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Impuls Fibo

Impulse Fibo indicator is used to determine price levels after some price impulse occurs. How to use it you can see in screenshots and video. In the indicator setup you can fix two different setups for two different patterns. For drawing convenience also two different rectangles can be easy put on the screen to draw support/resistance levels.

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Inputs

  • Draw pattern 1
  1. Line color - choose color from dropdown menu
  2. Line style - choose style from dropdown menu
  3. Line width - enter integer number 1,2,3...
  • Draw pattern 2
  1. Line color - choose color from dropdown menu
  2. Line style - choose style from dropdown menu
  3. Line width - enter integer number 1,2,3...

So, good luck in trading:)





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      FZR indicator determines fractal zigzag reversal pattern of all the time frames of the chosen symbol and shows the information in the Info label. Indicator draws the detected pattern in the chosen time frame and also you can select in the menu to draw the trend line according to FZR peaks. What it is FZR? See the first picture in the screenshots. As you can see for every peak of FZR the AO indicator must cross zero line. FZR indicator determines the trend direction. How to use FZR for trading?
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      Egidijus Bikulcius
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