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Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

Jedidiah, Mon May 15, 2023 5:44 pm

"FiboCalc button" that leads to entries with the previous day's high and low + Fibonacci

It will tell you all the stop loss and profit points

It is an indicator that shows the entry point and the rate of profit taking / loss cut taking into account the direction of the previous day's high and low prices and the trend up to that point.

In order to use the data up to the previous day, it will be a signal once a day for each currency pair.

Since the entry, loss cut, and settlement rates are fixed at the beginning of the day, IFO orders are also possible. (“Buy Level” or “Sell Level” is the entry rate, “Stoploss level” is loss cut, and Profit Target 1, 2, 3 is profit taking.)

The information displayed on the upper left of the chart also shows the entry and exit rates, and the risk reward for profit taking is known in advance.

It's a very convenient indicator.
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