Fibonacci Support and Resistance
Introducing the Indicator – Fibonacci Support and Resistance, a powerful tool designed for MetaTrader 5. Developed by a professional trader, this bot utilizes the proven Fibonacci levels to identify key support and resistance levels in the market. By connecting with this bot, traders gain valuable insights into potential price reversals and breakout opportunities. With its user-friendly interface and customizable settings, this bot is suitable for both novice and experienced traders. However, it’s important to note that while Fibonacci levels can be highly accurate, they are not foolproof. Traders should always use additional analysis and risk management strategies to maximize their trading success.
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Description
FAQ
- Can I download this indicator ‘Fibonacci Support and Resistance’ for free?
- Yes, this indicator – Fibonacci Support and Resistance, like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform MetaTrader 5 and developers
- Can I use Fibonacci Support and Resistance on the mobile version of the trading platform MetaTrader 5?
- No, indicators can only be used on the web version of the trading platform MetaTrader 5.
Additional information
| Platform | MetaTrader 5 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 266kB |
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