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What are Fibonacci Numbers and Lines?

Fibonacci numbers are used to create technical indicators using a mathematical sequence developed by the Italian mathematician, commonly referred to as "Fibonacci," in the 13th century. The sequence of numbers, starting with zero and one, is created by adding the previous two numbers. For example, the early part of the sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89,144, 233, 377, and so on.


The Fibonacci sequence is significant because of the so-called golden ratio of 1.618, or its inverse 0.618. In the Fibonacci sequence, any given number is approximately 1.618 times the preceding number, ignoring the first few numbers. Each number is also 0.618 of the number to the right of it, again ignoring the first few numbers in the sequence. The golden ratio is ubiquitous in nature where it describes everything from the number of veins in a leaf to the magnetic resonance of spins in cobalt niobate crystals.
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TREND LINES PRO     Cet indicateur permet de comprendre les véritables changements de direction du marché. Il révèle les renversements de tendance et les points de retour des principaux acteurs. Tu vois     Lignes BOS     Détection des changements de tendance et des niveaux clés sur des unités de temps supérieures, sans paramètres complexes ni interférences inutiles. Les signaux restent affichés sur le graphique même après la fermeture de la bougie. VERSION MT 5    -     Révèle son potentiel max
Volume Break Oscillator est un indicateur qui fait correspondre le mouvement des prix aux tendances des volumes sous la forme d'un oscillateur. Je souhaitais intégrer l'analyse des volumes dans mes stratégies mais j'ai toujours été déçu par la plupart des indicateurs de volume, tels que l'OBV, le Money Flow Index, l'A/D mais aussi le Volume Weighted Macd et bien d'autres. J'ai donc écrit cet indicateur pour moi-même, je suis satisfait de son utilité, et j'ai donc décidé de le publier sur le ma
TrendDecoder Premium
Christophe Pa Trouillas
5 (8)
Identifiez les ranges et les prochaines tendances fortes   |  Obtenez les premiers signaux et la force des tendances   |  Obtenez des TP clairs et RR favorable   |  Repérer les niveaux Fibo que le prix va tester Indicateur qui ne retrace pas, non retardé - idéal pour le trading manuel et automatisé - adapté à tous les actifs et à toutes les unités de temps Après l'achat, veuillez me contacter pour obtenir votre TrendDECODER_Scanner GRATUIT . Version   MT5   :   cliquez ici Obtenez notre méthode
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FoxWave EdgeSnap — Multi-Timeframe Reversal Scanner with Quality Filter FoxWave EdgeSnap by Fox Wave watches your symbol across every timeframe simultaneously and flags the exact moment price breaks outside its dynamic volatility envelope and snaps back inside — a well-known mean-reversion pattern — then runs each signal through a quality filter before it ever reaches your eyes, so you're not chasing every minor wobble. Key features: Multi-timeframe scan (M1 through MN1, fully toggle-able) — one
If you need more information than a few numbers in the iExposure index, this indicator is for you. Better iExposure indicator is an improvement over the original information, such as: Separate profit column for BUY and SELL Separate SL column for BUY and SELL Separate TP column for BUY and SEL Average Price as Horizontal Line in Chart Pip Value Profit https://www.facebook.com/groups/prop4y iExposure will show the opening of trading positions in tabular form in the sub-window below the main wi
Cool iExposure
Zbynek Liska
5 (1)
If you need more information than a few numbers in the iExposure index, this indicator is for you. Better iExposure indicator is an improvement over the original information, such as: Separate profit column for BUY and SELL Separate SL column for BUY and SELL Separate TP column for BUY and SEL Average Price as Horizontal Line in Chart Pip Value www.foxwave.eu
Fox Wave Pattern Scanner  SHORT DESCRIPTION  Multi-timeframe candlestick pattern scanner: 24 patterns across M5-D1, live dashboard, on-chart markers, one-click TF toggles, alerts. FULL DESCRIPTION Fox Wave Pattern Scanner continuously reads your chart's symbol across six timeframes at once and reports every candlestick pattern it finds in a clean dark dashboard — so you never have to manually flip through timeframes looking for a setup again. Instead of scrolling between M5, M15, M30, H1, H4 and
Basic tool Showing annual candle, range for Day, range for Week, range for Month, range for Year. Showing fibonacci for Day fibonacci for Week, fibonacci for Month, fibonacci for Year. Showing percent change for Day, percent change for Week, percent change for Month, percent change for Year. Showing distance of the current value the previous close for Day, Week, Month, Year.
