PPSignal - Fibonacci ZonesThis is a high probability analysis with Fibonacci Zones.
Zones:
E1 = 1.382
E = 1.00
D1 = 0.618
D = 0.50
Daily Pivot (Balance Point)
B = 0.50
B1 = 0.618
A = 1.00
A1 = 1.382
The Fibonacci ZonesTM are based on the High + Low + Close of TODAY (after the close) and then projecting the Zones for TOMORROW .
You can choose different periods of time to perform the zone calculations according to the timefreame. By default it is set to Weekly (W).
