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Fibonacci VPT

This plots Fibonacci deviation levels above and below a moving average of the price.

Companion indicator to the "Golden Bull Wave Traderexpert advisor which uses volume\price trend to determine price reversals.

https://www.mql5.com/en/market/product/56291

The expert advisor and this indicator were created in order to:

  • Identify ideal and repeatable trade entries with high level of certainty
  • Create a day trading strategy which doesn’t require a hard SL and TP
  • Use alternate risk management mechanism instead
  • Visualize and auto manage trades based on S/R


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