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BERG Fibo Trend Trader

125 USD

Demo downloaded: 12

Published: 23 September 2024

Current version: 3.5

BERG Fibo Trend Trader

Indicators
Mark Thimoty Evangelista
Version: 3.5
Updated: 30 October 2024
Activations: 10

The Ultimate Tool for Fibonacci & Moving Average-Based Signals

Live Streaming: https://www.youtube.com/@bergtraders/streams

Are you looking to gain an edge in your trading by mastering price action at critical Fibonacci levels and moving average lines? The BERG Fibo Trend Trader is designed to give you clear signals when price action interacts with these key levels, helping you to spot potential market trends, entries, and exits more effectively.

This advanced indicator seamlessly combines Fibonacci retracement and extension levels with moving average filters, offering a unique and powerful approach to trading. It gives traders the tools needed to detect market trends, reversals, and potential breakout opportunities with minimal effort.

Key Features of the BERG Fibo Trend Trader

1. Automated Fibonacci Level Calculation

The BERG Fibo Trend Trader automatically calculates and draws Fibonacci levels on your chart. Whether you’re working on daily, weekly, or custom timeframes, this feature ensures you never miss key price action points. Choose to show specific Fibonacci levels, from the standard retracement levels like 23.6%, 38.2%, 50%, and 61.8% to extended and even negative Fibonacci levels, like 127.2%, 161.8%, and 261.8%.

2. Clear Buy and Sell Arrows

Receive signals with easy-to-read arrows directly on your chart. These signals are generated when price action occurs near Fibonacci levels or moving average lines, helping you identify high-probability trade setups.

3. Moving Average Filter

The indicator comes with a customizable moving average filter to refine your trading signals. You can choose between more than 5 configurable periods and timeframes, ensuring signals align with long-term trends.

4. Multiple Timeframe Support

Analyze price action across different timeframes to detect stronger, more reliable trends. Whether you’re trading on a 1-minute chart or a daily timeframe, the BERG Fibo Trend Trader helps you stay on top of the market dynamics by integrating multi-timeframe moving averages and Fibonacci options.

5. Advanced Filters for Higher Accuracy

The BERG Fibo Trend Trader offers several advanced filters to eliminate false signals:

• ADX/Trend Strength Filter: Helps identify strong trending markets.

• Stochastic Filter: Fine-tune your entries using overbought and oversold conditions.

• Tenkansen (Ichimoku) Filter: Adds another layer of trend-following accuracy.

• Band Filter: Adds another layer of trend-following accuracy for fast-moving markets.

• Strict Candle Pattern Filter: Strict pattern recognition to avoid low-quality setups.

6. Real-Time Alerts

Stay ahead of the market with customizable alerts. The BERG Fibo Trend Trader provides real-time alerts when price action approaches critical Fibonacci levels or moving averages. You can enable or disable alerts, ensuring you never miss an important signal.

Why Traders Love the BERG Fibo Trend Trader

1. Simplicity & Clarity: Receive clean, easy-to-understand buy and sell signals.

2. Customizable & Flexible: Modify Fibonacci levels, moving average settings, and filter options to fit your strategy.

3. Multi-Timeframe Analysis: Get a broader perspective with moving average calculations across multiple timeframes.

4. Boost Your Confidence: The indicator helps you confirm price trends and potential reversals, giving you the confidence to enter trades.

How Does It Work?

1. Fibonacci Calculation: The indicator automatically draws Fibonacci retracement and extension levels based on user-defined timeframes. It calculates these levels using recent price swings, ensuring key market points are clearly visible.

2. Trend Confirmation: With the moving average filter, the indicator only shows signals when price action aligns with long-term trends (e.g., MA50 or MA200), reducing noise and false entries.

3. Signal Generation: When price interacts with Fibonacci levels or moving averages, the BERG Fibo Trend Trader generates clear buy or sell signals with arrows on the chart. Traders can then evaluate the signal using additional filters like ADX and Stochastic for even more precision.

4. Alerts: Real-time alerts notify you when a trade signal occurs, allowing you to act quickly.

Who Is This For?

The BERG Fibo Trend Trader is designed for traders of all experience levels who are serious about improving their technical analysis skills. Whether you’re a beginner looking for clear entry and exit signals or an experienced trader seeking to enhance your strategy with Fibonacci and moving averages, this tool is for you.

Important Note for Beginners:

Before diving into live trading, it’s essential that you develop a solid foundation in price action strategy. Most of the signals generated by the BERG Fibo Trend Trader indicate that a potential movement is building up. These are early signals, often hinting at upcoming market shifts, but the most accurate entries will be confirmed by subsequent signals.

