Fibo Box Indicator

Posts: 22470 · #91 - February 23, 2026, 09:52:06 PM

Quote from: Somoyo on February 10, 2019, 04:22:48 PM

I hope to be able to generate profits as expected
hopefully always successful in trading
the market is always good

The market always presents opportunities, but not every market condition is suitable for every strategy. Mature traders know when to be active and when to hold back.

Posts: 22470 · #92 - February 24, 2026, 11:12:17 PM

Quote from: ASHfx on February 10, 2019, 01:38:30 PM

thank you for sharing. but there is something I want to ask. what is the advantage of this fibo box? try giving a little explanation to use it. because here maybe a lot of people don't know it yet.

Fibonacci boxes are primarily used to help traders map price movement areas in a more structured manner. Their main advantage is their ability to indicate potential support and resistance zones based on Fibonacci ratios.

Posts: 22470 · #93 - March 25, 2026, 09:56:20 PM

Quote from: Tauzan on August 14, 2019, 02:09:21 AM

Thank you for sharing a good indicator. With this indicator, I know more about the direction of the market

It's important to remember that indicators don't actually "determine" market direction, but rather simply help interpret past price data. Most indicators are lagging, meaning they follow price movements rather than accurately predict future events. Therefore, while indicators can provide direction, they can still be late or even false in certain market conditions.