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Fibo Machine Review –The Fibo Machine is a Scam or Not?
The Fibo Machine is a trading system that generates alerts based on the popular Fibonacci Ratios and delivers them via email, visually, or on-screen. The indicator shows Stop-Loss, Entry, and 3 Take Profit levels
□ Forex System Review: Fibo Machine
□ Platform: MetaTrader-4
□ Markets: Forex Currencies in Multiple TimeFrames
Fibo Machine Review -The Fibo Machine Pro for MT4
Fibo Machine Pro is a Metatrader-4 indicator that is programmed to recognize entry/exit signals based on smart Fibonacci levels. The trading signals include a wide variety of timeframes but most importantly M15 to H1.
In order to install the indicator, you need basic knowledge of the platform MT4.
How it Works
After you apply the Fibo Machine Pro in any chart, it calculates automatically the main Fibonacci levels and then generates three colorful levels that are displayed visually on chart. These 3 colorful lines represent Entry, Stop-loss, and 3 Take Profit levels.
The 3 Take-Profit Levels Explained
- Safe Take Profit: This level is more suitable for beginners, it offers the safest and controlled trading approach
- Medium Take Profit: Natural progression from the safe take profit level
- Aggressive Take Profit: This is the riskiest approach
Fibo Machine Algorithm
The Fibo Machine system combines algorithms with the Fibonacci ratios to generate specific signal levels. The Fibo Machine Pro indicator is designed to work on M15, M30, H1, and H4.
The System's Alert System
The Fibo Machine Pro includes a customizable alert system:
On-screen alert with sound
Mobile Push Notification