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This indicator draws support and resistance lines calculated by nBars bars.
Fibonacci lines are displayed between these two lines, as well as three levels above or below 100%.
You can adjust the values of each level or hide the line in the range of 0-100%, as well as all levels above or below 100%.
- nBars = 24; – the number of bars used to calculate the indicator.
- Fibo = true; if set to false, only support and resistance levels will be shown.
- Level_1 = true; – displays the Fibonacci level.
- Fibo_Level_1 = 0.146; – the value of the Fibonacci level.
- …
- FiboColorUp = Aqua – the color of the Fibonacci line up;
- FiboColorDn = Orange – the color of the Fibonacci line down;
Key Features of Algorithmic Trading Software
20 October 2015
5.54
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