AutoFib TradeZones levels indicator: trade by Fibonacci levels

AutoFib TradeZones levels indicator is designed to determine the probable pullback zones of the price and entering a position.

For this purpose the AutoFib TradeZones indicator plots on the price chart a grid of Fibonacci extensionsThe timeframe, for which the grid is set, can be set in the parameters yourself. When switching from timeframe to timeframe, the Fibonacci levels do not change, but remain calculated for the interval, which was set in the settings.

The AutoFib TradeZones indicator also marks with the corresponding color the zones in which it is recommended to open buy and sell positions respectively.

According to experts of fortrader.org, a big plus of the AutoFib TradeZones levels indicator is a multitemporal display of Fibonacci levels, which allows you not only to open positions, but also to increase them during corrections.

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