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Fibonaccis Bear

NO repaint, NO misleading statistics, NO hidden mechanisms only proven mathematics using the famous Fibonacci retracement levels.


This indicator finds bearish Fibonacci retracement levels using a dynamic seeking engine, and tells where current price is relative to the levels, continuously for all candles. No need to redraw the levels manually when market structure changes - this indicator dynamically adjusts to the most recent structure. 

See the levels and price location from the indicator window. You can use the 3 moving averages to filter a preferred trend environment. 

The indicator draws arrows when price comes near a fibo level, suggesting a good entry for a sell trade. 


Inputs: 

- map1: period for first moving average

- map2: period for second moving average

- map3: period for third moving average



Send a message for more info!

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Jere Katainen
4 (2)
This utility allows creating any amount of grid orders with 2 mouse clicks.  Inputs 1. Number of trades to create 2. Spacing factor: Exactly 1 = Evenly spaced grid Less than 1 = grid is weighted towards end More than 1 = grid is weighted towards start 3. First lot:  Lot size for 1st grid trade 4. Add lots in grid:  Add lots for each new grid level 5. Add lot percents in grid:   Add lots exponentially for each grid level 6. Stop loss points 7. Take profit points If you have any feedback
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