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Dynamic FiboZone


Dynamic Fibozone1 Next - Dynamic FiboZone 2 Next
This indicator will calculate the Range of the next period bar at that moment. Bars are then multiplied by 2 different Fibonacci Ratios then added and subtracted from the (H+L+C)/3 of the next period bar at that moment.

Dynamic FiboZone 1 uses one set of Fibonacci Ratio Dynamic FiboZone 2 uses other set.

Dynamic FiboZone1 High - Dynamic FiboZone 2 High

This indicator will calculate the Range of the highest period bar at that moment. Bars are then multiplied by 2 different Fibonacci Ratios then added and subtracted from the (H+L+C)/3 of the highest period bar at that moment.

Dynamic FiboZone 1 uses one set of Fibonacci Ratio Dynamic FiboZone 2 uses other set.

 

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