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The indicator is designed for professional trading on Fibonacci levels. AutoFiboLevels builds Fibonacci correction and extension levels on the impulse and correction wave. The indicator unambiguously interprets the market situation. The calculation of extreme points for constructing levels is based on fractal analysis. The trader can independently set the levels of corrections and extensions, as well as the calculation timeframe, adjusting the indicator to individual strategies.
- WorkTF is the timeframe for calculating the indicator, if (= 0) is the current timeframe;
- fiboPercLevel_1…11 – Fibonacci Retracement levels;
- upFiboLevelColor – The color of the lines of the ascending grid of Fibonacci correction levels;
- dnFiboLevelColor – The color of the lines of the descending grid of Fibonacci correction levels;
- ShowFiboImpuls – if (= true) – display Fibonacci correction levels on the pulse wave;
- ShowFiboCorrection – if (= true) – display the Fibonacci correction levels on the correction wave;
- FiboShowCorrect – the level of correction of the pulse wave, at which the Fibonacci correction levels on the correction wave are displayed when ShowFiboCorrection = true;
- ShowExpImpuls – when (= true) – display the expansion levels of the pulse wave;
- ShowExpCorrection – when (= true) – display the expansion levels of the correction wave;
- fiboPercExpansion_1…5 – Fibonacci extension levels;
- upFiboExpansionColor – The color of the lines of the ascending grid of Fibonacci extensions;
- dnFiboExpansionColor – The color of the lines of the descending grid of Fibonacci extensions.
Key Features of Algorithmic Trading Software
15 May 2015
1.1
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