this index has been based on fibo levels.

The indicator does not redraw!

All levels of the indicator are adjusted at the trader’s petition:

• CorrectLvl – correction level, at which the level of 100 is drawn (the market made the first move). the advised parameter is 0.055.
• Profitlvl-auxiliary level of exit from the market with a profit.
• ReversLvl – the level from which we stop trading in this direction of the fibo. The recommended parameter is 0.5.
• RestrictLvl-an auxiliary level that helps to cut off the overbought / oversold market.
• pBand-adjusts the sensitivity of the fibo grid calculation (in bars). Recommended parameter 13.