Greatest Fibonacci Trading Strategy in 2026? — Transcript

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1. 0:00is my Fibonacci trading strategy. What
2. 0:01we want to do is identify our clearest
3. 0:03pivot high and our clearest pivot low.
4. 0:05From there, what you want to do is take
5. 0:07your Fibonacci retracement tool and take
6. 0:08it from that pivot high to that pivot
7. 0:10low. And then you want to see how price
8. 0:11reacts to the 50 and 61.8. Another
9. 0:14really good example is this pivot high
10. 0:16to pivot low right here. Highest point
11. 0:17of price action before the large flush
12. 0:19down, lowest point of price action
13. 0:20before price started to rebound, went
14. 0:22right up into the level, rejected it,
15. 0:24offering a low-risk short position with
16. 0:26a stop loss right above this high. And
17. 0:27then from there, you can see that that
18. 0:29was the exact high of day before price
19. 0:31flushed all the way down to the low of
20. 0:32day. So, this is actually a really
21. 0:34common way of using the Fibonacci. What
22. 0:36he's doing is identifying the trend
23. 0:38first, and then he's using the Fibonacci
24. 0:40to gauge the retracement before the
25. 0:42continuation of the move. We can
26. 0:44actually fully automate the setup using
27. 0:47Quant. So, to do this, you just need to
28. 0:48go to luxalgo.com/quant.
29. 0:51This is a tool that will allow you to
30. 0:52build any strategy or indicator from the
31. 0:55ground up using any idea you you think
32. 0:58of or can find on the internet. need to
33. 1:00do is describe the strategy. So, I'm
34. 1:02going to go ahead and describe the
35. 1:03strategy here. Build me an indicator.
36. 1:07So, yeah, I just asked it to build an
37. 1:08indicator that's going to detect the
38. 1:09trend based on market structure. And
39. 1:11then once that market structure change
40. 1:13occurs, we're going to automatically
41. 1:14draw that Fibonacci and highlight that
42. 1:16area [music] in between the .5 and
43. 1:19.6168. So, it's done. And what's really
44. 1:22cool about Quant is that you actually
45. 1:24don't have to go immediately to
46. 1:25TradingView to preview the indicator.
47. 1:27You can just click chart, and here
48. 1:29you'll to see exactly what's being built
49. 1:31here. So, here you can see that we had a
50. 1:34break of structure happening right here.
51. 1:37We have the swing high, the swing low.
52. 1:39This would have been used for the
53. 1:40Fibonacci.
54. 1:41And as you can see, we have this area
55. 1:43highlighted, which I'm assuming [music]
56. 1:45is a six is between the .5 and .68
57. 1:47level. Same right here, we have a break,
58. 1:50and [music] this would have been that
59. 1:50level as well. Let's bring it over to
60. 1:53TradingView to see exactly what it looks
61. 1:55like on TradingView. So, go to code, we
62. 1:57copy the code, go over to Trading View,
63. 2:00you open your Pine editor, you open your
64. 2:02Pine editor here,
65. 2:05paste the code, and then add it [music]
66. 2:07to your chart. And there you have it.
67. 2:08So, just as before, we have our swing
68. 2:09low, swing high. We draw a Fibonacci
69. 2:11from that level to this level, you can
70. 2:13see that we have that area being
71. 2:14highlighted. Let's add a few more
72. 2:16features to this just to make it
73. 2:17complete. [music] So, we'll go back to
74. 2:19Quant, go back to chat, and I'll go
75. 2:21ahead and say Okay, so I asked to draw a
76. 2:23[music] risk to reward when a valid
77. 2:24setup is detected, and also add an
78. 2:26option inside the indicator so we only
79. 2:28[music] see those valid setups. And now,
80. 2:31you can see that a valid setup is
81. 2:33detected, it will draw [music] that risk
82. 2:34to reward. only show valid setups. So,
83. 2:37for example, right here, we had a
84. 2:38structure change, [music]
85. 2:39price pulled back pulled back into here,
86. 2:41and then we had a plus drawn and a take
87. 2:44profit at the swing high. So, you can
88. 2:46scroll through and look at all of these
89. 2:48trades and see how they would have
90. 2:49performed. It's really this easy to
91. 2:51build any trading strategy that you
92. 2:53want. If you want access to this
93. 2:54indicator, comment the word Fibonacci,
94. 2:57and I'll send you my link.