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Auto Fibonacci Retracement - indicator for MetaTrader 4

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votes: 24
2017.01.23 10:43

Real author: Jeff West

Automatically draws Fibonacci retracements on chart.

Added the following inputs:

  • Fib Line Color
  • Fib Line Style
  • Fib Line Width

The Fibonacci retracement automatic calculated position can be adjusted by dragging the top or bottom of the red diagonal line. If the chart period is changed, the Fibonacci retracement will revert to automatic calculation.

Further research:

Auto Fibonacci Retracement

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