Features:
Features:
– Indicator sends signals and notificaitons on key Fibonacci Retracement and Extension Levels
– Once the buy/sell signal is set, targets ( TP1 TP2 TP3 )and stop loss levels are drawn by the indicator.
– Fibonacci Calculations and Custom Patterns are identified by the last 3 or 5 Zig Zag exterum.
– You can easily identify key harmonic patterns like Gartley, Bat, Butterfly and Crab patterns.
Important Settings:
– Choose the Zig Zag Settings : ( Depth – Deviation – Backstep )
12 5 3 is the default. 21 16 8 can be used as an alternative for deeper legs
– Breakout Type:
Candle Close Option : Indicator waits for the candle close to send signal.
Instant Mode: Indicator sends signal as soon as the price enters the retracement zone
– Keep Patterns:
True: Displays all selected patterns in the history.
False: Pattern dissapers when it is completed. ( When the price hits stop loss or TP3 level )
Please do not hesitate to contact us for further information.