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Auto Fibo Retracement MT5

Just another Auto Fibonacci Retracement indicator. However, this is the most Flexible & Reliable one you can find for FREE. If you use this indicator and you like it, please leave a review/comment.

If you are looking for a more advanced Fibo indicator, check this Free Trend-Based Fibo indicator.

### FEATURES ###

  • Auto-calculate up to 7 Fibonacci levels on your customized frame.
  • Adjust levels as your need.
  • Use High/Low price or Open/Close price to calculate.
  • Freeze the levels and don't recalculate when chart moves.
  • Keep the starting point and recalculate the ending point when chart moves.
  • Auto-Recalculate everything in a fixed frame.
  • Set up the style (Line color, line style and line thickness) of each Fibonacci level to easy to see.
  • Extend the right and/or left side of lines to easy to use.
  • Move the position of level info (Level and its value) to Right or Left.
  • Show/Hide level value.

### SETTINGS ###

  • Frame: Your custom frame to calculate Fibo levels. It's the number of candles to look back.
  • UseOpenClosePrice: Set to True to use the Open/Close price to calculate instead of High/Low price. This helps to reduce noisy signals in some cases. Please note: This mode may recalculate and redraw the levels in some cases. It's right, not bug.
  • FreezeMode: Set to True to freeze the Fibo levels as initialize. It'll not recalculate the levels when chart moves.
  • KeepStartingPoint: Set to True to keep the starting point of frame. This helps to NOT move the first point of levels when the number of bars from the first bar to the current bar is more than the Frame set up. Please note: If the main trend direction is changed (from bearish to bullish or bullish to bearish), the starting point will be updated to capture the latest trend.
  • Level1 to Level7: 7 Fibonacci levels you want to calculate. Set to a number less than 0 to hide that level.
  • ExtendLeft: Set to True to draw levels to the most left of the chart (by default, it starts from the beginning of the main trend).
  • ExtendRight: Set to True to draw levels to the most right of the chart (by default, it end from the ending of the main trend).
  • ShowLevelPrice: Set to True to show the price next to the level.
  • InfoOnLeft: Set to true to move the level info to the left of levels.
  • Colors tab: Move to color tab to change Color, Style and Width of each level as your preferred.

### HOW TO USE IT ###

Just click on the indicator name to attach the indicator to the chart. You can change settings as you need. The meaning of each setting is as above.


When the indicator is attached to the chart, you will see:

  • The line arrow is the main trend. It is from the start to the end of the trend. Green if the main trend is bullish and red if the main trend is bearish.
  • 7 horizon lines in difference colors are the Fibonacci levels.
  • Text on the line is the level and the price on that level.

If you need further support, please feel free to leave a comment.

