Daily_FiboPiv_DK - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
Real author:
The daily Fibonacci support and resistance levels have a leverage range of -300% to +300%. Together with the pivot there are a total of 36 levels.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on July 16, 2008.
Figure 1 Daily_FiboPiv_DK indicator
Attachment download
📎 daily_fibopiv_dk.mq5 (20.86 KB)
Source: MQL5 #1695
Daily_FiboPiv_DK - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Daily_FiboPiv_DK - MetaTrader 5 script | Trading script download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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