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Fibo Levels Global

Description 

Fibo Levels is a color multicurrency/multi-symbol indicator that automatically plots Fibonacci levels on any of the following six standard indicators (AD, OBV, MA, Momentum, ATR and StdDev) in a separate window below the chart of the main financial instrument.

It can be used with any broker, regardless of the name of a financial instrument used because the symbol name must be entered manually as an input parameter. If you enter a non-existent or invalid name of a financial instrument, you will receive an error message saying that the specified financial instrument is unknown (does not exist). 

Rising and falling lines of the indicators can be colored.

The indicator calculates and plots Fibonacci levels over a certain interval of user-specified bars.

The user can display Fibonacci levels of the bullish and bearish trends in different colors.

Furthermore, the indicator can be set to display the time remaining until the completion of the current bar in <d:h:m:s format, as well as Fibonacci retracements, where:

  • < - an indication of the current bar.
  • d - days.
  • h - hours.
  • m - minutes.
  • s - seconds. 

 

Purpose

The indicator can serve as a tool for visualization of market trend prediction with a high degree of probability.

Any calculated indicator can be used for manual or automated trading as part of an Expert Advisor. For automated trading, use the indicator buffer of double type: 

  1. Main line of the indicator - buffer 4.
  2. Rising line of the indicator - buffer 0, must not be equal to EMPTY_VALUE.
  3. Falling line of the indicator - buffer 1, must not be equal to EMPTY_VALUE.
  4. Fibonacci retracement of the bullish trend - buffer 2, must not be equal to -1.
  5. Fibonacci retracement of the bearish trend - buffer 3, must not be equal to -1.


Input Parameters

  1. Currency_Name - name of the financial instrument.
  2. Ind_Number - number of the calculated indicator.
    • AD (by default).
    • OBV.
    • ATR.
    • Momentum.
    • Moving Average.
    • StdDev.
  3. Ind_Period - indicator calculation period.
  4. MA_Method - method of averaging.
  5. Applied_Price - price used.
  6. Shift - shift of the basic indicator relative to the price chart.
  7. Fibo_Bars_Number - number of bars for calculation of Fibonacci levels (recommended value is 240).
  8. Show_Time - permission to display the time remaining until the completion of the current bar.
  9. Show_Percen - permission to display the current Fibonacci retracement.
  10. Fibo_Bulls - color of Fibonacci levels in the bullish environment.
  11. Fibo_Bears - color of Fibonacci levels in the bearish environment.
  12. Fibo_Style - color of the auxiliary line.
  13. Time_Info - color of the displayed information.
  14. Value_Line_Color - line color of the current indicator value.


Recommendations

Before using the indicator, please update historical data of financial instruments for all the required time frames.

It is further advisable to use the indicator as shown in the screenshots below.

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BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
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Eric Emmrich
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The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
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Hispraise Chinedum Abraham
5 (2)
Este Ultimate Sniper Dashboard personalizado es una actualización EA del indicador Ultimate Sniper Dashboard original. Funciona con hasta 98 algoritmos diferentes para asegurar que captura la verdadera naturaleza de una tendencia en una clase de activos con los que trabaje. Es una respuesta directa a muchas de las sugerencias y consejos que recibimos de la mayoría de nuestros clientes durante varios meses.   Esta versión personalizada es totalmente personalizable. Desarrollado por 98 algorit
MT4 to Discord
Trinh Dat
4.29 (7)
The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
El MT4 to Discord Signal Provider es una herramienta fácil de usar y completamente personalizable diseñada para enviar señales de trading directamente a Discord. Esta herramienta transforma tu cuenta de trading en un proveedor de señales eficiente. ¡Personaliza los formatos de los mensajes para adaptarlos a tu estilo! Para facilitar su uso, selecciona entre plantillas pre-diseñadas y elige qué elementos del mensaje incluir o excluir. [ Demo ] [ Manual ] [ Versión MT5 ] [ Versión Telegram ] Con
OrderManager MT4
Lukas Roth
4.63 (19)
Presentamos el OrderManager : Una herramienta revolucionaria para MT4 Gestiona tus operaciones como un profesional con la nueva utilidad Order Manager para MetaTrader 4. Diseñado con la simplicidad y la facilidad de uso en mente, Order Manager te permite definir y visualizar fácilmente el riesgo asociado con cada operación, permitiéndote tomar decisiones informadas y optimizar tu estrategia de trading. Para más información sobre OrderManager, por favor consulta el manual. [ Manual ] [ Versión MT
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Description A universal colored indicator MACD Histo. The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow
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Description A colored universal indicator/oscillator based on crossing moving averages. The rising and falling lines of the indicator histogram can be colored. The combined use of the line and the histogram increases the level of the analysis when making a decision to open or close deals. The indicator can be calculated as the standard Price Oscillator or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an i
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Description A colored multicurrency/multisymbol oscillator of the market mood. The oscillator is designed for detecting the continuation or change of the market mood prior to its occurrence. An excellent example is the screenshots that show all the features of the oscillator. The oscillator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a fin
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Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial ins
Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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Versión 1.23 2020.03.26
Updating
Versión 1.21 2014.09.09
Changed the way the lines are colored.