Automatic Fibo and Rectangle

Automatic Fibo and Rectangle

The indicator shows the Fibonacci levels and rectangles. The rectangle indicates the price movement.

Options

  • fibo: show levels Fibnachchi (default true).
  • Rectangle: show rectangles (default true).
  • Line: display line (default true).

Interpretation:

  • If the line Fibnachchi red and rectangle – green, the trend is up.
  • If the line Fibnachchi green and rectangle – red downtrend.

Automatic Fibo and Rectangle

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