Simple Fibonacci numbers indicator

 

Dear all,

I can code, but my MQ4 is not good.

I have a simple request and wondered if anyone wants ot step in to be of assistance. It is probably a 10 minute job to a good coder.

I am looking for an indicator or EA which does something very simple.

Looks at a recent swing (defined by a number of pips, let's say 100 pips).

Draws lines a bit like fibonacci retracements, only using the NUMBER OF PIPS from the START of the move, rather than the ratios / %s.

So you define a 100 pip move down (most recent).

From the top of that move (point 0), the indicator or expert draws a horizontal line at:

15 pips

21 pips

34 pips

55 pips

89 pips

144 pips

233 pips

377 pips

610 pips

(1220 pips)

If anyone knows of such an indicator or wants to create it, I am happy to share what I am doing with it. We can then refine parameters, work on a system.

Best Regards,

Helfie

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