AndyDemi

[LTG]DOWN_Fibonacci

AndyDemi Updated   
A moving Fibonacci Sequence that automatically draws on your charts to predict extensions based around the retracement levels. The targets and retracements are colour coordinated to allow for quick decision making and allows you to find the best entries and targets. For example, if the market pulls back to the red zone 61.8% Fibonacci level then the most probable extension will be to the red 161.8% level. The target is clearly visible with a white dashed line.
Release Notes:
Auto Fibonacci Indicator that selects a starting point on its own , and has a certain set of rules. ABCD is one complete cycle , A being the starting point , B being the High of that move , then C being the bottom of the next leg, D would indicate the Target level based on the Retracement. The target can be customized in the settings of the indicators.
Release Notes:
Automated Fibanacci DOWN

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Author's instructions

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