Fibonacci 2° video. This indicator plots the segments of the fibonacci levels automatically on the graph. To set the size of the retracement, use the zigzag function, contained in the indicator. After choosing the period, it will suffice each time to select the fibonacci function preferred among those available. The following video shows some details.
This indicator, not only draws fibonacci retracements, but allows setting retracement levels, both horizontal and oblique, to detect breakout. The level breakout generates a signal. This signal can be recalled in an automated strategy, in a screener, or by an indicator.
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