Drawing Fibonacci indicator automatically
I wish to analyze a chart using Fibonacci indicator. Is there any methodologies (or libraries) that can draw of Fibonacci indicator automatically on a chart with MQL4?
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jackee1234:
I wish to analyze a chart using Fibonacci indicator. Is there any methodologies (or libraries) that can draw of Fibonacci indicator automatically on a chart with MQL4?
I don't think that an indicator can automatically draw a Fibonacci without the algorithm to decide the 0% level and the 100% level. So if there is an indicator that draws Fibonacci, there is no guarantee that it will draw it where you want it.
I wish to analyze a chart using Fibonacci indicator. Is there any methodologies (or libraries) that can draw of Fibonacci indicator automatically on a chart with MQL4?
I think ICWR indicator works for you. Just google for it and let us how things go for you.