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Fibo Levels Custom

Description 

Fibo Levels Custom is a color multicurrency/multi-symbol indicator that automatically plots Fibonacci levels on the Market Mood Oscillator 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_Period - indicator calculation period.
  3. Fibo_Bars_Number - number of bars for calculation of Fibonacci levels (recommended value is 240).
  4. Show_Time - permission to display the time remaining until the completion of the current bar.
  5. Show_Percen - permission to display the current Fibonacci retracement.
  6. Fibo_Bulls - color of Fibonacci levels in the bullish environment.
  7. Fibo_Bears - color of Fibonacci levels in the bearish environment.
  8. Fibo_Style - color of the auxiliary line.
  9. Time_Info - color of the displayed information.
  10. 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.

If number of bars in history of chosen symbol is less than or equal to Ind_Period the indicator will be inactive. Please update the history!   

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

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The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
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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
5 (27)
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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Versión 1.24 2020.03.26
Updating
Versión 1.23 2014.09.09
Changed the way the lines are colored.