To be successful, you need to learn how to interpret price action. This includes understanding how the market behaves around Fibonacci levels, moving averages, and key support and resistance zones. You must be able to identify patterns, trends, and market structures that indicate whether these signals align with a real trading opportunity.

If you’re a beginner, we recommend starting with a demo account. This allows you to apply the signals without risking real money. Use this opportunity to build your own trading strategy that includes:

• Price action analysis

• Risk management

• Proper use of Fibonacci and trend lines

You can also find numerous instructional videos on YouTube that teach price action strategies within a Fibonacci and trend-based context. Take the time to study these and master the concepts before moving to live trading.

Why Price Action Is Key:

Price action reveals the market’s current psychology and helps you determine whether to trust a signal. With this knowledge, you’ll be able to confirm whether the potential movement identified by the BERG Fibo Trend Trader is setting up for a true entry or if more patience is required.

By investing time into learning price action and building a personalized strategy, you’ll be much better prepared to use the BERG Fibo Trend Trader effectively and achieve consistent results.

INPUT PARAMETERS

Fibonacci Settings

• DrawFibonacciLevels Enable or disable the drawing of Fibonacci levels on the chart. Set to true to display Fibonacci levels, or false to hide them.

• Timeframe Select the timeframe for Fibonacci calculation, choosing from standard options like M1, H1, H4, or D1.

• Fibo Trend Following Method Method used to determine the trend direction for Fibonacci levels. MA (Moving Average), Tenkan-Sen (Ichimoku), or Manual method.

• Fibo Trend Following Method (MANUAL METHOD) Manually define the trend direction when using the Manual Trend Following Method.

• AlertOn Turn alerts on or off. Set to true to receive alerts for trading signals, or false to disable them.

• SendPopupAlert Enable or disable pop-up alerts. When set to true, notifications will appear as a pop-up when a signal is triggered.

• SendEmailAlert Activate or deactivate email alerts. Set to true to send email notifications when a trading signal occurs.

• SendSoundAlert Enable sound alerts for signal notifications. Set to true to hear a sound when a trading signal is generated.

• DrawArrows Toggle drawing arrows on the chart for buy and sell signals.

• fiboLevelDistanceToCandle Set the distance, in points, between the Fibonacci levels and the candles on the chart.

• MaxBars Define the maximum number of bars to process during calculations.

• StartHour/StartMinute Specify the start time (hour and minute) for calculating Fibonacci levels.

• EndHour/EndMinute Set the end time (hour and minute) when Fibonacci level calculations will stop.

Filters

• InpIsADX Enable or disable the ADX/Trend Strength Filter to enhance signal accuracy in trending markets.

• StochFilter Turn on or off the Stochastic Filter for refining entry points based on overbought or oversold conditions.

• MAFollowing Use or skip the Moving Average Filter to confirm signals with trend-following logic.

• InpIsTenkan Activate or deactivate the Tenkansen Filter for added trend accuracy using the Ichimoku method.

• IsBandFilter Enable or disable the Band Filter to refine signals in fast-moving markets.

• InpIsEngulfingCandle Apply a strict candle pattern filter to identify high-quality setups with engulfing patterns.

Tenkansen Settings

• inpTenkan_Sen Set the Tenkan-sen period for the Tenkansen Filter.

• InpTenkanColor Choose the color for the Tenkan-sen line on the chart.

• InpTenkanStyle Set the line style for the Tenkan-sen line (e.g., solid or dashed).

• InpTenkanWidth Define the thickness of the Tenkan-sen line on the chart.

Moving Average Settings

• MATrendMethod Select which moving average period (e.g., MA50, MA200) to follow for signal confirmation.

• InpMAMode Choose the method for calculating the moving average (e.g., SMA or EMA).

ADX Filter Settings

• ADXMinLevel Set the minimum ADX level required to apply trend strength filtering.

• InpADXPeriod Define the period for ADX calculation.

Fibonacci Lines and Text Settings

• LineColor Set the color for the Fibonacci lines on the chart.

• TextColor Set the color for the text labels indicating Fibonacci levels.

• LineStyle Choose the line style for Fibonacci levels (e.g., solid, dashed).

• ExtendLines Enable or disable the extension of Fibonacci lines to the right side of the chart.

• LabelText Enter custom text to display next to Fibonacci levels for labeling.

• TextFontSize Set the font size for Fibonacci level labels on the chart.

• TextHorizontalOffset Specify the horizontal offset (in bars) for the position of Fibonacci level text.

• TextVerticalOffset Define the vertical offset (in points) for positioning Fibonacci labels relative to the levels.

