Gabel's DowHow Fibo Pro
This product is electronically distributed.
This Add-On takes you back to the absolute roots of stock exchange trading: the continuous switching between supply and demand in the order book – subsequently visible in the chart – leads to movements and corrections that eventually culminate in a trend.
This natural behaviour of all markets is reflected in Charles Dow’s basic principles. Hence the name of the Add-On, DowHowFiboPro: the right Dow Theory know-how with the aid of the Fibonacci rules.
- A valid trend must be present.
- The price must be located in the accumulation phase, optimally in the last correction zone.
- The trend must not be too mature.
- The entry takes place in the accumulation phase with the aid of the Fibonacci retracements.
DOCUMENTATION OF THE DOWHOW FIBO PRO ADDON (click)
This Add-On takes you back to the absolute roots of stock exchange trading: the continuous switching between supply and demand in the order book – subsequently visible in the chart – leads to movements and corrections that eventually culminate in a trend. This natural behaviour of all markets is reflected in Charles Dow’s basic principles. Hence the name of the Add-On, DowHowFiboPro: the right Dow Theory know-how with the aid of the Fibonacci rules.
This Add-On combines the basic rules of stock exchange trading with the simplicity required to successfully stand one’s ground in the market over the long term. This Add-On works according to the following rules:
- A valid trend must be present.
- The price must be located in the accumulation phase, optimally in the last correction zone.
- The trend must not be too mature.
- The entry takes place in the accumulation phase with the aid of the Fibonacci retracements.
As soon as these conditions are present in a market, the signal for an entry appears.
This Add-On contains the signals on the basis of the normal candle depiction as well as on the basis of the Heikin Ashi version.