moporofeta
New Member
The KT-Auto-Fibo indicator is an automated Fibonacci tool designed to help traders identify potential levels of support and resistance in financial markets. The Fibonacci sequence is a mathematical sequence that is often used in technical analysis to identify potential levels of price support and resistance, based on the idea that prices will tend to retrace a predictable portion of a move, after which they will continue to move in the original direction. The KT-Auto-Fibo indicator automatically draws Fibonacci levels on a chart, eliminating the need for manual calculations and enabling traders to quickly identify potential support and resistance levels. The indicator is highly customizable, allowing traders to adjust the parameters, such as the type of Fibonacci retracement and the levels displayed on the chart. By using the KT-Auto-Fibo indicator, traders can gain a better understanding of market trends and make more informed trading decisions based on potential levels of support and resistance.