Fibonacci indicator

Advance Fibonacci Indicator

Strategy Concept
Market Delta Indicator
Market Delta
Determine Open Range

Select the range settings by entering the trading times, we supply all this information in the manuals and videos. 

Enter Order Parameters

Enter contracts to trade, entry offset, profit amounts, loss risk.

Choose Stops, Targets and Profits

Choose Exit Methods, stop loss, profit targets and trailing stops and Profit and Loss targets. 

Fibonacci Indicator NinjaTrader

The Opening Range Breakout automated trading strategy for NinjaTrader 8. Let the strategy trade the directional bias of the predefined range long or short. The software will define the range and the strategy will automatically place the orders. Advanced Fibonacci levels plot on the charts to give you predetermined targets to take your gains.  

In the first hour of trading is the most volatile time frame during the day and can be the most profitable. Let our opening range breakout strategy find the moves and trade them.

This is a pattern that often repeats the Opening range breakouts is one of the important reversal and continuation chart patterns,  designed to capture the moves or reversal during the first hour of trading. The first hour is the most active and is where the breakouts happen. This is where you can make most of your money quickly.

Here is an example of the Open Range Breakout in the ES trading 3 contracts. We hit our pre-determined profit targets for a nice gain. The software comes with manual and videos that explain fully how to trade with it. How to identify the breakouts and catch the big moves.  The opening range is one of the most important chart patterns to learn and make trades in the futures or stock markets.  Opening range levels act as a magnet to the price action.

Configure the algo with your entries/exits, stop loss, trailing stop, breakeven, and multiple profit targets. Trade 1 or 100 contracts with no restrictions on the software.

Trading the ES with the opening range on a short breakdown and sell off. The opening range strategy gets short on a breakdown. Price sells off to our pre-determined targets for a nice gain. Fibonacci levels identify support areas and we take our gains using the opening range breakout.  You can trade any futures contract with the opening range breakout. 

Fibonacci Indicator

Define Your Trading Goals
Money Management

Fibonacci Indicator

Trading123 Fibonacci Levels
Fibonacci
Opening Range Breakout
Open Range Breakout ES

We are trading the ES with our Open Range Breakout Strategy it identifies the breakout area and gets long three contracts. We set profit targets of 8, 14 and 20 ticks price moved up and hit our targets for a nice gain as it shows on the chart.  This is a strategy that is simple to learn and use in your trading.  

Fibonacci levels identify support and resistance levels and use them as targets to take profits. 1st profit target is 61.8 Fib, then the 100% Fibonacci Level. These levels are all explained in the manual and videos that come with the software.

 

Opening Range Breakout
Open Range Breakdown ES

And this chart were trading the ES with the  Opening Range Breakout Strategy its an advanced strategy to identify breakouts and breakdowns. The market was weak and ES had some sellers as the price broke lower. We had profit targets of 20, 40 and 45 and they were hit as the price sold off to the lower fib levels. 

Trade resulted in 105 ticks profit, x 12.50 a tick that’s a nice gain for a short trade.

These patterns repeat each day and are very tradeable to make gains. Simple strategy to learn and trade it, in any futures, the CL, NQ, ES, YM or GC and many others. We give you the guidelines on how to set it up covered in the manual and videos. 

 

Opening Range Strategy
Opening Range Breakout Crude Oil

For this trade were using the Opening Range Strategy to trade Crude Oil.  Crude is trending up and breaks out ad goes higher. Your targets are pre-determined by the Fibonacci levels and we take our gains at those levels.  

Our opening range breakout strategy is available for NinjaTrader 8 only and comes with a lifetime of free upgrades, a trading manual, and videos on how to trade with it.  No restrictions on the strategy trade 1 or 100 contracts. 

 

Opening Range Breakout
Opening Range Strategy
Trade Parameters
  • Trade 3 contracts 
  • Trade all futures any size is no matter
  • No restrictions trade all day
  • Trade up to 3 targets
  • Trade up to 3 contracts
  • Trail Stop
  • Fibonacci Levels Up
  • Fibonacci Levels Down
  • Five Levels of Fibonacci 
  • Fib Levels 38.2, 61.8, 100, 168 and 200
  • Learn the secret times to find these breakouts
  • Works in up or down trend

Opening Range Breakout

Fibonacci Breakout
$395
$ 295
00
One Lifetime License, One Time Fee
  •  
N8 ONly
Trading123 secure site
algorithmic trading automated
automated algorithmic trading

Trading123 proud member of the NinjaTrader Ecosystem since 2009

Trading123 indicators are applicable to all global markets and various time frames including minute, daily, tick, volume and renko. You must use the most update version of NinjaTrader 8 for our software to work.  Our software only works with the Ninjatrader trading platform.

Above all, we provide superior support for our software by phone or email, and all emails are answered within 2-3 hours. All sales are final, there are no refunds on the opening range breakout strategy.  The item you are purchasing is a digital download. By downloading the indicator you have taken ownership of the item, there are no refunds or exchanges. 

Opening Range Strategy Parameters
Opening Range Strategy
Strategy Plots Customizeable
  • Customize the Colors of Fibonacci Lines 
  • Customize the Colors of ORB’s
  • Save as Template
  • Make any color wish
  • Make lines any style
  • Make lines any width 
  • Five levels of Fibonacci Numbers
Opening Range Strategy
Strategy Settings
Customizable Stop Loss Setting
  • Trail stop option
  • Turn on or off
  • Trail Stop trigger
  • Trail Stop trail amount
  • Customizable Fibonacci Extensions 

Legal Disclaimer

US Government Risk Disclosure: Futures, stocks, options and forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website and the products, services and other information contained herein is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed or shown in any video or on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC Rule 4.41 Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of the financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points that can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect trading results.
Testimonial Disclaimer: Testimonials appearing on Trading123.net may not be representative of the experience of other clients or customers and is not a GUARANTEE of FUTURE PERFORMANCE or SUCCESS. All information on this web site or in any videos is provided for educational purposes only and not an offer or a recommendation to trade futures contracts, stocks, options, or forex. Trading123 is not a registered investment advisor, broker, dealer in any jurisdiction and we are not qualified to give financial advice. Users of this site are advised that all information presented is used solely for information purposes, and is not intended to be used as investment advice. Trading123 has automated trading, it is not a black box system to be followed blindly, judgement is needed in filtering the trade setups. All trade decisions are your own risk and responsibility.
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