The real author:
Daily Fibo support and resistance levels in the leverage from -300% to +300%. There are 36 levels plus pivot in total.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 16.07.2008.
Fig.1 the Daily_FiboPiv_DK indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1695
The indicator draws the boundaries of the calendar day for trading by Larry WilliamsInverseReaction
This indicator is based on the idea of that an unusual impact in price changes will be adjusted by an inverse reaction.