Presently,Forex seems to be one of the most profitable investment for short-term investors. In fact,to profit from Forex,you will mostly see chart and then complete an order. If you know how to sell/buy and take profit the correct way,you will certainly win.
But guy,nothing is easy as you think. Of all 100 traders,just 10 of them can really profit from it. There’s a lot of thingthing to analyze such as trendline,MACD,RSI,Money Flow and Fibonnacci.
Fibonacci is a perfect sequence of numbers and it’s applied popularly in technical analysis
In order to become a successful forex trader,Fibonacci shouldn’t be forgotten. Now,i’m going to show you a forex signal,Fibo Quantum,which i am currently using and really trust it.
Fibo Quantum is like the name,it focuses mostly on Fibonacci signal and it helps you trade easier via that way. Let’s checkout my Fibo Quantum review so that you understand how it works.
Notes : i have tested Fibo Quantum before and i have also read the user’s guide. Therefore,you are reading a real user review.
Table of Contents
What is Fibo Quantum?
Firstly,It’s a Fibonacci based indicator for MT4 (Not EA/Robot) that works on ALL pairs and M15-D1 timeframes.
Fibo Quantum” comes with a step-by-step user guide with screenshots, special tips and trading rules (like stop loss and take profit) so as yo help you enter and close trade.
Every time there is a new trading opportunity,“Fibo Quantum” generates a unique set of levels.
Each set includes:
1) BUY: Entry level + Stoploss and 3 TakeProfit levels
2) SELL: Entry level + Stoploss and 3 TakeProfit levels
Whenever a new set of levels is generated or an Entry level is reached – “Fibo Quantum” will inform you via pop-up sound alert, email alert or a push notification sent to your mobile.
How Does Fibo Quantum Works?
Before you read my review,please note that i will review it as a trader,not a marketer. Personally,i spent time everyday to perform technical analysis so that i am very understanding about forex. Once again,i’m not trying to scam you,i will show you exactly how to do. I know Fibo Quantum after reading user guide and a chat on Skype with the support team.
In the user guide of Fibo Quantym,you will see how to install it. Once again,it’s a forex signal so you will need a forex account on your desktop first. You should only use some big and trusted brokers such as ThinkForex or Etoro. The broker Karl Dittman recommend is Forex.com
In order to setup,you will need a Clickbank receipt. Fibo Quantum is currently powered by Clickbank,you can get it here.
After that,you just need to download the file. There are 2 file you need to download,the exe file and the ddl file,all will be mentioned step by step.
Currently,the exe file is for Windows so that if you use Mac like me,you will need Parallel or Bootcamp Window.
This is how you will see after setting up. Remember,you need to see this everytime you open your Mt4 account.
2.Rules of Fibo Quantum
After reading the user’s guide,there are 6 trading rules when using this indicator.
Firstly,you can not trade in flat market and trend is not noticeable in week market. Secondly,trendline is a friend of forex,even if you have Fibo Quantum,you must have a view with trend. Besides,Avoid opening a new trade, until the previous trade (on the same currency pair) hasn’t been closed.
Some people think they can make money with Fibo Quantum by entering multiple trade simultaneously,that’s not correct. Always manage your porfolio.
Enter trades only when the price reaches Buy Entry
or Sell Entry level within the generated signal level lines.
In this scenario,don’t trade,just let it go. And lastly,Avoid entering more than one trade per one set of generated signal level lines.
You can customize for your own trade using this indicator,of course. Trading Style is the most important parameter. It’s set to “Conservative” by default and this is the best TradingStyle. There are 4 modes for Trading Style:
Conservative – Concentrates on optimal ratio between all signal
Medium – Combination of conservative and aggressive
Aggressive – Concentrates on extreme ratio between all signal
Custom – Allows you to take full control of the levels and manually configure them to match your preferences
4.Buy and Sell
Here’s what you need to do when using Fibo Quantum. Karl Dittmann has done everything to make your trade as easy as possible. For Buy trade,this is what he instructs.
Notes : Price must be within the generated signal level lines.
And sell in contrast.
For BUY Trades – Exit at any of the 3 TakeProfit Levels above the Buy Entry Level
For SELL Trades – Exit at Any of the 3 TakeProfit Levels below the Sell Entry Level
5.Fibo Quantum in Action
Firstly,when using Fibo Quantum,you mostly view the trend and the fibonacci this indicator generates.
For example,if the trend line is down like this and you see the Sell Entry,you definitely need to sell.
After you sell,then you need to wait until it touches Take Profit Entry. As you can see,in the TakeProfit 2 level,candle has been reversed.
If you have a view on Fibo Quantum,it has Blueline Buy Entry but it’s not a good time to buy. You should only buy trade if the candle is actually within that Fibo Level. Here’s an example,it must be within the level.
Very clearly,right,when you see Buy Entry,it doesn’t mean it’s a good timing for Buy Trade. If the signal is not within the generated line,it’s down if you see Buy Entry and it’s up if you see Sell Entry.
And that’s all you need to understand before buying Fibo Quantum. In fact,it’s 100% legit.
Before you buy this forex indicator,make sure you understand it by watching my video first. I will post other videos so as to bring you an overview.
Pros of Fibo Quantum
1 Real Account and Unlimited Demo Account
Accuracy Sell/Buy Signal
Generate Take Profit/Stop Loss Level
Work with various time frames
Integrate all MT4 Platform
Money Management Trading Rules Guide
Easy interface and easy to manage
Three Types of Alerts
Cons of Fibo Quantum
1.Not Always Correct
When trading with Fibo Quantum,keep in mind,you are scalping. Scalping is like you see the chart and then make an order based on trend,price. But guys,nothing is 100% correct,this signal can not determine correction. Besides,Karl Dittman recommends you to stop loss if you see Stop Loss leve.
In summary,Fibo Quantum is a great fibonacci indicator that you can have a try. I personally tested his other products so that i think it’s another high quality signals that you can trust. Don’t worry about this product,scammers are never allowed to be mentioned on my site. If you are not a full-time trader,it’s OK to have a try with Fibo Quantum,it’s really accurate and reliable for forex traders. The most important factors of this signal is that it can detects reversion as well as how it lasts (like Take Profit/Stop Loss level) and the trading rules.