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Fibonacci Calculation Indicator

FREE

Author debarred from selling products

Published: 1 September 2022

Current version: 2.0

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Overview
Reviews (3)
Comments (3)

Fibonacci Calculation Indicator

Name: Fibonacci Calculation Indicator
Rating: 4 (3 reviews)
Author: Richard Louis Pastor

Indicators
Richard Louis Pastor
Richard Louis Pastor
China

13452
4.4 (78)
i started trading in mid 2019, i was first introduced to manual strategy and trading styles using indicators and watching the Time frames and the periods shifts. i soon fell inlove with wanting to trade with an EA but i found that either most EA on the market was designed around strategies that i

24 products 3 topics 13 comments
Version: 2.0

Basic Fibonacci Calculation Indicator
shows Trend, Stoploss, Profit 1,2,3,

will show you your daily Highs and your Daily Lows , it will also show you where it expects the price to move to.

best time frame is H1 or higher .

For a better system that also includes my Non-repaint Indicator please check out my paid Fibo Indicator

https://www.mql5.com/en/market/product/82323

more...

Screenshot #1 Fibonacci Calculation Indicator

104

51323997 2023.09.10 10:18 #

Very helpful

132

kufre peters 2023.03.15 05:39 #

best indicator, good work, I really appreciate You and your effort. thankyou

The indicator analyzes the specified number of candles and plots Fibonacci levels based on the high-low. Since the levels are rearranging, we are interested in the right side of the range. The price magnetizes the levels and reacts to the touch. Use this tool to find a trend entry point after a correction. If on the left we see that the levels have risen perfectly, then we can assume that we have found the end of the movement at the extreme point. All lines are drawn through buffers or objects (

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Auto Fibonacci Retracement Indicator — Flexible and Reliable This is not just another Auto Fibonacci Retracement indicator — it’s one of the most flexible and dependable tools available . If you find it useful, please leave a review or comment to support the project. Check out my other helpful tools below: Telegram to MT4 using AI - AI-Powered Signal Copier Bot Timeframes Trend Scanner - Scan the trend of assets in difference timeframes with multiple indicators Market Trend Scanner - Scan

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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 differe

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Now free. The key Fibonacci pivot levels, drawn for you automatically every day, on any timeframe. Automatic Fibonacci Pivots calculates the daily support and resistance from the Fibonacci sequence and plots them clean on your chart: the daily pivot, S1/S2/S3 below and R1/R2/R3 above. These are the price zones where the market tends to react, bounce or break, and now you see them without drawing a single line. What it does: - Daily Fibonacci pivot levels (pivot, S1/S2/S3, R1/R2/R3), updated

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pivot points using by many traders and pivot levels most of the times are very helpfull . this indicator is a custom with internal parameters. it can show two times pivot (weekly and daily). you can choose periods total for each time showing pivots.( 1 week , 2 week ,...1day , 2day ,...) when use weekly and daily pivots , it can show you many support and resistance zones. if have proposal comment too me for upgrading indicator.

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Filter:

104

51323997 2023.09.10 10:18 #

Very helpful

132

kufre peters 2023.03.15 05:39 #

best indicator, good work, I really appreciate You and your effort. thankyou

13452

Reply from developer Richard Louis Pastor 2023.03.15 07:11 #

If you like this one you should check out the paid version of Fibonacci indicator I have https://www.mql5.com/en/market/product/82323

1746

faithdefender 2022.12.29 00:37 #

I like what potential it has, but before I can entertain buying the paid indicator I sure would like to understand how this works. Very lost using it. USDCAD 15m didnt work out

13452

Reply from developer Richard Louis Pastor 2022.12.29 01:03 #

You should understand how to use Fibonacci system to understand how to use this indicator