Auto Fibo Trend Signal
- Indicatori
- Taikai Gen
- Versione: 1.0
Auto Fibo Trend Signal is an indicator designed to automatically draw important trend lines and Fibonacci retracements on your chart, while providing signals for potential entry points.
It is designed to help traders of all levels, from beginners to advanced, save time in chart analysis and assist in building trading strategies.
Important Notice
This indicator is intended to be used as a supplementary tool for your trading decisions. It does not guarantee a 100 percent win rate. Please do not follow the signals blindly and use the tool in combination with your own market analysis and other technical indicators.
Key Features
Automatic trend line drawing
Automatic Fibonacci retracement plotting
Calculation and display of Entry, Stop Loss (SL), and Take Profit (TP) lines
Visualization of past signal results and performance
Statistics panel showing win rates and total signal counts
Basic Usage for Beginners
You can start using the indicator immediately after attaching it to a chart with the default settings. You can easily toggle various display elements from the Basic Settings (For Beginners) section in the parameters.
Master Switch: Enable Signals
This toggles the entire signal system. When turned off, the indicator functions as a clean analysis tool showing only trend lines and Fibonacci levels.
Show Active Trade Lines
Displays the entry, stop loss, and take profit lines for current active trades.
Show Past History
Shows the results of previous signals including arrows, text, and history lines. Turn this off if you prefer a cleaner chart.
Show Auto Trend Line / Show Auto Fibonacci
These settings allow you to independently enable or disable the automatic drawing of trend lines and Fibonacci levels.
Risk Management and Alerts
In the Risk and Trade Management section, you can adjust the Risk Reward Ratio and the SL buffer (ATR Multiplier) to match your personal trading style.
In the Alerts section, you can configure the indicator to notify you via popup alerts, push notifications, or email when a new signal occurs. This allows you to stay informed without needing to watch the screen constantly.
Advanced Logic Settings
While beginners can use the default settings, advanced users can fine-tune the signal logic. This includes adjusting the wave detection period, Fibonacci zones, and candle pattern criteria such as engulfing or pin bar definitions.
Advanced Indicator Filters
You can enable or disable additional filters based on EMA, RSI, ADX, and MACD to further refine the accuracy of the signals according to your requirements.
Product Support
If you have any questions or require assistance, please contact us directly via the product comment section or the mQL5 messaging system.