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Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r
200 USD
Der ADR-Umkehrindikator zeigt Ihnen auf einen Blick, wo der Preis derzeit im Verhältnis zu seiner normalen durchschnittlichen Tagesspanne gehandelt wird. Sie erhalten sofortige Benachrichtigungen per Pop-up, E-Mail oder Push, wenn der Preis seine durchschnittliche Spanne und darüber liegende Niveaus Ihrer Wahl überschreitet, sodass Sie schnell in Pullbacks und Umkehrungen einsteigen können. Der Indikator zeichnet horizontale Linien auf dem Chart an den durchschnittlichen täglichen Range-Extreme
49 USD
Market Structure MT5
Reza Aghajanpour
5 (2)
**   All Symbols   x   All Timeframes   scan just by pressing scanner button ** *** Contact me immediately after the purchase to send you instructions and add you in "Market Structure group" for sharing or seeing experiences with other users. CURRENT PRICE $39..... Future Price $200 Introduction: Market structure is important for both new and professional traders since it can influence the liquidity and price action of a market. It’s also one of the most commonly used techniques to understand tr
39 USD
FX Power MT5
Daniel Stein
4.3 (23)
Sie wollen ein konstant profitabler 5-Sterne-Forex-Trader werden? 1. Lesen Sie die grundlegende Beschreibung unseres einfachen Trading Systems und und sein großes Strategie-Update im Jahr 2020 2. Senden Sie einen Screenshot Ihres Kaufs, um Ihre persönliche Einladung zu unserem exklusiven Trading-Chat zu erhalten FX Power  ist der erste Währungsstärkemesser mit einer vollständigen Historie über alle Zeitrahmen. Es analysiert das Momentum und die Stärke aller wichtigen Währungen, um Trades m
66 USD
Black Dragon indicator mt5
Ramil Minniakhmetov
4.8 (45)
Der Trenderkennungsindikator ergänzt jede Strategie und kann auch als unabhängiges Werkzeug verwendet werden. Vorteile Einfach zu bedienen, überfrachtet das Diagramm nicht mit unnötigen Informationen; Kann als Filter für jede Strategie verwendet werden; Verfügt über eingebaute dynamische Unterstützungs- und Widerstandsebenen, die sowohl zur Gewinnmitnahme als auch zum Setzen von Stop-Loss verwendet werden können; Der Indikator ändert seine Farbe nicht, nachdem die Kerze geschlossen wurde;
30 USD
Swing Scanner MT5
Reza Aghajanpour
5 (2)
**   All Symbols   x   All Timeframes   scan just by pressing scanner button ** ***Contact me after the purchase to send you instructions and add you in "Swing scanner group" for sharing or seeing experiences with other users. CURRENT PRICE $49..... Future Price $200 Introduction: Swing Scanner   is the indicator designed to detect swings in the direction of the trend and possible reversal swings. The indicator studies several price and time vectors to track the aggregate trend direction and de
49 USD
Trend Chief mt5
Vladimir Stepanov
Trend Chief ist ein fortschrittlicher Indikatoralgorithmus, der Marktgeräusche herausfiltert, den Trend, Einstiegspunkte sowie mögliche Ausstiegsniveaus bestimmt. Verwenden Sie kürzere Zeitrahmen für das Scalping und längere Zeitrahmen für das Swing-Trading. Trend Chief ist perfekt für alle Metatrader-Symbole: Währungen, Metalle, Kryptowährungen, Aktien und Indizes *   So verwenden Sie den Trend Chief-Indikator: - Holen Sie sich den Haupttrend, indem Sie sich die Tages- und H4-Charts ansehen
99 USD
XQ Indicator MT5
Marzena Maria Szmit
5 (1)
The signal conditions are a combination of three indicators, and XQ Forex Indicators only display  medium and long-term trends . The indicator's efficacy has been improved with the addition of a filter that blocks out false signals. The XQ Forex Indicator can be used on  FX pairs, CFDs, and Cryptocurrencies . There are two type of signals:  Buy or Sell and Big Long or Big Short It is possible to enable sending emails when a major trend-change signal is detected, as well as to display the alerts
179 USD
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Just another Auto Fibonacci Retracement indicator . However, this is the most Flexible & Reliable one you can find for FREE. If you use this indicator and you like it, please leave a review/comment. If you are looking for a more advanced Fibo indicator, check this  Free  Trend-Based Fibo indicator . ### FEATURES ### Auto-calculate up to 7 Fibonacci levels on your customized frame. Adjust levels as your need. Use   High/Low price or  Open/Close price to calculate. Freeze the levels and don't re
Trend Based Fibo MT5
Nguyen Tuan Son
5 (1)
T he most   Flexible   &   Reliable   Trend-Based Fibonacci indicator   by Safe Trading. This indicator helps you calculate Trend-Based Fibonacci levels base on   the main and retracement trends to predict future price . If you just looking for a simple Fibonacci Retracement indicator, please use  this Free indicator . ### FEATURES ### Auto-calculate up to 7 Trend-Based Fibonacci levels on adjustable frame. Adjust Fibonacci levels as your need. Adjust the start and the end of calculated frame
The most Flexible & Reliable   Trend-Based Fibonacci indicator by Safe Trading. This indicator helps you calculate Trend-Based Fibonacci levels base on the main and retracement trends to predict future price . If you just looking for a simple Fibonacci Retracement indicator, please use  this Free indicator . ### FEATURES ### Auto-calculate up to 7 Trend-Based Fibonacci levels on adjustable frame. Adjust Fibonacci levels as your need. Adjust the start and the end of calculated frame in indicato
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Version 1.2 2023.03.22
- Support Trend Direction line customization
- Fix the conflict issue with other indicators
- Optimize performance
Version 1.1 2023.03.09
Fix minor issue with Open Close Mode.