TeaCii Auto Fibonacci MTF
TeaCii Auto Fibonacci MTF is an implementation of Fibonacci Levels
The indicator is simple and yet more powerful than those in the market
IMPORTANT: UNIQUE SELLING POINTS
- The Levels are set automatically
- You can see ANY TIMEFRAME Levels in ANY Chart. E.g. Watch H1 on M1. Watch M1 on H1
- The Levels are available in Buffers for EA Use
- Helps you to get an edge early in by using multi timeframe
TimeFrame : The timeframe of the indicator. It can be same, higher or lower than the charts timeframe. When using lower TF on higher TF chart, it is recommended to have a high lookback bars number.
Lookback Bars : The only most important parameter. The highs and the lows will be based on this many bars.
Line Length : This is purely cosmetic. It is the width of the line.
Background Color : Again purely cosmetic. You may want to highlight the zone.
- Added Direction buffer. 1 Means low was recently reached. 2 Means high was recently reached.