The Fibonacci Level Professional indicator is a great tool for daily trading as a supplement to other indicators to get better confirmation of trading settings and forecasts of the future direction of the market. The indicator is easy to set up, and it works on all currency pairs and on all timeframes, M15-W1 is recommended.
The purpose of this indicator is to show the Fibonacci levels on the chart, daily, upper and lower lines. As an additional feature, this indicator also draws pullback and extension lines on the chart, as well as tells you about daily highs, lows, ranges, and spreads. The Fibonacci Levels Pro indicator uses the highs and lows of the previous day to display the calculated lines. This is an indispensable tool for any trader!
- Easy to install, no complicated settings
- Easy-to-read lines on the chart
- It works on all currency pairs and on all timeframes
- Customizable colors of the Fibonacci lines
- Customizable colors and fonts for spread information text
- UpperFiboColor – The color of the upper Fibonacci levels from 123.6 to 400.0
- MainFiboColor – The color of the daily Fibonacci levels from High 100.0 to Low 0.0
- LowerFiboColor – The color of the lower Fibonacci levels from -23.6 to -500.0
- Main fibonacci lines-Displays the main Fibonacci lines, True/false. Displays daily levels from High 100.0 to Low 0.0 on the chart
- Spread text information color – The color of the spread information text in the lower left corner of the chart
- Spread text information size-The font size of the spread information text in the lower left corner of the chart is 12 by default, the larger the number, the larger the text, and the smaller the number, the smaller the text.
[spoiler title=”Read More…”]
The upper-left corner of the chart displays information about the maximum and minimum price for the day, as well as information about the daily range.
[/spoiler]