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Fibonacci Dynamic Balance point

Fibonacci Dynamic Balance Point in Amibroker is likely a tool that adapts Fibonacci ratios to changing market conditions. It utilizes the Amibroker data feeder to dynamically calculate and adjust Fibonacci levels based on real-time market data. Traders use this dynamic aspect to accurately identify evolving support and resistance levels for informed trading decisions.

/_SECTION_BEGIN("Fibonacci Dynamic Balance Point");
dt = DayOfWeek();
DBC =(HighestSince(DayOfWeek()==dt,H,5)+
Plot(DBC, "Fibonacci Dynamic Balance Point", colorRed);

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