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Automatic Fibonacci MT5

Automatic Fibonacci is an indicator for automatic Fibonacci Levels drawing. It is fully customizable by user. User can also select different Fibobonacci Levels by user settings or can use multiple Automatic Fibonacci indicator in one chart.


All details can be found >>HERE<<


Instructions

  1. Move Indicator to the chart (simply drag and drop)
  2. When pop up window appears select desired settings.
  3. Confirm settings and enjoy the Automatic Fibonacci indicator.


Features

  • Any chart
  • Any time-frame
  • Custom Fibonacci levels
  • Custom colors
  • Info-panel

Parameters

General Settings

  • UniqueName - Some unique name (Important if using more Automatic Fibonacci in one chart)
  • FiboStrength - Probably the most important parameter - Determines the strength of Fibonacci levels
  • FuturePaint - Distance from current time candle to print the Fibonacci labels
  • ShowInfoPanel - Show/Hide Info panel

Fibonacci Levels Settings

  • FiboBaseLevel0Color - Color for the First Fibonacci base level
  • FiboBaseLevel1Color - Color for the Second Fibonacci base level
  • FiboLevel2Value - 1st Custom Fibonacci level value
  • FiboLevel2Color - 1st Custom Fibonacci level color
  • FiboLevel3Value - 2nd Custom Fibonacci level value
  • FiboLevel3Color - 2nd Custom Fibonacci level color
  • FiboLevel4Value - 3rd Custom Fibonacci level value
  • FiboLevel4Color - 3rd Custom Fibonacci level color
  • FiboLevel5Value - 4th Custom Fibonacci level value
  • FiboLevel5Color - 4th Custom Fibonacci level color

Panel Settings

  • PanelBackgroundColor - Panel background color
  • PanelHeaderColor - Panel header color
  • DefaultFontColor - Default font color
  • HeaderFontColor - Header font color

Other Settings

  • UseLegacyStrategy: Enable/disable old legacy strategy algorithm
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Version 2.0 2020.06.09
- Code efficiency updates
- Re-built for last Metatrader 5 version
Version 1.9 2020.04.26
- Code efficiency updates
- Panel update
Version 1.8 2020.04.09
- New Automatic Fibonacci levels algorithm
- Keep of legacy algorithm
- Fixed Panel repaint when using more instances and swtiching timeframes
Version 1.6 2020.02.25
- New Info Panel
- Optimization changes
Version 1.5 2020.01.12
- Code efficiency updates
- Fixed empty label name during panel creation
Version 1.3 2019.03.18
- Fixed Array Out of range during switching between timeframes