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Fib breakout v2

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This indicator plots the Fib high and low based on a given lookback input. Once price breaks out towards one side of the pivot , it looks through multiple timeframes to watch if momentum is falling. If momentum falls through a certain threshold, it will close the order.

Take profit at your own discretion. The PnL from this is strictly based on closing when the momentum has hit a threshold. If you're actively watching and closing at conservative levels, it can potentially be much higher.

Update: Includes sell signals

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.