Fibonacci Bands [Starbots]

2024年6月6日

This strategy is working using Fibonacci rules in quite unique way.

We are using VWMA as basis of price Moving Average. Then we calculate the deviation of this Basis using multiplier, similarly to what we do on Bollinger Bands and search for Fibonacci targets using basis price as 0.0 instead of close price of previous high/low pivots.

Recommended parameters can be found in inputs << [Multiplier] Band(1.5-2-3✅) >>
This strategy is quite easy to setup on 5min -1h charts and it's highly profitable. I don't recommend using Stop Loss.
Use Take Profit to catch some pumps, set your Basis, Multiplier and Fib targets nicely and that's about it. Let the strategy ride the market.

2024年6月10日

版本注释

Updated strategy with tradional Fibonacci bands and added some improvements.

2024年10月2日

版本注释

+Swing Trade and One-Way Mode trading alerts now available.
+Added DCA order deviation % function.