Normally if you have customized the standard Fibonacci levels tool and then reset to defaults for some reason, you need to enter all the customizations in again.
These scripts can be customized, re-saved with different names for different strategies and then easily loaded without having to reinvent the wheel so to speak.
The default verbose is just an example of how you may wish to customize them.
There is a PDF available if you need more insight into how to work with these scripts.
Example of Fibit Retracement Script
This EA executes trades when it recognizes candlestick patterns that are associated with Bullish Reversals. Test have been ran on the daily chart. The code still needs a lot of work, so trade at your own risk.BB_MACD_funcs
Improved functions iBands и iMACD.