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Automatic Fibonacci Static

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Published: 24 September 2024

Current version: 1.2

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Automatic Fibonacci Static

Indicators
Avydel Talbo Doctolero
Avydel Talbo Doctolero
Spain

899
5 (1)
7 products
Version: 1.2

Discover the Power of Automatic Fibonacci Analysis!

Elevate your trading strategy with our free Fibonacci Retracement Indicator – a dynamic tool designed to streamline your technical analysis and enhance your decision-making process.

Key Features:

Smart Automatic Drawing: Say goodbye to manual calculations! Our indicator intelligently identifies swing highs and lows, instantly drawing Fibonacci levels for you.
Real-Time Updates: Stay ahead of the market with Fibonacci levels that automatically adjust as new price data arrives, ensuring you're always working with the most current information.
Comprehensive Level Coverage: Benefit from 11 carefully selected Fibonacci levels, including the essential 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%, as well as extended levels like 161.8%, 261.8%, and even negative extensions at -61.8% and -161.8%.
Universal Compatibility: Seamlessly apply this powerful tool across any timeframe or symbol, making it perfect for diverse trading strategies and multiple markets.
Efficient Calculations: Our indicator uses a focused 20-bar lookback period with a 10-bar shift, striking the perfect balance between recent price action and broader market context.
Clean, Professional Charting: Enjoy a clutter-free chart with our thoughtfully designed color scheme – black for standard levels, red for negative extensions, and lime for positive extensions.

Perfect for:

Traders of all experience levels looking to incorporate Fibonacci analysis into their strategy
Busy professionals who need quick, reliable Fibonacci levels without manual input
Technical analysts seeking to complement their existing tools with automatic Fibonacci retracements

Experience the ease and efficiency of automated Fibonacci analysis – download our free indicator today and take your trading to the next level!

Note: While our free version offers powerful automatic features, it does have some limitations. The lookback period, shift, Fibonacci levels, and visual styles are preset and cannot be customized. For traders requiring more flexibility, our premium version offers full customization options while maintaining all the automatic features you love.

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Screenshot #1 Automatic Fibonacci Static

Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe

Development of the previous version of the indicator ZigZag WaveSize MT4 ZigZag WaveSize - modified standard ZigZag indicator with added information about wave length in points, levels, and different alert logic General Improvements: Code adaptation for MetaTrader 5 Optimized work with graphical objects New Features: Horizontal levels at extremes Selection of level types: horizontal/rays/segments Filter for liquidity levels (not broken by price) Buffer for breakouts: adjusting sensitivity to f

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Donchian Channel is an indicator created by Richard Donchian. It is formed by taking the highest high and the lowest low of the last specified period in candles. The area between high and low is the channel for the chosen period. Its configuration is simple. It is possible to have the average between the upper and lower lines, plus you have alerts when price hits one side. If you have any questions or find any bugs, please contact me. Enjoy!

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This indicator is an automated version of the Fibonacci retracement (Fib) indicator. Deciding the best areas to use when drawing the fib can be tricky and this indicator was made with that in mind. When you drop it on the chart it will automatically choose the best points to draw the fib with, but in case you aren't satisfied with those regions, you can adjust it as you wish.

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Automatic Fibonacci Static

Avydel Talbo Doctolero