Technical Indicators for MetaTrader 5

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MetaTrader 5

MT5 Experts MT5 Indicators MT5 Libraries MT5 Utilities

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Information

Indicators
MetaTrader 5
Leonid Basis
1.5
5

Overview

This indicator is based on the Fibonacci sequence. 

The input parameters fiboNum is responsible for the number in the integer sequence.

When the previous Price Close is above the ribbon, the probability to go Long is very high.

When the previous Price Close is under the ribbon, the probability to go Short is very high. 

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