Fibo Scalp MT4

Fibo Scalp - Complete Multi-Timeframe MT4 Indicator Guide

Welcome to Fibo Scalp, a powerful multi-timeframe analytical tool designed natively for the MetaTrader 4 terminal. This indicator automates the tedious process of finding high-probability trend reversals and continuations by mapping out fractal-based swings and pulling Fibonacci retracements—all without you having to draw a single line.

Fibo Scalp runs completely in the background across multiple timeframes simultaneously, pushing alerts to your terminal or mobile device only when your precise Fibonacci criteria are met.

How to Trade With Fibo Scalp

Fibo Scalp is a flexible engine. Depending on your style, here are the two main ways to trade the signals:

1. Direct Signal Scalping

This approach is built for fast execution.

  • The Setup: Run the indicator on a short-term chart (like M5 or M15).
  • The Execution: The indicator works by establishing a directional bias based on a fractal break, then waits for a retracement. When you see a signal arrow, it means the price tapped your required Entry level and is moving back in the direction of the trend.
  • Trade Management: Execute the trade, placing your stop loss on the other side of your defined Invalidation level (e.g., the 61.8% Fib). Your targets are the previous swing highs/lows.

2. Dual-Timeframe Confirmation (The High-Probability Method)

This method is used by professionals to filter out choppy markets by ensuring their entries align with larger market flows.

  • The Setup: Configure your indicator to monitor a higher timeframe (e.g., H1 or M15) in the background while you keep your active chart on a lower timeframe (e.g., M5 or M3).
  • The Execution: Wait for a Fibo Scalp alert to trigger on your Higher Timeframe. This tells you a larger trend pullback has finished and momentum is stepping back in.
  • The Entry: Once that higher timeframe bias is confirmed, wait for a signal on your Lower Timeframe in the same direction. This allows you to catch the start of a major swing while using the tight stop loss of a lower timeframe setup.

The Interactive Dashboard

Instead of cluttering your chart with text blocks, Fibo Scalp features a sleek, interactive on-chart dashboard.

  • Toggle Visibility: Simply press the 'A' key on your keyboard to show or hide the panel.
  • Smart Filtering: The dashboard lists your current chart timeframe (the "Host") along with your 3 configured background timeframes. You can click the Bullish or Bearish buttons for any timeframe to "Arm" or "Disarm" alerts for that specific direction. This is perfect for muting counter-trend signals when you know the higher timeframes are showing strong momentum.

Input Parameters Breakdown

Here is a complete breakdown of every setting in your indicator properties window to help you fine-tune the engine to your trading style.

Timeframes (Settings)

  • InpTF1 / InpTF2 / InpTF3: Select up to three background timeframes to monitor alongside your current chart. The indicator runs the pattern logic on all of these simultaneously.
  • InpBgWarmupBars: Determines how much historical data (in bars) the indicator will process for the background timeframes when first attached. Keep this around 300 to ensure accurate fractal detection without overloading your terminal.
  • InpIncrementalBars: The number of bars fetched per tick update. 50-200 is optimal for smooth MT4 performance.

Pattern Engine

  • InpMaxPatternsPerDirection: The maximum number of concurrent setups the indicator will track per timeframe. Default is 20, which is plenty for active scalping.
  • InpMaxPatternAgeBars: How long (in bars) a setup remains valid before it "expires". If the price chops around for too long without triggering an entry or invalidation, the setup is scrapped.

Fractal Settings

  • InpFractalBars: The "n" value for fractals. A setting of 3 means the indicator looks for a high/low surrounded by 3 lower highs/higher lows on each side. Higher numbers identify major swing points; lower numbers catch minor pullbacks.

Fibo Size Filter

  • InpMinRangeATRMult: Filters out tiny, insignificant swings in choppy markets. A value of 1.5 means the swing must be at least 1.5 times the current ATR to be considered valid. Set to 0.0 to disable.
  • InpATRPeriod: The period used for calculating the Average True Range if the size filter is active.

Fibonacci Logic

  • InpFibEntryLevel: The Fibonacci retracement level where the setup is "armed" (e.g., 236 for 23.6%).
  • InpFibInvalidLevel: The level where the pattern is canceled and deemed invalid (e.g., 618 for 61.8%).

