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FiboBars2 - Indicator for MetaTrader 4

FiboBars2
TypeIndicators PlatformMT4 Version10 Date created27 March 2015 Date updated 7 August 2017
Formatmq4 Size4.3Kb Downloads67 Rating
5 of 5
based on 7 rates

Indicator FiboBars2 is used for day trading and trailing. Changing the color of the bar, the indicator shows the direction of a strong price change at the beginning of the European or American Session.

This indicator is recommended for use on 5-minute timeframes. The longer the timeframe, the less sensitive the indicator becomes.

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