Famous trader in the world, Joe DiNapoli

Happy New Year.

I look forward to your continued support this year!


Fibo Utilization! Investigation of Binary & FX, this is Satori.


This year, we will create articles focused on the single penetration and double reversal (double top/bottom style) methods of the world-renowned trader Joe DiNapoli.

Single Penetration uses Fibonacci to determine entry, take-profit, and stop levels, making it easy for beginners to proceed.

Also, the Double Repo detects patterns similar to double tops or double bottoms and prompts entries.

DiNapoli’s method is scenario-focused, not just judging as oversold because RSI or Stochastics are 30 or below, but watching how the rate moves.


An indicator incorporating all these features has been created for your reference.



The figure above is the USDJPY 15-minute chart.

It displays signals for Single Penetration and Double Repos.

Single Penetration buys with blue hollow arrows and closes on the bar with a circle.

In the example above, the profit is calculated as 4.7 pips.

However, spreads are not taken into account.

After consistently exceeding DMA3 for 8 or more bars by sliding three moving averages to the right, when DMA3 is crossed downward, a buy mode begins.

If you touch the blue Entry & SL Fibonacci entry line you buy, and when you touch the SL line afterward you stop out.

Take profit is made by touching the pink inverse Fibonacci TP line.


Double Repo signals are displayed as a counter-trend signal when, after repeatedly exceeding DMA3 for 8 or more bars, the price falls below DMA3, rises above DMA3 once, and then falls below DMA3 again.

At this time, it is beneficial if RSI10 divergence can be confirmed, so when RSI10 is set, it automatically draws the RSI trendlines: the upward-sloping lower trendline and the downward-sloping upper trendline.

In general, it is preferable that RSI bottoms are rising for buy signals and RSI tops are falling for sell signals.

Double Repo signals are designed to display only in such circumstances.


Other features include a Single Penetration price action filter, email, and alert functions.


This indicator will be released soon.