Fibonacci Drawing

  • InpDrawFib: Set to true to have the indicator automatically draw the Fibo objects on your chart when a valid setup triggers. (Note: Fibs only draw on the timeframe currently open on your chart).
  • InpShowFibs: Toggles the visibility of the drawn Fibonacci objects.
  • InpFibColor: The color of the main trendline connecting the swing points.
  • InpFibRayRight: Extends the Fibonacci levels infinitely to the right.
  • InpFibExtendBars: (MT4 Exclusive) If Ray Right is false, this extends the Fibo lines by a specific number of bars into the future for better visual context.
  • InpFibBack: Draws the Fibonacci objects behind the candlesticks so they don't obstruct price action.
  • InpFibLevelColor / Style / Width: Customization for the horizontal Fibonacci retracement lines.

Signal Arrows

  • InpBullColor / InpBearColor: Customize the colors of your Buy (Bullish) and Sell (Bearish) signal arrows.
  • InpBullArrowCode / InpBearArrowCode: The Wingdings font code used for the arrows (233 and 234 are standard MetaTrader arrows).
  • InpArrowWidth: The thickness of the signal arrows.
  • InpArrowOffsetPoints: How far away (in points) from the candlestick the arrow will be painted.

Alerts

  • InpAlertPopup: Enable standard terminal popup alerts.
  • InpAlertSound: Play a sound when a signal fires.
  • InpAlertSoundFile: The name of the .wav file to play (must be located in your terminal's Sounds folder).
  • InpAlertPush: Send push notifications directly to your MetaTrader mobile app.
  • InpAlertOnHistory: If true, the indicator will fire alerts for setups it finds in historical data when you first attach it. (Usually best kept false to avoid alert spam on load).
  • InpAutoArmDefault: If true, all timeframes and directions in your dashboard will be toggled "ON" by default when you load the indicator.

