Friday, April 17, 2009

Fibonacci Trader

Fibonacci Trader - the program of technical analysis for professional traders. With this program you can download quotes, build charts and indicators, to analyze the current situation. Fibonacci Trader provides a complete environment for analyzing and developing trading systems, as the currency, and the stock market. It has all the functions inherent in modern technical analysis.

The program is distributed in two basic versions: Real Time and EOD-version (End of Day).

Version Real Time


Version Real Time server requires a real-time quotes from the providers of economic data (eSignal, S & P Comstock, DTN, Tenfore, Quote.com, MyTrack, Dow Jones Telerate, Reuters, Interactive Brokers). Before you start using Fibonacci Traders make sure that the manager is running and the quotation of the incoming data. Provider of real time data is set in the menu Utilities (Service) under Data Source (Source).

Setting the import quotations

Import quotations are not of great complexity. Simply choose from the list and set the address of your server (if you subscribe, you must have the address of the server).

If you are unable to purchase a paid quoting, and explore the functionality and work with the program you want you can use the link MetaTrader-Fibonacci Trader, where the supplier quotations to be used Metatrader. It will provide the history of Fibonacci Trader quotations ticks and flow of information in realtayme. This is a working terminal for Forex market.

To do this, MetaTrader to allow the export quotation via DDE, but in the Fibonacci Trader indicate that the quotes will come from the DDE-server. Programs do not conflict, and work well together.

Settings DDE Metatrader

One-value Real Time Edition is $ 1495. If you want to rent the program, you it will cost $ 55 a month.





Version EOD

Version EOD (at the end of the day) is specially designed for traders who conduct their analysis at the end of the day, after the markets closed. As a supplier of quotations may make Pinnacle Data Corp, TC2000, CSI, Metastock (old and new formats), Computrac, Bridge Final Markets.

Cost of EOD-version is $ 749. In this version of the quotations come not in real time and are imported as historical data.

Implementation of technical analysis

Against the background of other programs of technical analysis looks good to work with graphic objects, including user-friendly interface for easy creation, editing, and compiling a list of contracts and the removal of entire groups of characters, as well as an interface for modifying graphs, import and export data and a module for new trade systems.

On the toolbar, presented a large set of original indicators (all indicators of more than 100) and objects, which allows the trader to find new patterns by using new tools and techniques based on Fibonacci numbers. And on that basis to build their own trading methodology.

The functionality of the program is not confined to one indicator, as there is a visual designer to build a trading system, simply clicking the mouse.

The author pays great attention to the methods of work on Fibonacci numbers, so in a large set of Fibo-tools: Action Reaction, Angle Lines Arrow, Circle and Ellipse Crosshair, Daniel Lines, Expansion, Fibonacci Arcs, Fibonacci Fan, Horizontal Line, Fork, FT Price Projection , Gann Divisions, Gann Fan, Gann Square, Gann Square of 9, Least Square, Price Line.

More details of these instruments painted in the Drawing Tools section of the site.




If you are a programmer, it is possible to program their own indicators using Dynamic Link Libraries (DLLs).

With regard to the support and the availability of a manual, the official site has an interactive video course, true only in English. Is it the author of famous trader Robert Krause. In practical examples it demonstrates the use of different tools (indicators). In principle, a full master-class on the methods and techniques of trade in the Fibonacci Trader.
A 30-day trial version of Real Time. It is here and it is presented. Quotations in the trial version provided by FXCM. If you decide to buy the program, you are a Visa or MasterCard, as well as through the payment system PayPal.

Attention! To use the demo version of Fibonacci Trader, you need to register on the official website, stating the name and email, to get a login and password for the trial version.

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