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STRX - Automatic Fibo
STRX - Automatic Fibo
The STRX - Automatic Fibo is a powerful and intuitive tool that automatically calculates and plots Fibonacci levels directly on the chart, helping traders precisely identify key support and resistance zones. This indicator is ideal for those who want to optimize their trading decisions using the well-known Fibonacci strategy without the need to manually draw the levels.
Key Features:
Automatic Fibonacci Level Calculation:
The indicator automatically identifies confirmed highs and lows over a specified period, generating Fibonacci levels at 0%, 13.6%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 88.6%, and 100% based on market structure. This helps traders save time and improve the accuracy of their analysis.
Dynamic Updates:
The STRX - Automatic Fibo tracks Fibonacci levels in real time, automatically updating the lines when new highs or lows are confirmed, ensuring that traders always have access to updated levels relevant to current market conditions.
Line Extension:
The Fibonacci levels are not only displayed at key points on the chart but also extended both forward and backward to provide a clear view of how price levels relate to market movements. This visual extension helps traders plan more effective entry and exit points.
Full Customization:
Traders can configure the number of bars used to confirm highs and lows, adapting the indicator to their strategy. Additionally, Fibonacci levels come with clear labels showing the percentage values and corresponding prices, making interpretation easier.
Simplicity and Precision:
The STRX - Automatic Fibo is designed to simplify technical analysis, allowing traders to focus on what matters most: identifying reversal points and capitalizing on market movements. Whether you're an experienced trader or just starting out, this indicator offers a clear and reliable solution for analyzing the market using Fibonacci levels.
With STRX - Automatic Fibo, you can eliminate the need to manually plot Fibonacci levels and optimize your trading strategy with the help of an automatic and highly customizable tool.
The STRX - Automatic Fibo is a powerful and intuitive tool that automatically calculates and plots Fibonacci levels directly on the chart, helping traders precisely identify key support and resistance zones. This indicator is ideal for those who want to optimize their trading decisions using the well-known Fibonacci strategy without the need to manually draw the levels.
Key Features:
Automatic Fibonacci Level Calculation:
The indicator automatically identifies confirmed highs and lows over a specified period, generating Fibonacci levels at 0%, 13.6%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 88.6%, and 100% based on market structure. This helps traders save time and improve the accuracy of their analysis.
Dynamic Updates:
The STRX - Automatic Fibo tracks Fibonacci levels in real time, automatically updating the lines when new highs or lows are confirmed, ensuring that traders always have access to updated levels relevant to current market conditions.
Line Extension:
The Fibonacci levels are not only displayed at key points on the chart but also extended both forward and backward to provide a clear view of how price levels relate to market movements. This visual extension helps traders plan more effective entry and exit points.
Full Customization:
Traders can configure the number of bars used to confirm highs and lows, adapting the indicator to their strategy. Additionally, Fibonacci levels come with clear labels showing the percentage values and corresponding prices, making interpretation easier.
Simplicity and Precision:
The STRX - Automatic Fibo is designed to simplify technical analysis, allowing traders to focus on what matters most: identifying reversal points and capitalizing on market movements. Whether you're an experienced trader or just starting out, this indicator offers a clear and reliable solution for analyzing the market using Fibonacci levels.
With STRX - Automatic Fibo, you can eliminate the need to manually plot Fibonacci levels and optimize your trading strategy with the help of an automatic and highly customizable tool.
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