Dashboard

  • InpShowDashboardOnStart: If true, the interactive panel will be visible the moment you drop the indicator on your chart. Otherwise, it stays hidden until you press 'A'.
  • InpClearTogglesOnExit: If true, your dashboard armed/disarmed states (Global Variables) will be wiped when you remove the indicator, giving you a clean slate next time.
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Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
Crypto_Forex Indicator "Hanging Man and Inverted Hammer Pro" for MT4, No repaint, No delay. - Indicator "Hanging Man and Inverted Hammer Pro" is very powerful indicator for Price Action trading. - Indicator detects bullish Inverted_Hammer and bearish Hanging_Man patterns on chart: - Bullish Inverted_Hammer - Blue arrow signal on chart (see pictures). - Bearish Hanging_Man - Red arrow signal on chart (see pictures). - With PC and Mobile alerts. - Indicator "Hanging Man and Inverted Hammer Pro" i
Prop Firm Sniper
Mohamed Hassan
4.33 (6)
Prop Firm Sniper MT4  is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed t
Currency Strength Exotics
Bernhard Schweigert
4.88 (33)
CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading
Mean Reversion Supply Demand Indicator Mean Reversion Supply Demand is the indicator to detect the important supply demand zone in your chart. The concept of supply demand trading relies on the quantity mismatching between buying and selling volumes in the financial market. Typically, supply demand zone serves to predict the turning point. The wave pattern, for any supply demand zone to work as an successful trade, looks like the price must touch the base zone, move away and then return to zone
Stop Guessing. Start Trading with a Statistical Edge. Stock indices don't trade like forex. They have defined sessions, they gap overnight, and they follow predictable statistical patterns. This indicator gives you the probability data you need to trade indices like the DAX, S&P 500, and Dow Jones with confidence. What Makes This Different Most indicators show you what happened. This one shows you what's likely to happen next.  Every trading day, the indicator analyses your current setup against
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TTM Squeeze MT5
Tinashe Ndarimani
4.88 (8)
Overview The TTM Squeeze indicator helps identify low volatility periods (squeeze) that often precede price breakouts. It uses Bollinger Bands (BB) and Keltner Channels (KC) to determine when the market is "coiling" and ready to move. Configuration Guide Volatility Settings The indicator uses Bollinger Bands to measure market volatility. When BBs are inside Keltner Channels, a squeeze is detected. The squeeze suggests the market is consolidating and may soon break out. True Range Option Optional
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Benefits and Usage of the Volume Bubble Tool This tool, (one of my favorites by Algo Alpha, from Tradingview)  provides an advanced method of volume analysis by moving beyond traditional histograms. It leverages statistical normalization (Z-score) on lower-timeframe data to identify and classify statistically significant volume events, visualizing the dynamic between "Smart Money" (institutional) and "Retail" participants. Core Benefits Intuitive On-Chart Visualization: By plotting volume as bub
XAU Scalper MT5
Tinashe Ndarimani
XAU Scalper MT5 MT4   Version An analytical tool for observing short-term price movements in gold pairs. The XAU Scalper Indicator provides buy and sell signals based on candle stability, RSI, and short-term momentum. It is designed to help traders identify potential entry points during brief market movements in XAU pairs. Features Candle Stability Index:   Measures the proportion between candle body and wicks to assess price action reliability. RSI Index:   Tracks relative strength to indicate
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TTM Squeeze MT4
Tinashe Ndarimani
Overview The TTM Squeeze indicator helps identify low volatility periods (squeeze) that often precede price breakouts. It uses Bollinger Bands (BB) and Keltner Channels (KC) to determine when the market is "coiling" and ready to move. Configuration Guide Volatility Settings The indicator uses Bollinger Bands to measure market volatility. When BBs are inside Keltner Channels, a squeeze is detected. The squeeze suggests the market is consolidating and may soon break out. True Range Option Optiona
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XAU Scalper MT4
Tinashe Ndarimani
XAU Scalper MT4 MT5   Version An analytical tool for observing short-term price movements in gold pairs. The XAU Scalper Indicator provides buy and sell signals based on candle stability, RSI, and short-term momentum. It is designed to help traders identify potential entry points during brief market movements in XAU pairs. Features Candle Stability Index: Measures the proportion between candle body and wicks to assess price action reliability. RSI Index: Tracks relative strength to indicate pote
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SMC Breakout Channels
Tinashe Ndarimani
5 (4)
SMC Breakout Channels Anticipate market breakouts with precision. SMC Breakout Channels automatically detect accumulation and distribution ranges where professional traders (“smart money”) are most active. By combining volatility-based range detection with real-time volume analysis, this tool highlights the key breakout zones that often precede strong directional moves. Advantages Clarity: No clutter, just clean breakout boxes with clear bullish/bearish bias. Early Signals: Detect hidden ac
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Ultra Charts
Tinashe Ndarimani
Ultra Charts - Advanced Custom Chart Types for MT5 Get Manual Here! Get The Free Ultra Charts Trader Here! Ultra Charts is a comprehensive charting solution that brings professional-grade alternative chart types to MetaTrader 5. This Expert Advisor provides traders with multiple custom chart formats beyond standard time-based candlesticks, enabling enhanced technical analysis and pattern recognition. Chart Types Included The product includes six distinct chart types, each designed to filter mark
