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Fibonacci Retracement Buy/Sell Signal by Kriptomist

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Fibonacci Retracement Buy/Sell Signal by Kriptomist
This indicator identifies potential buy and sell opportunities based on Fibonacci retracement levels. It calculates significant Fibonacci retracement levels (38.2% and 61.8%) over a customizable lookback period.

How it works:

Buy Signal: Triggered when the price crosses above the 61.8% Fibonacci retracement level, indicating potential bullish momentum.

Sell Signal: Triggered when the price crosses below the 38.2% Fibonacci retracement level, suggesting possible bearish momentum.

The signals are clearly marked on your chart with visual shapes for ease of use. Additionally, alerts can be set to notify you immediately when signals occur.

Features:

Customizable lookback period.

Clear visual representation of key Fibonacci levels.

Easy-to-follow Buy/Sell visual signals.

Alert conditions for timely notifications.

Developed by Kriptomist for traders seeking clarity and precision in their Fibonacci-based trading strategies.

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