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Automated Fibonacci drawing

In theory drawing Fibonacci levels is simple. In practice it is not that simple. Why? Firstly the trader needs to identify a trend. Secondly the trader needs to observe the trend and decide when the trend has ended so he can draw the Fibonacci levels. The automated drawing package solves these two complexities. It identifies the trends and draws the Fibonacci levels and the Fibonacci extensions when it considers the trend has ended.

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Fibonacci drawing.