Fibocalc Information

The Forex indicators support to calculate where next prices are going & whether or not the Forex is in an overbought or oversold state. Fibocalc Mq5 is a technical indicator utilized in the analysis of finance currency markets. The rule of forecasting counting on this Forex indicator might be worded the following technique, the higher the rate of the technical indicator, the higher the possibility of a price trend reversal, the lower the indicator’s value, the weaker the trend's activity is. Indicator Fibocalc V31 is not very practical in choppy or sideways Foreign Exchange markets. I only advise implementing it in trending Foreign Exchange markets. Whether the Forex market is trending up or down will not matter, as long as it's trending.
Download : fibocalc_V31.mq4