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Free automatic fibonacci

4.6

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 different settings and colors. The settings are explained below:

  • BarsToScan - Set number of bars for the indicator to check for values
  • Level_1 - First level of the Fibonacci
  • Level_2 - Second level of the Fibonacci
  • Level_3 - Third level of the Fibonacci
  • Level_4 - Fourth level of the Fibonacci
  • Level_5 - Fifth level of the Fibonacci
  • Level_6 - Sixth level of the Fibonacci
  • LevelsColor - Setting to customize the color of the Fibonacci levels
  • FiboName - Setting for the name of the Fibonacci. If you attach several times on the same chart then each Fibonacci should have a different name.
This indicator can be used by all traders both armatures and professional traders as it does not require any expert knowledge to get it working. Simply attach it and it will scan the chart based on your preferences then it will plot a Fibonacci at the most suitable places.
    Comentarios 20
    Leroy Pastran
    235
    Leroy Pastran 2023.06.03 23:24 
     

    Simple and beautiful! Utilizing the capability to choose the amount of bars to scan is game changing for me. Thank you for creating and sharing a powerful tool.

    offshorex7
    201
    offshorex7 2023.03.05 07:06 
     

    thank you for your help

    hugrusi
    54
    hugrusi 2023.01.17 00:26 
     

    Muy práctico y útil

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    Filtro:
    Leroy Pastran
    235
    Leroy Pastran 2023.06.03 23:24 
     

    Simple and beautiful! Utilizing the capability to choose the amount of bars to scan is game changing for me. Thank you for creating and sharing a powerful tool.

    Tonny Obare
    178861
    Respuesta del desarrollador Tonny Obare 2023.06.04 14:10
    Thank you for the positive feedback.
    offshorex7
    201
    offshorex7 2023.03.05 07:06 
     

    thank you for your help

    Alexandre Haag Garcia
    221
    Alexandre Haag Garcia 2023.03.01 09:29 
     

    Practical.

    hugrusi
    54
    hugrusi 2023.01.17 00:26 
     

    Muy práctico y útil

    Liza Parambita
    70
    Liza Parambita 2022.08.06 03:17 
     

    Very accurate indicator that it helps me a lot with my trading.

    Jouwill
    39
    Jouwill 2022.08.01 16:24 
     

    Excellent indicator!

    HLong P
    679
    HLong P 2022.05.25 09:20 
     

    awesome indic....saved me lots of work when switching to different pairs and TF. Many thanks for the free indic!

    Mihai Paul
    28
    Mihai Paul 2022.03.28 11:16 
     

    Very good!

    Lupacchiotta
    160
    Lupacchiotta 2022.03.15 09:50 
     

    Utile

    Viktor Pashko
    58
    Viktor Pashko 2022.02.16 21:29 
     

    Вполне адекватный индикатор учитывая то что он бесплатный.Простой и удобный.

    Shahzad Dariush
    61
    Shahzad Dariush 2021.11.09 23:37 
     

    Great Job

    259780
    14
    259780 2021.09.13 15:01 
     

    Estou tentando a entender o melhor momento de entrada mais Pace ser bem assertivo.

    Edson Anciliero
    32
    Edson Anciliero 2021.07.27 20:38 
     

    Muito bom!

    sei-bert
    304
    sei-bert 2021.07.01 20:31 
     

    👌👌👌👌

    thatsben
    93
    thatsben 2021.06.30 05:43 
     

    Great indicator. Thanks a lot!!!

    rtiwari6018
    524
    rtiwari6018 2021.06.25 12:31 
     

    😘

    ANYAGU
    34
    ANYAGU 2021.06.22 08:29 
     

    This is a good one and leads to profitable trading

    Satish Kumar Saini
    283
    Satish Kumar Saini 2021.06.21 10:01 
     

    It not working on my platform . It shows few levels 0.786,0.886,1.272 , 1.414, 2.618. ,4.236, 3.236 levels missing .

    gevans49
    263
    gevans49 2021.06.14 17:34 
     

    Awesome!

    Yakov Zaytsev
    57
    Yakov Zaytsev 2021.05.28 21:33 
     

    easy to use. thanks

    Respuesta al comentario
    Versión 1.20 2021.06.22
    Minor edits.
    Versión 1.10 2020.04.04
    Code updated to the new mql4.