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Swing Fibo Marker is an advanced adaptive indicator that automatically detects price fluctuations (swings). After detecting a swing, the indicator draws five target profit levels, an entry level, and a stop loss.

Levels are calculated based on price fluctuations in accordance with the Fibonacci levels specified as entry points. When the price touches a level, the indicator generates an alert.

List of supported alert types:

  • Pop-up alerts
  • The e-mail notification
  • Push notifications
  • Display on the screen

Suggested timeframe: H1 and higher. The older the timeframe used to determine the wave, the more stable it is.

  • swingsize – sensitivity of the indicator. Takes an integer value (1,2,3,10,100). The smaller the swingsize value, the more frequent the flips will be.
  • entrylevel, firsttarget, secondtarget, thirdtarget, forthtarget, fifittarget – parameters at the Fibonacci levels. They define entry/exit points.
  • popupalerts, emailalerts, pushnotifications-notification settings, Yes/No.
  • alertonentry-send an alert when the price touches the entry level, Yes/No.
  • alertonsl-send an alert when the price touches the stop loss level, Yes/No.
  • alertonfirsttarget, alertonsecondtarget, alertonthirdtarget, alertonfourthtarget, alertonfifthtarget-send an alert when the price touches any of the take Profit levels, Yes/No.

Our Useful Features & Services

Published

05 October 2015

Updated

26 April 2019

Current Version

1.2

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