This is a simple and very effective utility for closing in profir or in loss. Constant overview of daily Draw Down, Current profit and Daily profit This utility will save your deposit in case of a sharp market change. Just add it to any free chart and use it for your daily trading. Thanks to the minimal set of parameters, you can easily set up the utility for any symbol in MT4
oxWave EdgeSnap — Multi-Timeframe Reversal Scanner with Quality Filter FoxWave EdgeSnap by Fox Wave watches your symbol across every timeframe simultaneously and flags the exact moment price breaks outside its dynamic volatility envelope and snaps back inside — a well-known mean-reversion pattern — then runs each signal through a quality filter before it ever reaches your eyes, so you're not chasing every minor wobble. Key features: Multi-timeframe scan (M1 through MN1, fully toggle-able) — one
FOX WAVE — EDGESNAP EA Catch the reversal before everyone else. FOX WAVE – EdgeSnap EA is a fully automated multi-symbol Expert Advisor that continuously scans your entire trading universe for high-quality reversal opportunities. Instead of monitoring dozens of charts, EdgeSnap does the work for you. It ranks every valid setup, calculates the correct position size from your predefined account risk, manages trades automatically from entry to exit, and displays everything on a real-time dashboard
Easy EA for closing positions with profit or loss. All positions of chart's symbol are counted separately. Settings: TPforSymbol — set profit amount to indicate when to close every positions for the symbol of the chart. Swap and commission are decreasing your profit. SLforSymbol — set SL amount to indicate SL for every positions for the symbol of the chart. Swap and commission are increasing your loss. SLforSyblol is always below/equal zero.
This multi-currency annual dashboard analyzes the nearest high and low to the current price for a chosen number of recent years. It displays how many pips away the price is from the nearest high or low. You can set a pip threshold, and the alert will notify you when the price gets close to the specified levels. In real-time, the dashboard also provides an overview of the closest high or low values for each specific year, helping you make informed trading decisions.
Key level analysis : The indicator tracks the nearest annual high and low to the current price over a chosen number of years. Proximity alerts : It triggers an alert when the price reaches a specified number of pips from the nearest high or low. Customizable notification intervals : You can set how often alerts repeat, for example, every 30 minutes. Historical perspective : Enables long-term tracking of market levels and effective planning of trading strategies. Multi-currency support : This ind
iExposure Fox Wave – Comprehensive Position Monitoring Indicator iExposure Fox Wave is an advanced MetaTrader indicator designed to provide detailed monitoring of all open trading positions in a clear, tabular format. This tool is perfect for traders who want all essential trade information in one place. Key Features: Symbol: Displays the instruments (currency pairs or other symbols) with open positions. Deals: Number of open trades (transactions) for each symbol. Buy lots & Buy price: Total vol
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Short Description Fox Wave Account Nexus is a professional dashboard for real-time monitoring of multiple MetaTrader 5 accounts across different terminals from a single chart. Full Description  Fox Wave Account Nexus Professional Multi-Account Monitoring Dashboard for MetaTrader 5 Fox Wave Account Nexus is a powerful visual dashboard designed for traders who operate multiple MT5 accounts simultaneously and need instant, centralized control . The indicator collects live data from all con
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TREND SCANNER PRO - Multi-Timeframe Trend Analysis Dashboard Professional real-time trend scanner that monitors up to 15 currency pairs across 8 timeframes simultaneously. Get instant market overview with epic visual dashboard, smart alerts, and zero lag performance. KEY FEATURES
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Calculate the exact entry price or lot size needed to reach your target average — directly on the chart. Full description A lightweight MT5 indicator that solves a common trading problem: if I add to my position at market price, what volume do I need to reach my target average? Or the reverse: if I want to add a fixed lot size, at what price must I enter? The panel reads your open positions automatically, displays the current average entry price with a dashed line on the chart, and lets you s
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Edge Snap
Zbynek Liska
One purchase. Two professional trading tools. Buy EdgeSnap EA today and receive this Edge Snap Indicator  as a complimentary bonus. Simply contact me on MQL5 after your purchase, and I'll send it to you personally. FOX WAVE — EDGESNAP EA A fully automated multi-symbol trading robot that scans your entire Market Watch for price-reversal setups, sizes every trade from account risk with built-in margin and volume safety caps, manages partial profit-taking and trailing on its own, and shows you e
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DYNAMIC TARGET AND SL MATRIX REAL-TIME FOREX DISTANCE ENGINE Stop guessing your SL and TP distance. Start measuring it. Dynamic Target and SL Matrix is a professional Forex analytical tool designed to calculate and display a dynamic distance framework for SL and TP planning directly from live market conditions. The engine continuously analyzes the current BID and converts the market state into a dynamic pip-distance reference, which is then expanded through a configurable multiplier matr
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