Tired of manually setting Fibonacci levels and extensions? The indicator independently calculates Fibonacci levels and extensions from two different price points and automatically displays them.

• Easy to use
• Manual binding is not required
• Ideal for tracking the intersection with the price
• The indicator evaluates whether levels or extensions are needed
• After the display, the binding can be changed manually

Adapts to the chart size and scale:

• Zoom out to get the big picture
• Zoom in to see the price movement

• Amplitude – the number of bars between alternative price points of a short-term Fibonacci object
• Behavior – display two Fibonacci objects, only the last or full graph
• Drawing Settings – display settings

Arturo Lopez Perez, private investor, stock speculator, programmer and founder of Point Zero Trading Solutions.