The indicator is a modified Fibonacci-SS indicator with completely different habits when putting pending orders and TP strains.

Computerized placement of Fibonacci strains from the utmost to the minimal of seen bars:

This indicator, together with quite a few different achievements of mankind, was created on the idea of mathematical proportions utilized in lots of instructions and buildings of nature.

Detecting these patterns and getting the very best various indicators earlier than buying and selling offers a bonus over most Foreign exchange merchants.

The product is appropriate for scalping buying and selling on any timeframe.

• Depth – shift = variety of bars – depth (12 by default).
• Deviation – the utmost/minimal deviation of the worth (by default 5).
• Backstep – reveals on the graph of visible evaluation of the entry level on the historical past
• Alert – allow/disable push notifications when the worth of the Fibo space is touched.