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Automatic Fibonacci Tool

Automatic Fibonacci Tool

Fibonacci retracements is a popular instrument used by technical analysts to determine potential Support and Resistance areas. In technical analysis, this tool is created by taking two extreme points (usually a peak and a minimum) on the chart and dividing the vertical distance by the key Fibonacci coefficients equal to 23.6%, 38.2%, 50%, 61.8%, and 100%.

Our Automatic Fibonacci Tool is programmed to make thigs easier. Using this tool, there is no need to explicitly set two points, as is done automatically. The indicator will do everything for you. One can customise the general number of bars to be used for drawing the Fibonacci retracement, depending on how they often do their analysis. The indicator will peak the highest ad the lowest points the draw the Fibonacci retracement.

As the rule applies, in an uptrend the tool will draw the retracement from Low to high. In a dowered, the tool will draw the Fibonacci from high to low. This trend is determined automatically and when it changes significantly the tool also changes the method of drawing the Fibonacci.

Input Settings

BarstoScan – number of candles to look ack ad draw the Fibonacci tool

LevelsColour – colour of the Fibonacci

LevelsWidth – with of the Fibonacci lines

Zone 1 Colour – colour from the 0% to 23.6%

Zone 2 Colour – colour from the 100% to 76.4%


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Crypto Trend Finder follow trend. Color change trend changed. Works in BTCUSD/BABUSD/BSVUSD/ETHUSD/ETCUSD/BTGUSD/DSHUSD/ZECUSD/IOTUSD/XRPUSD and all crypto pairs Best timeframes 15M/30M/1H/4H/DAILY Note : Not use 1M/5M Signal on close of a bar. DOES NOT repaint. DOES NOT repaint. DOES NOT repaint. DOES NOT repaint. DOES NOT recalculate. DOES NOT recalculate. DOES NOT recalculate. DOES NOT recalculate Settings : No Settings, change color
150 USD
Aggression On Bars
Aggression On Bars
Flavio Jarabeck
Imagine a Buy and Sell Pressure monitor on your chart that shows in REAL-TIME this data, bar by bar? Well, imagine no more. We present you an exclusive creation of Minions Labs : Aggression On Bars indicator. On every new bar on you chart this indicator will start counting in real-time the BUY/SELL pressure and present this data statistics directly inside your chart. As soon as a new bar is created in your chart, the counter restarts. Simple and effective. Just watch the video to see it running
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Ultimate Double Top Bottom Scanner MT5
Ultimate Double Top Bottom Scanner MT5
FXsolutions
This indicator scans for you up to 15 trading instruments and up to 21 time frames for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double Tops/Bottoms with fake breakouts . For double tops with fake breakouts the highest price of the right shoulder must be higher than the left shoulder. For double bottoms with fake breakouts the lowest pric
119 USD
PZ Double Top Bottom MT5
PZ Double Top Bottom MT5
Arturo Lopez Perez
This indicator finds double top and double bottom reversal patterns, and raises trading signals using breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Customizable colors and sizes Implements performance statistics Customizable fibonacci retracement levels It displays suitable stop-loss and take-profit levels It implements email/sound/visual alerts These patterns can expand, and the indicator follows the pattern by repainting. Howe
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Golden Spikes Detector
Golden Spikes Detector
Batsirayi L Marango
Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implanted to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised for 5-minute timeframe. Features ·          Sends push notifications to mobile phone ·          Pop up and sound alerts on computer or laptop ·     
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Advanced Support and Resistance Tool
Advanced Support and Resistance Tool
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Advanced Support and Resistance Support and resistance levels are widely used in trading. They are important as they show some key price levels. Before applying any strategy, one may consider it necessary to draw support and resistance. However, this process can take much time especially if one is to analyse a lot of currency pairs, commodities or indices. This Advanced Support and Resistance tool was designed for traders at any level, amateur to professional. It plots key support and resistance
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