Get Started Today

For those who are serious about taking their trading skills to the next level, the BERG Fibo Trend Trader can become an indispensable tool. Just remember: mastering the basics of price action and risk management will set you on the right path to success.

Build confidence in your strategy with the power of technical analysis and price action, then let the BERG Fibo Trend Trader guide you to precise, well-timed entries.

Why Choose the BERG Fibo Trend Trader?

• Proven Trading Strategy: Combining the power of Fibonacci levels and moving averages has been a reliable strategy for professional traders.

• Customizable: Tailor the indicator to match your specific trading style, timeframe, and market.

• No More Guesswork: Clear signals and real-time alerts reduce uncertainty and help you act with confidence.

• Save Time: Eliminate manual Fibonacci calculations and streamline your analysis.

Get Started Today!

Transform your trading with the BERG Fibo Trend Trader and start capturing the market’s best opportunities. Download now and get instant access to:

• Real-time Fibonacci-based trading signals.

• Multi-timeframe moving average filters.

• A powerful, customizable trading toolset.

Disclaimer: Trading financial instruments involves substantial risk and may not be suitable for every investor. Past performance is not indicative of future results. Always practice responsible risk management.

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Alright. This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle. A red arrow means sell and a green arrow means buy. All arrows comes with Popup Alert like for easy identification of trade signal. Are you okay with that? 100% non repaint Work All Major currency Pair, 1 minute time frame 1 minute expire

150 USD

Bomb Bank Signal: Your Trusted Indicator for MetaTrader 4 The Bomb Bank Signal is a powerful indicator for MetaTrader 4, designed to identify the most relevant trends in the financial market. If you are looking for a tool that accurately anticipates movements, Bomb Bank is the ally you need. How it Works: This indicator combines three distinct methods – volume analysis, candle closes and symmetrical trend – to detect and signal buying and selling opportunities. Bomb Bank is like a "bomb"

592 USD

This indicator is designed for those familiar with smart money concepts, specifically accumulation and distribution. It tracks subtle moves by institutional traders, not always aligned with traditional strategies. Ensure it fits your trading style by testing thoroughly before purchasing. Sneaky Buster is designed to help retail traders identify smart money moves. Traditional indicators often miss these subtle maneuvers, which inspired the creation of this tool. It effectively detects price cons

359 USD

Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra

300 USD

This indicator is based on the mathematics of the great trader W.D. Ganna. With its help, you can easily find strong levels by analyzing swings to find the optimal entry point. The indicator works on all instruments and all timeframes. The indicator is fully manual and has control buttons. All you need to do is press the NEW button, a segment will appear, which you can place on any movement, swing or even 1 candle that you want to analyze. By placing the segment, press the OK button. A grid (th

570 USD

TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo

168 USD

Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $90! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd

132 USD

ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The

250 USD

Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool. However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal Sniper Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i

150 USD

NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu

129 USD

Introducing Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years, Quantum Breakout PRO is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breakout box.

149.99 USD

MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith

129 USD

Unlock Your Trading Potential with BERG Daily FIBO Pro BERG Daily FIBO Pro is a powerful and customizable Fibonacci retracement indicator designed exclusively for the MetaTrader 4 (MT4) platform. Whether you're a seasoned trader or just starting, this indicator is your go-to tool for identifying key support and resistance levels, enhancing your market analysis, and optimizing your trading strategy. Why Choose BERG Daily FIBO Pro? Precision in Fibonacci Analysis: Gain an edge in the market

59 USD

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Version 3.5 2024.10.30

Minor Bug Fixes

• Removed “Price Touched” notifications on terminals.
• Fixed freezing of the terminal when the indicator is removed from the chart (only if other indicators are present).

Version 3.4 2024.10.07

Optional
-Added Fibo Trend following methods: Moving Average, Tenkansen and manual modes

Version 3.3 2024.10.07

Important
-Bug fixes; Fixed a minor issue with Fibo calculation logic's way to determine the trend direction.

Version 3.2 2024.10.02

Optional

-Turn off sound alert by default to avoid redundancy
-Allow user to enable/ disable FiboStart vertical line
-Matched the FiboStart vertical line with the colors and styling of fibo lines
-Selectable arrow styles

Version 3.0 2024.09.25

Optional Update:

-Fix ObjectDelete and UniquePrefix to allow multiple instances to load on the same chart.
-Move the MA and Tenkan lines to align with the current candle.
-Only draw Fibonacci lines after the vertical lines (using FiboStartTime) for better clarity.

Version 2.2 2024.09.24

-Improved Time Filter
-Added variable candle distance to MA/Fibo levels with fixed, ATR and candle-averaging methods for improved quantity of entries.
-Important bug fixes