Market / MetaTrader 4 / Indicators /

Auto Fibo Retracement MT4

FREE

Published: 10 March 2023

Current version: 1.1

Auto Fibo Retracement MT4

3.75

Indicators
Nguyen Tuan Son
Nguyen Tuan Son
Developer at Signal Copier Bot

Viet Nam

21167
4.6 (23)
- https://signalcopierbot.com
Trader, developer & daydreamer!

15 products 10 comments
Version: 1.1
Updated: 23 March 2023

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 the trend of multiple-assets in with multiple indicators
Currency Strength Meter - Calculate relative currencies strength

Features

Automatically calculates up to 7 Fibonacci levels on your customized timeframe.
Fully adjustable levels to fit your trading preferences.
Choose between High/Low prices or Open/Close prices for calculation.
Option to freeze levels, preventing recalculation as the chart moves.
Keep the starting point fixed while dynamically recalculating the ending point.
Automatic recalculation within a fixed frame for consistent analysis.
Extend Fibonacci lines to the left and/or right for better chart visibility.
Position Fibonacci level information (level and value) to the right or left of the lines.
Show or hide level price values.
Customize line color and thickness for easy visualization.

Settings

Frame: Number of candles to look back for Fibonacci calculations.
UseOpenClosePrice: Set to True to use Open/Close prices instead of High/Low, reducing noisy signals. Note: This may cause recalculations, which is intentional.
FreezeMode: Set to True to freeze Fibonacci levels after initialization, preventing recalculation when the chart moves.
KeepStartingPoint: Set to True to lock the starting point of the frame. The starting point updates only if the main trend reverses.
Level1 to Level7: Set values for up to 7 Fibonacci levels; enter a number less than 0 to hide a level.
ExtendLeft / ExtendRight: Draw Fibonacci lines to the far left and/or right edges of the chart.
ShowLevelPrice: Toggle the display of prices next to levels.
InfoOnLeft: Position level info on the left side.
LineColor: Choose the color for the Fibonacci lines.
LineWidth: Set the thickness of the level lines.

Note: Due to MQL4 limitations, this MT4 version cannot customize styles for each individual Fibonacci level like the MT5 version can.

How to Use

Simply attach the indicator to your chart by clicking its name. Adjust the settings as needed — all options are explained above.

What You’ll See on the Chart

A dashed line indicating the main trend direction: green for bullish, red for bearish.
Up to 7 horizontal Fibonacci level lines, each labeled with the level and its price.

If you need further assistance, please don’t hesitate to leave a comment!

more...

david cruz 2025.07.08 22:34 #

Excelente herramienta

209

Alfon45 2024.08.25 16:25 #

Good work !!

yuriy224 2026.02.21 10:50 #

Строит фибо не там где я хочу, а там, где он хочет, не понравился.

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What is Telegram to MT4 using AI? Telegram to MT4 using AI is a Signal Copier that automatically receives trading signals from Telegram groups and channels, then executes them instantly on your MT4 trading account. This fully self-hosted solution uses AI to understand trading signals. Our solution is the ideal choice if you're looking for: A fully self-hosted solution that gives you complete control over your data, privacy, and automation—with no monthly subscription. AI-powered signal parsing t

99 USD

Easy Toolbar is a user-friendly toolkit that provides fundamental tools and utilities which can helps you analyze market , get notifications and calculate trade factors faster, more accurate and much easier. Easy Toolbar is born with the mission to make analysis tools of MT5 really work & provide more useful utilities . If you are not fully depend on EAs and do your own work to analyze market, this tool is for you! Main features New way to use market analysis tools Introduce new important object

79 USD

Ruler is important but just a simple tool. Why people make it too complex? Easy Ruler makes it great again. Almost zero setup required, nothing annoying on chart, quick and accurate. Easy Ruler MT5 just help you measure 2 points on chart quickly and accurate. That's all! To support you better, it has magnet mode to pick points more accurate and works on indicator windows too (38 indicators that provided by MT5 by default). This smart ruler provides these information right on chart in no time t

30 USD

79 USD

39 USD

Create custom alerts and advanced alerts based on price and indicator data, setup dynamic alert messages, and send these MT5 alerts to Telegram, Discord, webhooks, mobile, and more. Stay in control of your trades with Smart Alert Manager , a powerful utility for MT5 that lets you create fully customizable alerts. Whether you’re tracking price action or monitoring indicator signals, this tool ensures you never miss an opportunity. It’s easy to set up, flexible to customize, and sending alerts acr

79 USD

What is Telegram to MT5 using AI? Telegram to MT5 using AI is a Signal Copier that automatically receives trading signals from Telegram groups and channels, then executes them instantly on your MT5 trading account. This fully self-hosted solution uses AI to understand trading signals. Our solution is the ideal choice if you're looking for: A fully self-hosted solution that gives you complete control over your data, privacy, and automation—with no monthly subscription. AI-powered signal parsing t

99 USD

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yuriy224 2026.02.21 10:50 #

Строит фибо не там где я хочу, а там, где он хочет, не понравился.

david cruz 2025.07.08 22:34 #

Excelente herramienta

209

Alfon45 2024.08.25 16:25 #

Good work !!

456

Hector Manuel 2024.04.08 23:40 #

Cuando se coloca 2000 barras atrás para analizar, el indicador no muestras las barras reales, sino muestra menos barras.

prayadc chotipat 2024.03.26 10:22 #

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Auto Fibo Retracement MT4

Nguyen Tuan Son

Features

Settings

How to Use

What You’ll See on the Chart