Abiroid Auto Fibonacci Indicator

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Scalperology Ai MT5

Global

Pairs:

AUD/JPY

AUD/USD

EUR/AUD

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EUR/NZD

EUR/USD

GBP/USD

NZD/USD

USD/CAD

USD/CHF

USD/JPY

XAU/USD

XAG/USD

XBT/USD

30-Day Profit: 37.81%

7-Day Profit: 22.85%

Support: 24х7 via Telegram

Free EA🚀

Breakopedia Ai MT5

Global

Pairs:

AUD/JPY

AUD/USD

EUR/AUD

EUR/GBP

EUR/JPY

EUR/NZD

EUR/USD

GBP/USD

NZD/USD

USD/CAD

USD/CHF

USD/JPY

XAU/USD

XAG/USD

XBT/USD

30-Day Profit: 25.59%

7-Day Profit: 14.77%

Support: Developer

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Overview of Abiroid Auto Fibonacci Indicator

This is a powerful tool that automatically adjusts Fibonacci retracement levels based on market movements.

It is designed for ease of use, making it suitable for both beginners and experienced traders.

The indicator can help identify key support and resistance levels, thereby improving trading decisions.

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Key Features

Automatic Calculation: The indicator auto-calculates up to 7 Fibonacci levels based on user-defined chart parameters.

Real-Time Updates: As new highs and lows occur, the Fibonacci levels are updated automatically, providing traders with real-time data.

User-Customizable: Traders can tweak settings for different market conditions, making it adaptable for various trading strategies.

Functionality

High/Low Detection: It can state high/lows automatically using methods like ZigZag and 3LZZ Semafor.

Golden Zone Marking: Users can define a 'Golden Zone,' helping to highlight critical price areas for potential reversals.

Visual Aids: The indicator provides clear visual signals, marking important Fibonacci levels on the chart. 📈

Practical Application

This indicator is best utilized along with other technical analysis tools such as Pivots and Support/Resistance indicators.

Trading Strategies: Utilizing the Fibonacci levels, traders can make informed decisions on entry and exit points, enhancing the success rates of their trades.

Multiple Timeframe Compatibility: It works across various timeframes, making it suitable for day trading, swing trading, or long-term strategies.

User Reviews and Ratings

The indicator has received a high rating of 4.93 based on 33 reviews, indicating strong user satisfaction.

Users appreciate its simplicity and effectiveness in identifying potential price reversals.

However, some reviews suggest using it in conjunction with other indicators for improved accuracy.

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