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Auto Fibo Indicator for Trading by Fernando Gerardo Camacho is a document available to read on EtoBox.

What is Auto Fibo Indicator for Trading about?

This document defines an indicator script that plots Fibonacci retracement levels on a chart. It takes in user inputs for timeframe and color settings. The script calculates the high and low range for the selected security and timeframe. It then plots seven levels at 0%, 23.6%, 38.2%, 50%, 61.8%, 100%, and 161.8% of the range as upward or downward trend lines depending on the candle color.

Author

Fernando Gerardo Camacho

Language

EN