid Fibonacci Forex Scalper System is a non-repaint indicator system that provides easy-to-use buy/sell signals. It is marketed as a tool that can be used by both novice and experienced traders, and it comes with a one-time purchase price of 97 dollars. The system consists of two components: the Fibonacci display and the Fibonacci Buy/Sell scalper.
The system can be used on any timeframe. However, for scalping purposes, use it on the M1/M5 trading charts or any other timeframe of your preferences during the most volatile trading sessions for maximum results.
Best Brokers List
TheThe Rapid Fibonacci Forex Scalper System works with any broker and any type of account, but we recommend that our clients use one of the top forex brokers listed below:
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
|Register||2007||Sydney, Australia||1:1000||$200||ASIC, SCB, FSA|
|Register||2010||Melbourne, Australia||1:500||$200||FCA , ASIC, DFSA|
|Register||2008||Cyprus||1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|Register||2011||London, England||1:500||$25||regulated by CySEC|
|Register||2006||Dublin, Ireland||1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
The Rapid Fibonacci Forex Scalper System Indicators
Setting up the signal alerts: The system comes with onscreen, email and push alerts. You’ll need to enable the alerts you want from the indicator’s inputs tab.
How To Trade With rapid fibonacci forex scalper system
The system consists of 2 components: the Fibonacci display and the actual Fibonacci Buy/Sell scalper.
rapid fibonacci forex scalper system has been designed from the ground up with novice traders in mind but the system also tailors to experienced traders.
The Smart Display window positioned on the right corner of your trading chart shows you the most favorable trend and lets you have a quick insight into upper time frames without the need for tracking the price action in multiple windows. It enables you to trade with the correct trend!
Fibonacci Scalper Buy and Sell Arrows :
A blue arrow represents a buy signal.
A pink arrow represents a sell signal.
Buy Signal: The Fibonacci Analysis window “Analysis” must display “Buy Only” + the Fibonacci Scalper indicator draws a blue buy arrow on the chart.
Sell Signal: The Fibonacci Analysis window “Analysis” must display “Sell Only” + the Fibonacci Scalper indicator draws a pink sell arrow on the chart.
Protective Stop-Loss Placement
Buy Signal: Place a protective stop-loss below the most recent swing low price.
Sell Signal: Place a protective stop-loss above the most recent swing high price.
Take Profit Methods
Method 1: Take profit when an opposite Fibonacci Scalper trading signal pops up on the chart. For an open buy trade, a pink signal arrow to sell pops up on the chart. For an open sell trade, a blue signal arrow to buy pops up on the chart.
Method 2: Close the open buy or sell trade at a predetermined take profit level. For instance, close the open trade when the price moves 15-35 pips in your favor on the 5-minute chart.
For instance, close the open trade when the price moves 40-100 pips in your favor on the hourly chart. That’s it, trade profitably with the Fibonacci Scalper System.
The Rapid Fibonacci Forex Scalper System Free Download
We highly recommend trying Rapid Fibonacci Forex Scalper System with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.