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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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5 (5)
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5 (1)
Indicators
Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual:   click here That's the first one, the original! Don't buy a worthless wannabe clone
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Daniel Stein
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IX Power   finally brings the unbeatable precision of FX Power to non-Forex symbols. It accurately determines the intensity of short, medium and long-term trends in your favourite indices, stocks, commodities, ETFs, and even cryptocurrencies. You can   analyse everything   your terminal has to offer. Try it out and experience how   your timing improves significantly   when trading. Read about our latest strategic development -  Easy scalping with IX Power Visit our all-new   Stein Investments
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