Ultra Advanced AutoFibo
- 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 AutoFibo is an automatic Fibonacci indicator for MetaTrader 4. As the name says, it is meant to apply Fibonacci analysis without the trader having to draw the tool by hand.
Main features
- Automatic Fibonacci analysis
- Saves the time of manual drawing
- Helps locate possible pullback areas
- Easy to use
- A demo version is available for testing
Recommended settings
Time-frames: M30, H1, H4
Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY
How to use
Watch how price behaves around the Fibonacci areas during a pullback, 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.
