Fibonacci Pivots Indicator
The indicator uses the classic values of fibo extensions for Metatrader 4.
It’s of paramount importance to new and experienced traders to find the best support and resistance levels. Traders widely use pivot levels to understand the current price trends. Combining pivot levels with Fibonacci ratios enables traders to identify strong support and resistance levels. Fibonacci Pivots indicator provides stop loss and multiple take profit points. It allowing the trader to trail the markets once the trend is established.
Most traders start the day by identifying support and resistance levels and then use other indicators to validate them. The Fibonacci pivot level indicator for MT4 helps the traders find the best support and resistance levels automatically.
Download here
The indicator uses the classic values of fibo extensions for Metatrader 4.
It’s of paramount importance to new and experienced traders to find the best support and resistance levels. Traders widely use pivot levels to understand the current price trends. Combining pivot levels with Fibonacci ratios enables traders to identify strong support and resistance levels. Fibonacci Pivots indicator provides stop loss and multiple take profit points. It allowing the trader to trail the markets once the trend is established.
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Most traders start the day by identifying support and resistance levels and then use other indicators to validate them. The Fibonacci pivot level indicator for MT4 helps the traders find the best support and resistance levels automatically.
Download here