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Free automatic fibonacci

4.65

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 different settings and colors. The settings are explained below:

  • BarsToScan - Set number of bars for the indicator to check for values
  • Level_1 - First level of the Fibonacci
  • Level_2 - Second level of the Fibonacci
  • Level_3 - Third level of the Fibonacci
  • Level_4 - Fourth level of the Fibonacci
  • Level_5 - Fifth level of the Fibonacci
  • Level_6 - Sixth level of the Fibonacci
  • LevelsColor - Setting to customize the color of the Fibonacci levels
  • FiboName - Setting for the name of the Fibonacci. If you attach several times on the same chart then each Fibonacci should have a different name.
This indicator can be used by all traders both armatures and professional traders as it does not require any expert knowledge to get it working. Simply attach it and it will scan the chart based on your preferences then it will plot a Fibonacci at the most suitable places.
    Reviews 20
    Rich8989
    217
    Rich8989 2024.04.25 11:33 
     

    Good Indicator..Thanks for sharing

    smfayyaz
    119
    smfayyaz 2024.04.23 04:58 
     

    Excellent platform !

    Bestman4christ
    20
    Bestman4christ 2024.04.22 23:21 
     

    Accurate tool for trading in combination with other indicator. Thanks

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    Filter:
    Rich8989
    217
    Rich8989 2024.04.25 11:33 
     

    Good Indicator..Thanks for sharing

    smfayyaz
    119
    smfayyaz 2024.04.23 04:58 
     

    Excellent platform !

    Bestman4christ
    20
    Bestman4christ 2024.04.22 23:21 
     

    Accurate tool for trading in combination with other indicator. Thanks

    sam0709
    38
    sam0709 2024.04.02 12:00 
     

    Hello Tony! It Is good indicator. Could you add there level 78,6% and price values at all levels. Thanks!

    MattyTrading
    2312
    MattyTrading 2024.02.24 23:38 
     

    excellent, very good to see the trend and place a buy or sell order, THANK YOU

    DenNelNast
    14
    DenNelNast 2024.02.24 10:06 
     

    Praktyczne, proste i dobre, Bardzo dziękuję

    jetztea1
    174
    jetztea1 2024.02.10 15:30 
     

    Simple and good, thank you

    leroy
    305
    leroy 2023.06.03 23:24 
     

    Simple and beautiful! Utilizing the capability to choose the amount of bars to scan is game changing for me. Thank you for creating and sharing a powerful tool.

    Tonny Obare
    73699
    Reply from developer Tonny Obare 2023.06.04 14:10
    Thank you for the positive feedback.
    offshorex7
    201
    offshorex7 2023.03.05 07:06 
     

    thank you for your help

    Alexandre Haag Garcia
    221
    Alexandre Haag Garcia 2023.03.01 09:29 
     

    Practical.

    hugrusi
    54
    hugrusi 2023.01.17 00:26 
     

    Muy práctico y útil

    Liza Parambita
    70
    Liza Parambita 2022.08.06 03:17 
     

    Very accurate indicator that it helps me a lot with my trading.

    Jouwill
    39
    Jouwill 2022.08.01 16:24 
     

    Excellent indicator!

    HLong P
    670
    HLong P 2022.05.25 09:20 
     

    awesome indic....saved me lots of work when switching to different pairs and TF. Many thanks for the free indic!

    Mihai Paul
    28
    Mihai Paul 2022.03.28 11:16 
     

    Very good!

    Lupacchiotta
    200
    Lupacchiotta 2022.03.15 09:50 
     

    Utile

    Viktor Pashko
    58
    Viktor Pashko 2022.02.16 21:29 
     

    Вполне адекватный индикатор учитывая то что он бесплатный.Простой и удобный.

    Shahzad Dariush
    61
    Shahzad Dariush 2021.11.09 23:37 
     

    Great Job

    259780
    14
    259780 2021.09.13 15:01 
     

    Estou tentando a entender o melhor momento de entrada mais Pace ser bem assertivo.

    Edson Anciliero
    32
    Edson Anciliero 2021.07.27 20:38 
     

    Muito bom!

    Reply to review
    Version 1.20 2021.06.22
    Minor edits.
    Version 1.10 2020.04.04
    Code updated to the new mql4.