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Fibo Projector

This indicator will automatically draw 4 Fibonacci levels on the chart.

Dynamic Fibonacci will be drawn on the last of zigzag line.

Static Fibonacci will be drawn on the 3 last of zigzag line.

Fibonacci projection 1 and 2 will be drawn on the last zigzag line also.

This way, you can see several Fibonacci level to get prediction of next support and resistance of market price.

Indicator does not work if less than 500 bars are available.


Parameters

  • Zig_Zag_Parameter
  • Depth - Zig zag depth parameter. Default is 24.
  • Deviation - Zig zag deviation parameter. Default is 5.
  • Backstep - Zig zag backstep parameter. Default is 3.
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Syarif Nur Arief
5 (2)
This EA can predict early trend on market, scan early trend from M5 to W1, This EA not martingale, not a hedging, not averaging and not grid. And this EA only open/close position once (only 1 opened order) every 8 hours. EA parameters   : Trade_Set_AUTO , Default is    ## AUTO Trade Setting ## ,   Mean Note for below parameter. LOT_SIZE_AUTO_TRADE , Default is    0.01 ,   Mean Lot Size to be traded is 0.01 Lot, Can be changed depend your account balance, (0.01 Lot Per 200 usd initial balance). A
So many EA and Copy Signal are using Averaging Grid system with martingale or even using flat lot size, they have pips difference in vary, also the way they put order 3-5 in same time at one time, that's all make a time bomb soon or latter will blow your account. Here is the link on mql5 signal that use This EA :  https://www.mql5.com/en/signals/1850760 https://www.mql5.com/en/signals/1850763 https://www.mql5.com/en/signals/1823152 Iam here with my experience about more than 8 years, i've found
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