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Fib breakout v2

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This indicator plots the Fib high and low based on a given lookback input. Once price breaks out towards one side of the pivot , it looks through multiple timeframes to watch if momentum is falling. If momentum falls through a certain threshold, it will close the order.

Take profit at your own discretion. The PnL from this is strictly based on closing when the momentum has hit a threshold. If you're actively watching and closing at conservative levels, it can potentially be much higher.

Update: Includes sell signals

면책사항

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