FibotrendMT5 is a powerful index from this set of a professional trader. the index forms a short-term tendency line and stretches the Fibonacci grid.

The trend line is formed in the High costs of both previous candlesticks – for a downtrend and at the low prices-for an uptrend.

The index is installed in the usual way, works on almost any time intervals M1 … MN and with any currency pairs.

• TrendLineColors – the color of the trend line (crimson by default)

For this indicator, the guidelines are classic, commerce in the direction of the trend line, focusing on the Fibonacci levels as support and resistance levels.