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Abiroid Auto Fibonacci Indicator

4.93

About:

A Fibonacci indicator is best used with other indicators like Pivots, Support/Resistance etc.

Price tends to use Fibo levels as Support or Resistance lines. So, this indicator is very useful to know when price might reverse or if a level is crossed, price might continue the trend.

Also, to find the best Take Profit and StopLoss lines.

Don't use Fibo Indicator alone for trading as it might not always be accurate. Use it to make your strategies better as a supporting indicator.


Settings:

High/Low Detection:

Auto Fibo Indicator plots Fibonacci Retracements by automatically finding high and low price points using following 2 ways:

- ZigZag

Set: ZigZag_Depth, ZigZag_Deviation, ZigZag_Backstep

- 3LZZ Semafor

Set: Period_1,2,3

Using these settings an auto Fibonacci retracement is drawn. Red Fibo means current trend is bearish and Green Fibo means trend is bullish.


Golden Zone:

You can also specify a golden Zone: GoldenZone_Start_Percent and End_Percent

And indicator will mark Golden Zone when price enters inside it.


Comma Separated Levels:

- Show Levels:

FiboShowLevelsStr = "23.6,38.2,50,61.8,78.6"

Which Fibo Levels to Show on chart. By default 0 and 100 levels will be show. Specify all other levels you want to see as comma separated values.

- Mark Levels:

Which Fibo Levels to Mark when price crosses that level.


Price Cross Direction:

Specify direction from drop-down:

WithTrend, WithRetracement, WithBoth


If you like to trade only Trends select WithTrend, If you want to trade retracements specify WithRetracement.

Try not to use WithBoth as that will give too many signals.


Reviews 20
Jozsef Lakatos
328
Jozsef Lakatos 2024.02.12 20:38 
 

GOOOD

Ruggero Moroni
18
Ruggero Moroni 2023.11.07 16:24 
 

Hola,estoy empezando ahora con el trading y me encanta tu fibonacci. Una pregunta tienes un video donde puedo ver bien como utilizarlo a lo mejor posible? mill gracias

Martin Brown
706
Martin Brown 2023.02.10 14:06 
 

⭐⭐⭐⭐⭐ The "Golden Zone" has really simplified my trading. By coordinating these on the daily, 1 Hour, and 5 minute charts what once was a chaotic sea is now a peaceful lake. Thank you 😉

