Fibonacci Extension Indicator A Fibonacci Extension indicator is often used by traders as an indication of support and resistance. These indicators provide Fibonacci levels that are determined by identifying three extreme points (ex. a swing low, a swing high, and a swing low), and dividing the vertical distance between the first two extreme points by …
Tag: Free Fibonacci Indicators
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Automatic Fibonacci Retracement Indicator
Fibonacci Retracement Indicator A Fibonacci Retracement indicator is often used by traders as an indication of support and resistance. These indicators provide Fibonacci levels that are determined by identifying two extreme points (ex. a swing high and a swing low), and dividing the vertical distance by Fibonacci ratios. Fibonacci Retracement indicators can be used in …
Fibonacci Based SuperTrend Indicator
The Fibonacci SuperTrend indicator is based on one of my favorite swing trading strategies to date. While the strategy is fairly simple, the description is a bit lengthy for this post. However, there is a detailed video on the trading strategy by clicking the button below. Swing Trading Video The Original SuperTrend Indicator The …