Fibonacci Doppler MT5
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2024-01-30
Fibonacci Arcs in the full circles are based on the previous day's candle (High - Low).These arcs intersect the base line at the 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Fibonacci arcs represent areas of potential support and resistance. Referen
Fibonacci Arcs in the full circles are based on the previous day's candle (High - Low).
These arcs intersect the base line at the 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Fibonacci arcs represent areas of potential support and resistance.
Reference point - the closing price of the previous day.
These circles will stay still all day long until the beginning of the new trading day when the indicator will automatically build a new set of the Fibonacci Arcs.
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