Hey traders! If you’re looking to enhance your trading game, check out the CandlesAutoFibo indicator. This tool comes packed with a range of customizable settings to help you display Fibonacci levels like a pro. What's great about the latest upgrade is that you can now tweak line styles and widths with ease.
With just a single parameter adjustment, you can change the width of all Fibonacci levels simultaneously. For example, if you set the Fibo ratio to 2, the zero level stays put while the width of the levels below the hundred percent mark doubles. It’s a neat way to keep your charts organized without getting bogged down in details!
Speaking of adjustments, you can also shift the Fibonacci levels vertically in proportion to their width. Let’s say you set the vertical shift parameter to 0.5; this means the Fibo level will move halfway towards the zero level, making it easier to visualize your trading zones.
Fig. 1. Indicator CandlesAutoFibo_Grand with default settings.
Fig. 2. Indicator CandlesAutoFibo_Grand, doubled in width and moved vertically by a half of its width
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