Ultra Advanced Fibonacci
- Indicators
-
Marcel De Oliveira Farias
NexQuantumX (NQX) develops trading tools for MetaTrader 5 and MetaTrader 4: technical indicators and Expert Advisors built on one consistent risk engine. - Version: 1.0
- Activations: 10
Ultra Advanced Fibonacci is a Fibonacci indicator for MetaTrader 4 that automatically draws Fibonacci levels on the chart. It saves the time of placing the tool by hand.
Main features
- Automatically draws Fibonacci levels
- No manual drawing required
- Helps locate possible pullback areas
- Focus on the M30 and H1 timeframes
- A demo version is available for testing
Recommended settings
Time-frames: M30, H1
Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY
How to use
Watch the Fibonacci levels as possible reaction areas, and confirm any idea with your own analysis and risk management.
Trading involves risk. Past performance does not guarantee future results.
Questions and suggestions are welcome in the Comments section.
