| Signal | FMCBR Value | Action | | :--- | :--- | :--- | | | > 0.65 | Enter on close, stop below Fib level | | Weak Long / Avoid | 0.35 – 0.65 | Stand aside | | Strong Short | < 0.20 (with Close < Fib level) | Enter short, stop above Fib level |
While often discussed in specialized trading forums like Forex Factory , the indicator is primarily used on platforms like and TradingView . Technical experts at firms like DSM-Firmenich may also track market volatility using similar analytical structures in broader financial research. fmcbr indicator
Price bounces back up to touch the old fractal low (now acting as resistance). Entry: Enter on a bearish rejection at the retest line. Stop Loss: Placed just above the retest zone. Why Traders Prefer FMCBR Over Standard Indicators | Signal | FMCBR Value | Action |
💡 This indicator is highly popular for XAU/USD (Gold) scalping and day trading on the M15 or H1 timeframes. If you'd like to set this up, I can help with: Specific settings for Gold vs. Currency pairs. Explaining how to read CB1 vs. Dominant Breakout signals. Finding the latest MT4 or TradingView script versions. How would you like to deepen your strategy ? Entry: Enter on a bearish rejection at the retest line
Confirming that a level has flipped from resistance to support (or vice versa).