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Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

votes: 57
2015.12.11 15:56
2016.11.22 07:32
ifibonacci.mq4 (61.62 KB)view

Because I believe in Fibonacci tools, I've decided to add them all in one simple and clean indicator. So here's my first indicator which will draw almost all Fibonacci tools such as Retracement, Arc, Fan, Expansion and Time Zone based on default ZigZag indicator swings.

Update: v1.01 (29/12/2015)

  • Added Sunday's calculation for High, Low, Pivot Points.
  • Changed ZigZag Depth value to "24" instead of "21" for more drawing accuracy.
  • Improved Arc Scale formula.
  • Improved the performance of the Indicator.

Fibo Retracement

Fibo Fan

Fibo Arc

iFibonacci settings


  • Control the ZigZag values: Depth, Deviation, Backstep.
  • You can change the colors, width and style on all tools.
  • Ability to draw the tools on fixed Time Frame.
  • Show/Hide whatever tool you like.
  • Show/Hide extra levels: 14.6, 23.6, 76.4, 88.6, 127.2.
  • Show Daily, Weekly, Monthly High/Low with Standard pivot.
  • Draw triangles on the latest 6 ZigZag points.
  • Show Candle time left.


  • JimDandy
  • WHRoeder
  • RaptorUK
  • deVries
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