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Dashboard uses Ichimoku Strategy to find best trades. Get extra Indicators/Template: And read more about detailed Product Description and usage here: https://www.mql5.com/en/blogs/post/747457 Please note: I won’t be able to add new settings. It already has 72 settings     Some people are using it with their EAs. And iCustom function can only take Max 64 settings. So, I cannot let it grow any further. I’ll definitely be maintaining the code and solving issues. Don’t worry     Please check all
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TDI Multi Timeframe Scanner: This Dashboard indicator uses the TDI (Trader's Dynamic Index) Indicator to find best trades. Extra indicators and detailed description is here: https://abiroid.com/product/tdi-scanner-dashboard Checks for: - SharkFin Pattern Free indicator for SharkFin: https://www.mql5.com/en/market/product/42405/ - TDI Trend: Strong/Weak Trend Up/Down - TDI Signal: Strong/Medium/Weak Signal for Buy/Sell - Consolidation - Overbought/Oversold - Volatility Bands - Previous Day/Week
65 USD
Scanner Dashboard for Best Heiken Ashi VQZZ Arrows Indicator here: https://www.mql5.com/en/market/product/45900 Updated description and all extra indicators/templates are here: https://abiroid.com/extras/best-heiken-ashi-vqzz-system-extras Please note that if you are using too many pairs/timeframes, then VQZZ calculations might slow down the dashboard. So be careful not to use too many VQZZ Higher timeframes if you are using too many pairs. Dashboard Symbols: Please refer to Screenshots f
55 USD
This Indicator uses Center of Gravity (COG) Indicator to find you the best trades. It is a reversal based Swing Indicator which contains an  Arrows Indicator. That you can buy here from Metatrader Market. And a scanner Indicator. Free Download here: https://abiroid.com/product/abiroid-sway-cog Scanner needs arrows indicator to run. Copy scanner ex4 in same folder as your Arrows Indicator: MQL4/Indicators/Market/ All extra indicators and templates also available in above link. Base Strategy:
50 USD
All Indicator extras and template: https://abiroid.com/extras/best-heiken-ashi-vqzz-system-extras The Best Heiken Ashi System is a simple trading system for trading based only two indicators for generate signals: Heiken ashi smoothed and Vqzz indicator multi-timeframe. The system was created for scalping and day trading but can also be configured for higher time frames. As mentioned, the trading system is simple, you get into position when the two indicators agree. Get Scanner dashboard her
FREE
This is a Dashboard Scanner for finding good trades using the GMMA method as base and TDI method for trend verification. All buttons for all Pairs and Timeframes are clickable and will change the chart for you to that Symbol/TimeFrame. Green "G-Buy" button means good Buy Trend and Red "G-Sell" button means good Sell Trend. Gray "G" means just a cross has happened but trend is not strong enough yet. Read scanner common settings: https://www.mql5.com/en/blogs/post/747456 How Scanner finds th
32 USD
Note: This is an Arrows Only Indicator. Get paid scanner or free TDI extra indicators here: https://abiroid.com/product/tdi-sharkfin-arrows-and-scanner/ About: This is a TDI Arrow Indicator for finding the Shark Fin Pattern. It will show an arrow in the current bar if RSI sharkfin is finished forming in previous bar. What is Shark Fin TDI Pattern? Upper Shark Fin: In TDI Indicator when Green RSI breaks above a certain level and also breaks upper Volatility band and then breaks below that
FREE
This indicator is based on Guppy's GMMA Strategy. And shows arrows when GMMA lines cross up or down. To have this indicator and get alerts for Multiple Timeframes and multiple Pairs you can check out the demo of this GMMA Trend Scanner indicator: https://www.mql5.com/en/market/product/38747 About GMMA In Brief: GMMA attempts to identify trends by combining two groups of moving averages with differing time periods: The long-term EMAs (30, 35, 40, 45, 50, and 60) the behaviors of investors tha
FREE
3 Level ZZ Semafor Scanner: This is a Dashboard indicator which uses 3LZZ Indicator in the background to find semafors. It will give priority to the semafors3 because they specify a strong signal. So, even if there is a sem1 or 2 on current bar, and if Sem3 was within "Check Previous Bars for Sem 3". Then it will show Sem3 instead. You can go through this video tutorial to see how it works: https://youtu.be/Z4v4h8U6RiM Get all extra Indicators/Template from here: https://abiroid.com/product/
65 USD
EMA Multi meter
Abir Pathak
4.92 (13)
How the Indicator Works: This is a Multi-timeframe MA multimeter indicator which studies if price is above or below a particular EMA range and shows Red/Green/Yellow signals. Red: Price Below EMA range Green: Price above range Yellow: Price within range Indicator Properties: EMA Settings: - Default Period is 200. You can change all MA Settings like Period, MA Method (SMA, EMA, etc) or MA Applied Price (Close, Open, etc). - EMA Range list is a comma separated value list for different timefr
