Key Features Dynamic SL using ATR volatility measure
Two-Tier Profit Taking for partial/full exits
Automatic Level Calculation based on Fibonacci extensions
Clear Visual Labels with exact price levels
Consistent Risk Management (1.5-2% per trade)
Optimization Table Parameter Scalping Day Trading Swing Trading ATR Multiplier 1.0 1.5 2.0 TP1 (1.272) 70% Position 50% Position 30% Position TP2 (1.618) 30% Position 50% Position 70% Position Time Frame 15-min 1-hour 4-hour
Pro Tips
Confirm with Volume: Increase volume at Fib levels improves signal reliability
Adjust in Ranging Markets: Use tighter SL (1.0x ATR) during consolidation
Trailing Stop: Move SL to breakeven at TP1 hit
Session Timing: Trade during London/NY overlap for best volatility