Color Fibo Pro

Professional Fibonacci tool for MT5 featuring true opacity background zones, smart color gradients, and custom ATAS-style price labels.

Detailed Description: Are you tired of the default, rigid Fibonacci tool in MT5 that clutters your charts and hides price action? Color Fibo Pro completely upgrades your charting experience by bringing the modern, clean, and highly customizable visual style of premium order flow platforms (like TradingView or ATAS) directly to your MetaTrader 5.

Designed by a professional trader for precise technical analysis, this tool automatically detects your drawn Fibonacci levels and applies smart background zones with true transparency, ensuring your candlesticks and wicks remain 100% visible at all times.

🔥 Key Features:

• True Opacity Background Zones: Say goodbye to solid, eye-straining colors. The indicator seamlessly blends your chosen zone colors with your chart's background. Opacity is fully adjustable (0 to 100%).

• Smart Color Gradients: Pre-configured with a logical color mapping based on institutional trading zones (Take Profits in cool colors, Equilibrium, Golden Pocket / OTE in warm colors, and Invalidation / Stop Loss in danger colors).

• Custom Text Labels: Name your levels exactly how you trade them. Simply type "TP 1", "Golden Zone", or "Structural SL" in the native MT5 Fibonacci description field, and the indicator will automatically display your custom text.

• Price Tag Toggle: Keep your charts ultra-clean. Choose to show or hide the exact price level next to your custom labels with a single click.

• Zero Chart Lag: Optimized MQL5 code that only updates when you draw, move, or modify the Fibonacci tool. No endless loops, zero impact on your terminal's performance.

⚙️ Easy Configuration (Inputs):

• Cloud Opacity (%): Adjust how transparent you want the Fibonacci zones to be (Default: 18%).

• Show Level Lines: Toggle the solid lines separating each zone.

• Line Width: Adjust the thickness of the level lines.

• Show Price on Label: Turn the exact price numbers on or off next to your custom text.

• Custom Colors: 10 fully customizable color inputs mapped dynamically to your TPs, Golden Zone, and Stop Loss areas.

How to use custom names? Simply draw a standard MT5 Fibonacci Retracement, double-click it, go to Properties > Levels, and type your desired name in the "Description" column. Color Fibo Pro will do the rest!