Drag Fib
- 지표
- Part-time Day Trader
- 버전: 1.0
- 활성화: 15
Place Fibonacci retracement levels with the speed and precision of an automatic Fib tool, while keeping full control over which trend leg is used.
Drag Fib lets traders place Fibonacci retracements on a chosen trend leg in seconds.
Simply drag a vertical line onto the trend leg, and the retracement is placed automatically. As the trend extends, the Fibonacci levels adjust with it.
Who this tool is for:
- Traders who frequently use Fibonacci retracement levels as part of their strategy
- Traders who want a faster and easier alternative to MetaTrader’s built-in Fibonacci tool
- Traders who want manual control without the drawbacks of fully automatic Fibonacci tools
Key benefits
- Places correctly aligned Fibonacci retracement levels in seconds
- Updates automatically as the trend extends
- Keeps levels locked when changing timeframes, avoiding repainting on a different trend
Main features
- Instant Fibonacci drawing while dragging the drag line
- 7 individually customizable levels, including ratio, color, width, and style
- Quick set/reset button to restore the drag line
How to use
1. Attach the tool to the chart.
2. Click the Fib button to show the vertical line, then drag it onto the trend leg.
3. Drop the line when the Fibonacci levels are aligned with the chosen trend.
4. As the trend extends, the retracement updates automatically.
5. Use the Fib button to get the drag line back if out of view.
Notes and Limitations
