Heiken Ashi Fibo Levels

Description 

Fibo Levels is a color multicurrency/multi-symbol indicator that automatically plots Fibonacci levels on a Heiken Ashi chart in a separate window below the chart of the main financial instrument.

It can be used with any broker, regardless of the name of a financial instrument used because the symbol name must be entered manually as an input parameter. If you enter a non-existent or invalid name of a financial instrument, you will receive an error message saying that the specified financial instrument is unknown (does not exist). 

You can set the number of candlesticks to be displayed, as well as a bullish and bearish color. 

The indicator calculates and plots Fibonacci levels over a certain interval of user-specified bars.

The user can display Fibonacci levels of the bullish and bearish trends in different colors.

Furthermore, the indicator may be set to display the time remaining until the completion of the current bar in <d:h:m:s format, as well as Fibonacci retracements, where:

  • < - an indication of the current bar.
  • d - days.
  • h - hours.
  • m - minutes.
  • s - seconds. 

 

Purpose

The indicator can serve as a tool for intermarket analysis visualization (convergence and/or divergence). 

Furthermore, it can be used for manual or automated trading as part of an Expert Advisor. For automated trading, use the indicator buffer of double type: 

  1. Fibonacci retracement of the bullish trend - buffer 4, must not be equal to -1.
  2. Fibonacci retracement of the bearish trend - buffer 5, must not be equal to -1.


Input Parameters

  1. Currency_Name - name if the financial instrument.
  2. Bars_Number - number of bars to be displayed in a separate window (recommended value is 250).
  3. Bars_Flag - flag to allow to display the number of bars set in the Bars_Number parameter:
    1. true - in accordance with Bars_Number.
    2. false - maximum available number of bars in history. 
  4. Bulls_Color - bullish candle color.
  5. Bears_Color - bearish candle color.
  6. Fibo_Bars_Number - number of bars for calculation of Fibonacci levels (recommended value is 240).
  7. Show_Time - permission to display the time remaining until the completion of the current bar.
  8. Show_Percen - permission to display the current Fibonacci retracement.
  9. Fibo_Bulls - color of Fibonacci levels in the bullish environment.
  10. Fibo_Bears - color of Fibonacci levels in the bearish environment.
  11. Fibo_Style - color of the auxiliary line.
  12. Time_Info - color of the displayed information.
  13. Bid_Line_Color - color of the Bid line.


Restrictions

A chart for each financial instrument can only be displayed once. Otherwise, you will see an error caused by its repeated use which will prompt you to change the financial instrument.


Recommendations

It is recommended to use the indicator with the Bars_Number value not being higher than the number of bars that can fit in one full size window (around 250 bars).

It is further advisable to use the indicator as shown in the screenshots below. 


Note

If the connection with a trade server is lost, the chart will be re-drawn from the beginning using the number of bars set by Bars_Number and Bars_Flag parameters once the connection is re-established and the data is spooled.

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THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before   BUYING  and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easil
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Hao Liu
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Dashboard Trade Manager
Moegamat Luqmaan Titus
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Dashboard.mq4 – The Ultimate All-In-One Trading Command Center In trading, time is money. Stop wrestling with clunky interfaces, scattered tools, and slow execution. **Dashboard** is not just a trade manager; it is a complete professional trading terminal designed for MT4. It combines execution, risk management, technical analysis, and market news into one lightning-fast, intuitive interface. Designed for the serious manual trader, Dashboard replaces your chart clutter with precision tools that
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Description The indicator determines the appearance of internal bars on the chart, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed internal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. The bullish and bearish mood can be colored. Inputs Sound_Play - a
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Description The indicator determines the appearance of bars that notify of the reversal of the current trend, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed reversal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. You can select the color for bullish and
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Description Keltner's colored channel indicator,also called STARC band, drawn in the main chart window. The indicator uses the calculation technique of the three drawing options: basic, improved and modified . The first two were proposed by Keltner, the third one - by a successful trader L. Rakshe. You can also search for your own best parameters of the indicator. The upper, middle and lower bands can be colored. The indicator includes the basic analytical tool of the market moods by Keltner. Th
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Description A colored universal multicurrency/multi-symbol indicator ZigZag to be drawn in a separate window below the main financial instrument. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).  The indicator can
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Description A colored channel indicator Price Channel to be drawn on the main chart of a financial symbol. It can color bullish and bearish moods based on the middle line of the indicator, as well as change the color of the upper and lower lines of the channel. Purpose The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:  The middle line of the indicator - buffer 4. The upper line of the
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Description Candlesticks is a colored multicurrency/multy-symbol indicator. It shows a financial instrument as a candlestick chart in a separate window below the chart of the main financial symbo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrume
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Description Candlestick Tools  is a colored multicurrency/multy-symbol indicator. It shows one of four standard indicators as a candlestick chart in a separate window below the chart of the main financial symbol. The indicator is calculated based on one of two indicators included in the standard package of the МetaТrader 4 terminal: CCI - Commodity Channel Index. RSI - Relative Strength Index. The default indicator is Commodity Channel Index. The indicator may be used with any broker, irrespecti
Pivot Pro
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Indicators
Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
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Igor Semyonov
Indicators
Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial inst
MACD Line Smart
Igor Semyonov
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Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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