FREE
Read detailed description and Get Free Demo and extra indicators: https://abiroid.com/product/abiroid-halftrend-scanner Features: - Halftrend Arrow Scan: Scan Max Past Bars for Halftrend arrows. Show how many bars back the arrow occurred in a bracket - Past Bars Back Alerts: Num of bars back for which scanner will send alerts - Halftrend HTF Align: Scan Higher timeframes for Trend Direction of Halftrend Indicator and if trends align show a slanting Green/Red Arrow for Up/Down trend - Semafor
32 USD
Features: Find these engulfing patterns: Simple Engulf Stick Sandwich Engulf Three Line Strike Rising Three Morning Star Doji Scanner is useful to make your strategy better. Don't always go by Win/Loss percentage. Because this tool is not based on past results. Basic Settings: For All Patterns You can set: First:Last Candle Ratio This will make sure that the earlier opposite candle is at least this given ratio in height as compared to the engulfing candle. This is not checked for Three Line Stri
FREE
This strategy is best used for Trend based trading. While market is trending, price still makes smaller ranges. Darvas boxes show breakouts from these small ranges, while still following the original market trend. Detailed Description: https://www.mql5.com/en/blogs/post/747919 Features: - Check Darvas Box Breakout - Check Price Above/Below MA or Darvas Box has crossed MA - Min, Max Box Height - Max Distance Between Entry Price and Darvas Box - NRTR Trend Check - Heiken Trend Check - MA Slo
55 USD
Abiroid Slope MA
Abir Pathak
4.5 (2)
Features: - Moving Average Slope for Max Past Bars - Slope Period - Slope Thresholds - Multiple Slope Type options - See slope visually as a histogram - Info Panel Show/Hide Slope Calculations and Types: The slope value is calculated using the Slope Period. Suppose Period is 5, it will check the MA value for bar (x) and bar (x+5). And find the slope angle between them. Read detailed description about Slope Types and Settings here: https://www.mql5.com/en/blogs/post/747651
FREE
Description This scanner uses 3LZZ TRO ex4 and scans for Semafors at given “Shift” bar. Scanner Detailed Settings: https://www.mql5.com/en/blogs/post/747456 Other Settings: Set Periods for Semafor 1,2,3 Set alerts on/off for Semafor 1,2,3 Shift bar (Bar on which semafor is scanned) Refresh After Ticks (Number of ticks when dash is refreshed) This scanner is pretty simplistic version. And a more detailed version with a different strategy is available here: https://www.mql5.com/en/market/produ
FREE
Abiroid Multi Slope indicator allows you to calculate a Slope Histogram for any line of any indicator . Histogram is for 1 slope line only, but slope values can be calculated for 3 lines total. To have multiple histograms, add as many Slope indicators for custom indicators as you like on chart. You just need to provide the Indicator name, buffer value, slope's period and max number of bars back. By default it has slope calculation for TDI_v4.ex4 indicator. There is no way to specify parameters f
FREE
Abiroid MA Stack
Abir Pathak
4.33 (3)
Moving Average Rainbow Stack: Free: Single Currency & Single Timeframe MA Stack Very useful for finding current and higher timeframe trends. Best suited for long term trend based trading. Use fewer MAs for quick scalping. And not suitable during low volatility. Only use during high volatility and steady trending markets. Use this to enhance your existing Trend based strategies to find best trends. Read detailed description https://abiroid.com/product/abiroid-ma-stack Available MTF and Scanner
FREE
Extreme TMA System with Arrows Indicator And Buy/Sell Boxes with Take Profit & Stop Loss This is a Non-Repainting Arrows Indicator based on the Extreme TMA System. It shows TMA cross signals and the best BUY/SELL signals. Along with the most predicted TakeProfit. And StopLoss based on TakeProfit ratio. Please note: This is an Arrows only Indicator. Dashboard is sold separately here: https://www.mql5.com/en/market/product/44825 About Indicator: This indicator shows BUY/SELL Signal Arrows a
32 USD
This Scanner Dashboard uses the Extreme TMA System Arrows Indicator to show good BUY/SELL signals. This Product contains dashboard only. It does not contain the Abiroid_Arrow_Extreme_TMA.ex4 indicator. Arrows indicator is not necessary for dashboard to work.  To see arrows, you can buy the arrows indicator separately if you like: https://www.mql5.com/en/market/product/44822 Dash shows Slopes for current and Higher Timeframes. - 1st diamond is current TF. Next diamonds are higher TFs (Please N
32 USD
Abiroid Profit Percent Series 1: Arrows Indicator Stochastic Ichimoku with ATR Get the Scanner for free. For getting Profit Percentages for Multiple Timeframes and Multiple Pairs. And read detailed description about this indicator and all the settings here. And get extra Indicators, Templates and settings for download: https://abiroid.com/product/profit-percent-stoch-ichimoku-with-atr Watch the tutorial video here: https://youtu.be/C45-9kWPE2Q About The Strategy: This strategy has 3 main
