Fibonacci automatic

Automatic Fibonacci levels

The indicator automatically draws Fibonacci levels of the last closed bar of the specified time frame.

• helps to see potential reversal levels;
• patterns formed near the levels have more potential;
• significantly saves time spent on manual level plotting;

Adjustable parameters:

• The time frame used to plot the levels;
• Personalization of Fibonacci levels: main correction levels + extension levels;
• Line color, line width and line style;

Settings:

When loading the indicator, you will be presented with a set of options as input parameters.

• Timeframe for Fibo: time frame used to draw Fibonacci levels. The High and Low coordinates of the last closed bar are used; 
• Main Fibo Levels: the main Fibo levels: the values are specified in a line separated by a space, the decimal separator is a point(.);
• Extension UP Levels: upper extension levels;
• Extension DOWN Levels: lower extension levels;
• Main color: the color of the main Fibo levels;
• Upper color: the color of the upper extension levels;
• Lower color: the color of the lower extension levels;
• Line style: line style (solid/dotted...);
• Line width: line width;