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Fibonacci Doppler

Fibonacci Arcs in the full circles are based on the previous day's candle (High - Low).


These arcs intersect the base line at the 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Fibonacci arcs represent areas of potential support and resistance. 


Reference point - the closing price of the previous day.


These circles will stay still all day long until the beginning of the new trading day when the indicator will automatically build a new set of the Fibonacci Arcs.

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Version 4.8 2020.05.23
A new version, compiled by the latest MetaEditor build.