The indicator is designed for determining Fibonacci levels.

• Does not repaint/redraw
• The blue level shows the zero Fibonacci value (it is also the Pivot level)
• Red levels show calculated Fibonacci levels (used as a rollback or reversal point)
• Automatic period detection (periods can be entered manually)
• Adjustable display calculation method.

Settings

• BarsHistory - the number of bars to be used to display the indicator.
• Method - method of calculation.
• AutoPeriod - automated period calculation (true or false)
• period - manual period specification.

Note: the manual period specification is active if AutoPeriod mode is set to false!