Fibonacci Scale


What is this indicator?

This indicator draws a customized Fibonacci retracement or expansion at any position on the chart.

To draw the object, press the hotkey and then click at any point on the chart.

Each anchor point magnets to the high or low price of the nearest bar on the chart.

How to draw

1. Press the hotkey to enter drawing mode.

2. Click any point to draw.

3. Drag and drop each anchor point to adjust if needed.

    About drawing mode

    This mode is for drawing a Fibonacci retracement or expansion.

    If the hotkey is pressed, the status label will be shown.

    Each time you press a hot key, this mode switches. (Primary -> Secondary -> Tertiary -> Escape)

    Hotkeys

    - Draw a Fibonacci retracement (default="R")

    - Draw a Fibonacci expansion (default="E")

      Tips

      - You can shift each level combination by holding down the shift key and clicking on the drawn object.

      - You can extend or restore the length of each level by holding down the alt key and clicking on the drawn object.

      - You can delete a drawn object by holding down the tab key and clicking.

      - You can escape from the drawing mode by pressing the escape key.

        Notes

        This indicator does not work in the MT5 Strategy Tester.

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          Altri dall’autore
          What is this indicator? This indicator is for comparing multiple charts and verifying the chart pattern. Synchronize each chart position with the common vertical line. By changing the chart mode, you can also display the chart like a real trade. How to set up 1. Scroll the chart of the target currency pair to the end in the past direction and download all the historical data of that currency pair. 2. Install this indicator in the main window of each chart. 3. Customize each parameter on the In
          What is this indicator? This indicator plots a customized text object as a note at any point on the chart. To plot the text object, press the hotkey and then click at any point on the chart. You can also add your favorite words and sentences to the template and plot them. How to stick a note 1. Press the hotkey to enter sticky mode. 2. Click any point to stick. 3. Edit the text of the text object plotted as a note. About sticky mode This mode is for plotting a text object as a note. If the ho
          What is this indicator? This indicator controls the visibility of graphic objects on the chart when the hotkey is pressed. If you switch on, the graphic objects will be hidden. If you switch off, the graphic objects will be shown. You can specify the object to control with object type. List of supported object types - Vertical Line - Horizontal Line - Trendline - Trendl By Angle - Cycle Lines - Arrowed Line - Equidistant Channel - Standard Deviation Channel - Linear Regression Channel - Andrew
          What is this indicator? This indicator stamps any customized number at any point on the chart. To stamp any number, press the hotkey (0–9) and then click at any point on the chart. You can also stamp a series of numbers to indicate a chart pattern. (Each number synchronizes modification) How to stamp any number 1. Press the hotkey (0–9) to enter stamping mode. 2. Click any point to stamp. How to stamp a double top/bottom pattern 1. Press the hotkey to enter stamping mode. 2. Click any points
          What is this indicator? This indicator draws a customized vertical, horizontal, or trend line at any position on the chart. To draw each line, press the hotkey and then click at any point on the chart. Each drawn line is synchronized with other charts by timeframe. (Each chart requires this indicator to be installed) How to draw a vertical or horizontal line 1. Press the hotkey to enter drawing mode. 2. Move the mouse to any point. 3. Click to draw the line. How to draw a trendline 1. Press t
          What is this indicator? This indicator synchronizes the chart position of multiple charts with hotkey, drag and drop or date input. If you synchronize with hotkeys, the common vertical line will be drawn at the chart shift position. Prameter 1: Alignment line properties -   Color: The color of the common vertical line. -   Width: The width of the common vertical line. -   Style: The style of the common vertical line. -   Draw as background: If the value is true, draw the common vertical line a
          What is this indicator? This indicator changes the height of the top and bottom padding of the chart. The padding you set does not change even if you scroll the chart. Even if you manually change the price scale of the chart, you can also restore the padding to its original height using the hotkey. Prameter 1:   Padding properties -   Enable: If the value is true, the padding setting is enabled. -   Percentage: The value of the padding height. The value is relative to the height of the chart.
          What is this indicator? This indicator always displays a gauge on the chart that is at the height of the specified value in pips. You can set the height, style and display position of the gauge. The width of the gauge is equal to the width of the candlestick on the chart. Prameter: Gauge properties -   Enable: If the value of this variable is true, the gauge will be displayed on the chart. -   Height (in pips): The height of the gauge in pips. -   Color: The color of the gauge. -   Base corner
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