ProfRoboTrading
Parabolic Fibonacci Information Indicator
This indicator presents a comprehensive trading strategy that integrates the standard Parabolic SAR indicator with Fibonacci levels. To enhance usability, markers are placed on the peaks of the waves relative to the most recent price.
Fibonacci levels are automatically generated based on the last two completed waves, with the final line on the current chart displayed in red, indicating an unfinished wave.
The Parabolic Fibonacci information indicator is compatible with all timeframes; however, it demonstrates optimal effectiveness when applied to timeframes of H1 and above.
Fibonacci levels are automatically generated based on the last two completed waves, with the final line on the current chart displayed in red, indicating an unfinished wave.
The Parabolic Fibonacci information indicator is compatible with all timeframes; however, it demonstrates optimal effectiveness when applied to timeframes of H1 and above.
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