This indicator is based on Fibonacci retracements. Very useful to predict the reversal point

[admin]

This indicator is based on Fibonacci retracements. Very useful to predict the reversal point.

Expert-Advisor-Studio/Indicators/fibonacci_retracements at master ·...

[goodie]

If the orange spline is moving close to the dash lines, then we need to be careful.
Correct?

[admin]

Yes, correct.
The dash lines stand for Fibonacci retracements.