OPEN-SOURCE SCRIPT
JAHMUDOS 1
Updated
Description
This indicator helps identify **trend reversals** and displays the next **Fibonacci levels**. It provides precise **entry signals** for the perfect entry point into a new trend, based on key market analysis and Fibonacci retracements.
**Features**:
- **Identify trend reversals**
- **Display Fibonacci levels**
- **Find optimal entry points**
**Benefits**:
- Increased accuracy in spotting turning points.
- Easy to use
**Recommended Use**: Ideal for swing traders and position traders.
This indicator helps identify **trend reversals** and displays the next **Fibonacci levels**. It provides precise **entry signals** for the perfect entry point into a new trend, based on key market analysis and Fibonacci retracements.
**Features**:
- **Identify trend reversals**
- **Display Fibonacci levels**
- **Find optimal entry points**
**Benefits**:
- Increased accuracy in spotting turning points.
- Easy to use
**Recommended Use**: Ideal for swing traders and position traders.
Release Notes
DescriptionThis indicator helps identify **trend reversals** and displays the next **Fibonacci levels**. It provides precise **entry signals** for the perfect entry point into a new trend, based on key market analysis and Fibonacci retracements.
**Features**:
- **Identify trend reversals**
- **Display Fibonacci levels**
- **Find optimal entry points**
**Benefits**:
- Increased accuracy in spotting turning points.
- Easy to use
**Recommended Use**: Ideal for swing traders and position traders.
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-- Use it with the Indicator Jahmudos to see wether it is an upward or downward trend.
Additionally, use this Indicator to achieve better targets --
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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