Friday, January 25, 2019

ZigZag Pointer Fibonacci Expansion

ZigZag Pointer Fibonacci Expansion Triangle


The indicator shows the Fibonacci levels of traffic and triangles on the timeframes M1-W1.




Options



  • InDepth: depth parameter.

  • InDeviation: parameter deviation.

  • InBackstep: the number of bars in history.

  • Fibonacci Expansion: display the Fibonacci levels. true / false

  • Triangle: displaying the triangles. true / false


Interpretation of statuses:



  • If the triangle is green, the trend is up.

  • If the triangle is red, the trend is down.


ZigZag Pointer Fibonacci Expansion Triangle

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