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ATTENTION-the GRABBER indicator parameters are establish by default for testing and trading over the AUDNZD currency pair, M5 interval.

Set files for setting up GRABBER over the H1 interval – all of pairs (for trading through the European, American, Asian, and Pacific sessions) you can download here – https://yadi.sk/d/pxOg_4osvawi5A

Set files for setting up GRABBER on the M5 interval – all pairs (for trading during the asian and american sessions) you can download here – https://yadi.sk/d/qsJ-LYAi0Z89NA

Set files for setting up GRABBER on the M5 timeframe – separate pairs (for trading duringEuropean, American, Asian, Pacific sessions) you can download here – https://yadi.sk/d/Rw5WaelJKZRZDw

ATTENTION-the GRABBER indicator parameters are establish by default for testing and trading over the AUDNZD currency pair, M5 interval.

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Set files for setting up GRABBER over the H1 interval – all of pairs (for trading through the European, American, Asian, and Pacific sessions) you can download here – https://yadi.sk/d/pxOg_4osvawi5A

Set files for setting up GRABBER on the M5 interval – all pairs (for trading during the asian and american sessions) you can download here – https://yadi.sk/d/qsJ-LYAi0Z89NA

Set files for setting up GRABBER on the M5 timeframe – separate pairs (for trading duringEuropean, American, Asian, Pacific sessions) you can download here – https://yadi.sk/d/Rw5WaelJKZRZDw

GRABBER is not just an indicator, but a real trading
system for manual scalping, which combines several original technical
indicators for market analysis and determining trading goals.

Step 1-using the FIBO CHANNEL indicator, the system builds a
price channel, the boundaries and main levels of which are determined by the formula
of the Fibonacci mathematician.

Step 2-Using the GRABBER-1 indicator
, reversal levels outside the FIBO CHANNEL are determined.

Step 3-using a special filter
, the distance of the reversal level from the boundaries of the price channel is measured.

Step 4-after the quotes go out of the price channel by a
certain number of points and the level of reversal occurs, the indicator
gives an audio-visual signal and places it on the quotes chart:

  • arrow-a signal about the need to conclude a deal and the direction of trade
  • level of placement of an additional (averaging)
    limit order
  • Take-Profit at one of the levels of the FIBO CHANNEL

Step 5-as the quotes move, the GRABBER-2 indicator tracks the
Take-Profit level, which makes it possible to close a trade at the most favorable
price.

To get the best trading results, it is recommended to
use ECN-type trading accounts with a minimum spread.

To get the best trading results, it is recommended to
use ECN-type trading accounts with a minimum spread.


GRABBER Manual Configuration Options

  • pp_diap_for_in ‚Äď price deviation from the edge of the fibo channel
  • input_level_buy – fibo-level for making a purchase transaction
  • input_level_sell – fibo-level for closing a sale transaction¬†
  • out_level_buy – fibo-level for placing Take Profit buy trades
  • out_level_sell-fibo-level for placing Take Profit trades for sale
  • number_limit – number of limit pending orders
  • pp_diap_limit – distance between limit orders
  • period_grabber_in – indicator period for opening trades
  • up_grabber_in – level for purchases
  • down_grabber_in – level for sales¬†
  • Period_GRABBER_Out – period of the indicator to close the trades
  • up_grabber_out – level for closing sales deals
  • Down_GRABBER_Out – level for closing on the purchase
  • period_fibo_indicator – period of the FIBO CHANNEL indicator
  • Fibo_Method – method of market analysis
  • Fibo_Price – method of constructing a channel
  • history_bars – number of bars of the market assessment

Our Useful Features & Services

Published

26 November 2018

Updated

10 April 2019

Current Version

1.7

Reviews

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Christopher Christian Kobiela January 5, 2021 12:57 am
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Awesome Indicator! I get great results using 1H Timeframe. Igor, it’d be amazing if you could also incorporate mail notification. Thank you very much!

Michel Lacroix January 5, 2021 12:57 am
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Best indicator however to scalp. Thanks to push notifications!

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