65 USD
Profit Percent Series 2 The scanner dashboard available here (for  Free) : https://abiroid.com/product/profitpercent-arrows-ma-confluence Read detailed information about MA Confluence here: https://www.mql5.com/en/blogs/post/747474 Here's a post about Common Settings for all Profit Percent Series Indicators: https://www.mql5.com/en/blogs/post/747456 Strategy: Main Signal Indicators (Any One): MA Cross (In-built) or Hull, OBV Cross, Heiken Ashi Cross Validation Indicators (Preferably l
65 USD
Free scanner available here: https://abiroid.com/product/abiroid-ema-scalper Basic Strategy: 1: MA Crossover Up/Down Arrow (Mandatory Check) Optional Checks: 2: If NRTR Check On (Optional): For BUY: Check if NRTR blue and For SELL: NRTR Red If NRTR Shadow Distance On (Optional): Check price for 'x' bars back: at Shadow distance (ATR Multiplier distance) from NRTR line. 3: If High Volume bar On: Check if High Volume or if Medium (if on) Volume bar 'x' bars back 4: If HTF Trend Align On (Option
65 USD
This is a Multi-currency multi-timeframe Support/Resistance Scanner Dashboard for Metatrader 4 (MT4) platform. Get all extras and download free demo here: https://abiroid.com/product/abiroid-support-resistance-scanner Read detailed description in post above. Features: Scan Support/Resistance zones (also called Supply/Demand zones) Show alert when price is inside these zones and highlights the pair/timeframe Show or hide SR zones price nearest to current price (Price_Close) Show or hide cur
32 USD
This strategy is useful for small timeframe scalping and binary options. Best timeframes: M5,M15,M30 M1 timeframe is too unpredictable. So be careful with that. Read Detailed Description and Get All: - Free Demo - Free Scanner - Extra Indicators ex4 files from https://abiroid.com/product/abiroid-donchian-scanner-and-arrows Arrows Demo only works in strategy tester. So, Arrows Demo won't work with the free scanner. Scanner needs "Abiroid Donchian Arrow.ex4" to work. So make sure both arrows a
65 USD
Read detailed description and   Get Free Demo   and extra indicators: https://abiroid.com/product/abiroid-supertrend-scanner This is a very simplistic Supertrend scanner dashboard. Features: - Select one of In-Built Supertrend Indicators: xSupertrend or Supertrend_CCI (based on CCI). - Or select your own Custom Supertrend indicator. And specify the UpTrend and DownTrend Buffer numbers - Supertrend Trend Direction Change Scan: Scan Max Past Bars for Supertrend Change. Show how many bars bac
32 USD
Get Free Scanner and example Strategies And understand detailed description here: https://abiroid.com/product/abiroid-customizer-arrows-and-scanner And get example wrapper here: https://abiroid.com/indicators/customizer-sample-wrappers You can make your own wrappers if your indicators have complex conditions or for In-Built MT4 indicators. Features: - Specify your own Custom Indicator - Specify Buffer values and create Variables - Use those Variables to create your own Buy/Sell Conditions
65 USD
This is a multi-timeframe multi-currency Fibo (Fibonacci levels) and Pivots scanner which also shows Missed Pivot count and Fibo Golden Ratio Zones. Select separate Pivot Timeframes for each Dashboard Timeframe Check when price is near a Pivot point Check for Price Crossing Pivot Point Use Mid Pivots (Optional) Show Missed Pivots (Optional) Show High Volume Bar Use Fibo (Optional) Use Fibo Golden Ratio (Optional) Set your preferred Timeframe for Fibo or Pivots Check out   Common Scanner Settin
32 USD
This strategy is best used for Scalping and Binary Options. Strategy: There are 3 EMAs: Faster, Medium and Slower. When Price is Trending, wait for Price to bounce an EMA and scalp at each bounce. Features: - Check if 3 MAs are Stacked - Check Price Bounce Off MAs (Faster, Medium, Slower) - Min Distance Between Faster and Medium MA Filter - Max Distance Between Entry Price and Faster MA Filter - High Volume Check - Heiken Trend Check - Volatility Check - Higher/Lower Timeframes MA Stacked check
45 USD
Bollinger Bands Breakout Strategy has an Arrows and Scanner Dashboard indicator set. It is for MT4 (Metatrader 4) platform. When price breaks out of a Bollinger Outer Band in a powerful way, it becomes a great position for scalping. Because the next few bars will most likely keep going in the same direction. Especially if Middle band is also sloping towards that breakout. It's also great for Binary options when using 2-3 next few bars. Strategy: BUY  Bollinger Bands: - Price breaks out of
50 USD
About Scanner: Detailed blog post is here: https://www.mql5.com/en/blogs/post/749119 BB Squeeze Scanner uses   bbsqueeze.ex4   in background to calculate when BB Squeeze (Bollinger Bands Squeeze) happens and when BBands expand. It is attached with the above blog post. What is Bollinger Bands Squeeze: The Bollinger bands squeeze is a special pattern when the volatility of a market decreases after trending periods. It is generally observed the price is ranging during this period until a
32 USD
Filter:
Jozsef Lakatos
328
Jozsef Lakatos 2024.02.12 20:38 
 