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MT5 Bar Replay Pro
Tinashe Ndarimani
3.5 (2)
MT5 Bar Replay Pro Download  demo version. These are the two basic steps to use this EA: How To Use Load the EA on your desired symbol Constructor input first. Load the EA on the newly created custom symbol, with the Controller input .   Overview MT5 Bar Replay Pro is MetaTrader 5’s answer to TradingView’s Bar Replay feature. It comes fully equipped with all 21 MT5 timeframes, allowing you to go back as far as your broker’s data permits. It includes a built-in risk management tool to ensure pro
Interactive Trader - Advanced Visual Trading Panel for MT5 Get Ultra Charts Here! Interactive Trader is a comprehensive visual trading solution that enables traders to execute and manage trades directly from the chart using an intuitive graphical interface. This Expert Advisor combines one-click trading with advanced order management capabilities, making professional trading tools accessible through simple mouse and keyboard controls. Core Features Visual Trading Interface - Clean, customizable
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Line Break
Tinashe Ndarimani
This EA generates custom Line Break charts on a separate symbol using the following input settings: 1. LineBreak input int LineBreak = 3; Use: Defines the number of lines required for a reversal (e.g., 3-line break chart). Set to 1: For 1-line break charts (more responsive). Higher values: Create smoother, trend-following charts. 2. StartDate input datetime StartDate = D'2025.03.01';s Use: Specifies the date from which historical data should be loaded and processed. 3. LineBreakTime input bool L
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This EA generates custom Heiken Ashi bars (Standard or Smoothed) on a separate symbol. Below is a guide for using the EA effectively with each input setting: 1. HeikenAshiType input ENUM_HEIKEN_ASHI HeikenAshiType = HEIKEN_STANDARD; Options: HEIKEN_STANDARD or HEIKEN_SMOOTHED Use: Choose the type of Heiken Ashi to generate: HEIKEN_STANDARD for traditional Heiken Ashi bars. HEIKEN_SMOOTHED for smoothed versions using MA filters. 2. SmoothingPeriod input int SmoothingPeriod = 7; Use: Applies only
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MT5 Version OVERVIEW This indicator integrates a refined trend-following model with dynamic price rejection detection, dynamic candle coloring, and ATR-based target projection, offering traders a complete visual system for identifying and managing trend continuation setups. It overlays directly on the chart, automatically spots potential trend changes, confirms rejections near adaptive support/resistance, and shows calculated stop-loss and take-profit levels to support structured risk-reward d
Trend Wave Surfer
Tinashe Ndarimani
5 (1)
MT4 Version OVERVIEW This indicator integrates a refined trend-following model with dynamic price rejection detection, dynamic candle coloring, and ATR-based target projection, offering traders a complete visual system for identifying and managing trend continuation setups. It overlays directly on the chart, automatically spots potential trend changes, confirms rejections near adaptive support/resistance, and shows calculated stop-loss and take-profit levels to support structured risk-reward d
Market Cipher
Tinashe Ndarimani
Overview Inspired by Tradingview’s falconCoin, The Market Cipher indicator is a momentum oscillator used to detect overbought/oversold conditions and potential trend reversals. Traders can also use it to spot divergences between price action and momentum for early entry or exit signals. Configuration Guide Core Indicator Settings The indicator calculates momentum using a short-term and a longer-term average. Momentum is plotted as a wave oscillating between overbought and oversold thresholds. Ov
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MT4 version Overview The Lowess Channel indicator is a smoothed trend-following tool designed to help traders identify the direction of the trend , detect flat or ranging markets , and spot breakouts from consolidation zones. It creates a central smoothed line with upper and lower channel boundaries, adapting to market noise while maintaining clarity. How It Works The indicator builds a channel around a smoothed price line. The central line reflects the current trend. The upper and lower bounda
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Lowess Channel
Tinashe Ndarimani
5 (1)
MT5 version Overview The Lowess Channel indicator is a smoothed trend-following tool designed to help traders identify the direction of the trend , detect flat or ranging markets , and spot breakouts from consolidation zones. It creates a central smoothed line with upper and lower channel boundaries, adapting to market noise while maintaining clarity. How It Works The indicator builds a channel around a smoothed price line. The central line reflects the current trend. The upper and lower bound
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Overview Inspired by Tradingview’s falconCoin, The Market Cipher indicator is a momentum oscillator used to detect overbought/oversold conditions and potential trend reversals. Traders can also use it to spot divergences between price action and momentum for early entry or exit signals. Configuration Guide Core Indicator Settings The indicator calculates momentum using a short-term and a longer-term average. Momentum is plotted as a wave oscillating between overbought and oversold thresholds. Ov
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Fibo Scalp MT5
Tinashe Ndarimani
Fibo Scalp - Complete Multi-Timeframe MT5 Indicator Guide Welcome to Fibo Scalp , a native MetaTrader 5 indicator designed to completely automate the hunt for high-probability Fibonacci retracement setups. Instead of cluttering your chart by manually drawing Fibs and waiting for price to retrace, Fibo Scalp's engine tracks market structure in the background. It dynamically maps fractal swings, validates structural breaks, and alerts you the exact moment price taps your chosen entry zone across m
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