ZzFibo

The indicator shows the potential points for placing pending stop orders on the continuation of the movement after the roll-back. The basis of the signals are the ZigZag lines and the Fibo levels. When the price rolls back to 38.2 .. 61.8 the EA generates a signal to place a pending order at the level 100 with a target at 150 and a stop loss at the peak of the roll-back wave. Level parameters are moved to the settings. When a roll-back condition occurs, a Fibonacci grid with the levels required for the indicator is displayed on the chart. The indicator signals are output via buffers and are available for use in automated systems. Examples of signals are shown in the screenshots and video.

Parameters

• zzDepth,zzDev,zzBack - the ZigZag parameters of the same name
• BackLevelMin - minimum retracement level
• BackLevelMax - maximum retracement level
• TakeLevel - take profit level
• drawFibo - enable Fibo grid
• Usealert - enable pop-up messages
  
• UsePush - enable notifications to mobile devices
  
• UseEmai - enable email notifications
  
• BarsCount - number of bars for processing (at 0 the double length of the current screen is set)
• fiboColor - Fibo line color