Trend Fibo 1.618

FIBONACCI TRENDLINE BREAKOUT SYSTEM

Advanced indicator combining dynamic trendlines with ZigZag-based Fibonacci projections for precise entry and exit points.

KEY FEATURES:
- Dynamic trendline detection using pivot analysis
- ZigZag-based Fibonacci level calculations
- Multiple take profit targets (1.618, 2.618, 3.618, 4.618)
- Automatic breakout signal generation
- Historical price level visualization

METHODOLOGY:
Detects trendline breakouts and automatically draws Fibonacci retracements/extensions based on recent ZigZag swing points. Provides clear entry zones and multiple profit targets.

USAGE:
Best suited for swing trading on higher timeframes (4H-Daily). Combine with trend analysis for optimal results.

DISCLAIMER: Educational purposes only. Past performance doesn't guarantee future results.