Indicators: Auto Fibonacci Retracement Levels MT4
Could you also explain how this is used and how to apply it to a chart correctly? How should the constructed Fibonacci levels be used? Thank you.
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Auto Fibonacci Retracement Levels MT4:
Automatically draws Fibonacci retracement and extension levels based on the most recent ZigZag swing high and low. Updates dynamically as new swing points form.
Author: Kestutis Balciunas