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Fibonaccis Bear

NO repaint, NO misleading statistics, NO hidden mechanisms only proven mathematics using the famous Fibonacci retracement levels.


This indicator finds bearish Fibonacci retracement levels using a dynamic seeking engine, and tells where current price is relative to the levels, continuously for all candles. No need to redraw the levels manually when market structure changes - this indicator dynamically adjusts to the most recent structure. 

See the levels and price location from the indicator window. You can use the 3 moving averages to filter a preferred trend environment. 

The indicator draws arrows when price comes near a fibo level, suggesting a good entry for a sell trade. 


Inputs: 

- map1: period for first moving average

- map2: period for second moving average

- map3: period for third moving average



Send a message for more info!

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Jere Katainen
4 (2)
This utility allows creating any amount of grid orders with 2 mouse clicks.  Inputs 1. Number of trades to create 2. Spacing factor: Exactly 1 = Evenly spaced grid Less than 1 = grid is weighted towards end More than 1 = grid is weighted towards start 3. First lot:  Lot size for 1st grid trade 4. Add lots in grid:  Add lots for each new grid level 5. Add lot percents in grid:   Add lots exponentially for each grid level 6. Stop loss points 7. Take profit points If you have any feedback or i
FREE
This indicator can be used to study the repeating daily volatility structure, and also find deviations from the historical means.  Black line tells the average volatility of current hour from last 30 days. Blue bands tell the confidence interval (2 times standard deviation). Red line tells the current volatility, ATR. Inputs:  - days: the number of days where to calculate the average volatility - atrp: the ATR period used to measure volatility
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