fibocalc_V31 - Indicator for MetaTrader 4
The indicator is developed for MT4 trading platform. It gives signals for opening and closing trading orders, and allows to assess trend situation on the market, reflecting the following parameters:
- The maximum and minimum prices for the current and previous days;
- Trend direction;
- Stop Loss Level;
- Level for entering the market for sale;
- Three points for closing trading positions and making a profit.
Each parameter is assigned a certain color on the chart, which can be changed in the settings.