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Free Automatic Fibonacci MT5

4.74

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 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
    Tt70598732
    44
    Tt70598732 2023.02.13 11:01 
     

    .

    hugrusi
    54
    hugrusi 2022.11.13 06:51 
     

    Muy bueno, muchas gracias!

    HOGJoerch63
    249
    HOGJoerch63 2022.10.08 10:49 
     

    nice to have someone that makes the work for u. Thumbs up

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    Filter:
    Peter Williams
    581
    Peter Williams 2024.01.15 16:40 
     

    Looks good but if I load a chart with this indicator plus others then save as template I don't appear to see indicator loaded when I load template on another chart. The indicator shows in the list of indicators but nothing shows - for this indicator - on the chart

    Tonny Obare
    71665
    Reply from developer Tonny Obare 2024.01.15 20:15
    Hello. Kindly countercheck your procedure. We tested as mentioned and it works okay. Perhaps one of the other indicators is causing the bug.
    JUAN HERNANDO
    23
    JUAN HERNANDO 2023.06.27 18:14 
     

    seria importante poder cambiar el color y el groser en una linea individulmente

    Tt70598732
    44
    Tt70598732 2023.02.13 11:01 
     

    .

    DavidJose
    17
    DavidJose 2023.02.09 15:38 
     

    Buen indicador

    palopalo
    14
    palopalo 2023.01.25 00:15 
     

    Es bueno gracias

    youko7
    14
    youko7 2023.01.22 03:17 
     

    使いやすいです♪

    hugrusi
    54
    hugrusi 2022.11.13 06:51 
     

    Muy bueno, muchas gracias!

    gobonaone chikanda
    118
    gobonaone chikanda 2022.11.10 17:10 
     

    useful

    JerryOwens1 Granados
    19
    JerryOwens1 Granados 2022.11.08 03:07 
     

    Excelente Indicador, muchas gracias por hacerlo libre aunque debería poderse configurar con mas niveles

    Edemilson Souza
    40
    Edemilson Souza 2022.11.02 21:20 
     

    How can I change the line colors? Yellow doesn't work for me!

    Tonny Obare
    71665
    Reply from developer Tonny Obare 2022.11.03 08:05
    Hello. You can use the LevelsColor input.
    HOGJoerch63
    249
    HOGJoerch63 2022.10.08 10:49 
     

    nice to have someone that makes the work for u. Thumbs up

    Lusky
    24
    Lusky 2022.08.29 00:38 
     

    Works as advertised, it's what I was looking for and I might purchase some additional options for it I would need along with one other I forgot to mention.

    Michael Nunn
    128
    Michael Nunn 2022.07.03 09:46 
     

    Very useful indicator. It saves a lot of time and guesswork.

    y728115
    329
    y728115 2022.05.30 05:47 
     

    Thank you.

    icando77
    14
    icando77 2022.03.07 11:24 
     

    Can I have a tutorial on how to use it on charts please???

    Tonny Obare
    71665
    Reply from developer Tonny Obare 2022.03.07 14:30
    Hello. Where are you stuck?
    Multi Disipliner
    352
    Multi Disipliner 2022.02.21 21:12 
     

    perfect

    sclacerda
    24
    sclacerda 2022.01.14 17:42 
     

    Tem como disponibilizar o código? quero automatizar

    yuuki harada
    118
    yuuki harada 2021.12.20 01:30 
     

    自動でフィボナッチを引いてくれるのでよく使っています!

    Gustavo Pica
    22
    Gustavo Pica 2021.12.04 11:46 
     

    muy bueno

    member
    293
    member 2021.11.12 03:10 
     

    I like it!

    Reply to review
    Version 1.20 2021.03.09
    The bug where when you change a level from the default, the text doesn't update has been sorted.
    Version 1.10 2020.08.31
    Minor bug fix.