Mql5官网 Fibolopes Z 外汇EA

Fibolopes (converted from Envelopes) Indicator is based on the Fibonacci sequence.

The input parameter FiboNumPeriod is responsible for the number in the integer sequence (0, 1, 1, 2, 3, 5. 8 13, 34, 55, 89…)

The indicator will calculate the Main Yellow dot line and 2 bands as a +/- Deviation to it.

This indicator is calculating a ZigZag (Aqua line) which combine with Fibolopes together form a system signals for Open (Z crossing Fibolopes) a new position and Close (Z crossing Fibolopes in opposite direction) an existing position.