GOOOD

Ruggero Moroni
18
Ruggero Moroni 2023.11.07 16:24 
 

Hola,estoy empezando ahora con el trading y me encanta tu fibonacci. Una pregunta tienes un video donde puedo ver bien como utilizarlo a lo mejor posible? mill gracias

Abir Pathak
40819
Reply from developer Abir Pathak 2023.11.07 16:57
Hi,
Glad you liked it :) Sorry no video. You can read the detailed tutorial on how to use here https://abiroid.com/product/abiroid-auto-fibo-indicator/ And use it with your fav fibo strategy.
Martin Brown
706
Martin Brown 2023.02.10 14:06 
 

⭐⭐⭐⭐⭐ The "Golden Zone" has really simplified my trading. By coordinating these on the daily, 1 Hour, and 5 minute charts what once was a chaotic sea is now a peaceful lake. Thank you 😉

Abir Pathak
40819
Reply from developer Abir Pathak 2023.02.10 14:10
Thank you for the wonderful review :)
Torsten Wiese
48
Torsten Wiese 2022.11.08 00:12 
 

Really good tool. I use it for trading Indices.

fxpat
510
fxpat 2022.11.01 06:46 
 

good

[Deleted] 2022.10.31 03:29 
 

User didn't leave any comment to the rating

are1971
738
are1971 2022.08.12 13:24 
 

thank you for sharing free great tool

DREECKOVICH
74
DREECKOVICH 2022.07.11 18:13 
 

добро благодаря ви

[Deleted] 2022.06.23 10:52 
 

User didn't leave any comment to the rating

Abir Pathak
40819
Reply from developer Abir Pathak 2022.06.23 12:59
Hi,
Nice to hear from you!
Actually I'm not really looking to add new enhancements to this one. I want to keep it simplistic and free :)
Seems like you have very specific requirements for an Indicator, merging 3 different ones. It sounds really cool.
You could try maybe posting it in freelance mql5 section. I'm sure someone will be able to make something with your requirements.
Good luck :)
John Winsome Munar
3471
John Winsome Munar 2022.06.14 05:35 
 

Good pivot points indicator

topline8000
1144
topline8000 2022.05.03 12:14 
 

very good

Max
1193
Max 2022.01.26 14:12 
 

Super cool and unique, love it, thank you so much, almost perfecyt *^^*

EllyMaus
374
EllyMaus 2021.12.03 13:02 
 

Abiroid Auto Fibonacci Indicator in combination with Best Heiken Ashi VQZZ System are useful instruments/tools. THANX !!!

Forexan
486
Forexan 2021.11.29 09:25 
 

good

Elusive Pimpernel
182
Elusive Pimpernel 2021.10.28 15:39 
 

Thank you, will use and update here.

Suvashish Halder
10109
Suvashish Halder 2021.10.23 08:26 
 

Good Work 🙂

Andreas Door
76
Andreas Door 2021.10.18 19:54 
 

Thank you very much. Its perfekt!

rizkyxrick
369
rizkyxrick 2021.09.15 18:26 
 

perfecto ulala

Wan Ping Fei
1690
Wan Ping Fei 2021.07.15 06:30 
 

✔✔✔

aworex
1681
aworex 2021.06.07 19:21 
 

It's sexy and well written...

12
Reply to review
Version 1.9 2023.11.15
v1.9
Added option to hide 0 and 100 levels
Added MaxPastBars - so 3LZZ won't have memory errors
Version 1.8 2023.05.23
v1.8 Fixed bug fibo not working properly when using 3LZZ points
Version 1.7 2023.04.19
v1.7 Added Zigzag option to draw Fibo from Open/Close instead of just High/Low Zigzag
Version 1.6 2022.06.26
v1.6 Separated Alerts for Fibo and Golden Zone. So now it's easier to select which alerts are needed:
Options: "Alert Golden Zone Entered" and "Alert Fibo Mark Level Crossed"
Both are true by default
Version 1.5 2022.04.14
v1.5 Added option to show/hide High-Low Ray
Added Refresh After Ticks option to specify refresh rate of Fibo
Version 1.4 2021.07.12
v1.4 Added GoldenZone Color Highlight
Version 1.3 2020.11.07
v1.3: Adding Pair name and timeframe in Alerts
Version 1.2 2020.11.04
v1.2 Added options to change Fibo color.
Version 1.1 2020.05.06
Draw Fibo in reverse if "WithRetracement" selected.
Removed Fibo "WithBoth" option as it would no longer work in drawing correct Fibo.