Indicator Fibo Bars
By using this forex indicator for intraday trading for 5 minutes. Well may indicate the direction of a strong price changes in the beginning of European or American session. Very convenient to use as a trailing indicator. If you see a different color bar closing time.
period - period - more than during the less sensibility indicator. I recommend for 5 minutes - 10, 1H - 4
period - period - more than during the less sensibility indicator. I recommend for 5 minutes - 10, 1H - 4
fiboLevel - Level of correction
level1 0.236
level2 0.382
level3 0.5
level4 0.618
level5 0.762
FiboBars1H FiboBars1H
level1 0.236
level2 0.382
level3 0.5
level4 0.618
level5 0.762
FiboBars1H FiboBars1H
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