High Probability Fibonacci Zones
The indicator draws High Probability Fibonacci Zones based on previous day's levels.
Levels are visible on all timeframes lower than D1.
8 levels are drawn, representing 4 zones or bands.
- FIBO SUPPORT BAND 1 and 2
- FIBO RESISTANCE BAND 1 and 2
See the screenshots for visual description.
The indicator can be used within Expert Advisors as values for the 8 levels are saved in the indicator buffers.