Going west going east trying to read the Fibonacci lines values or to find an Auto Fibonacci indicator in the MetaTrader! No Avail!
One of my clients asked my for an Expert Advisor that uses the Fibonacci lines and automatically find the Higher High and Lower Low between 2 bars (Start bar to Current Bar).
There’s a lot of Fibonacci indicators out there but I decided to make my own indicator for you,
Hope you Enjoy it!
MT5 Indicator – Download Instructions
Auto Fibonacci Indicator (Auto Fibos) is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
Auto Fibonacci Indicator (Auto Fibos) provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Auto Fibonacci Indicator (Auto Fibos).mq5?
- Download Auto Fibonacci Indicator (Auto Fibos).mq5
- Copy Auto Fibonacci Indicator (Auto Fibos).mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on Auto Fibonacci Indicator (Auto Fibos).mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Auto Fibonacci Indicator (Auto Fibos).mq5 is available on your Chart
How to remove Auto Fibonacci Indicator (Auto Fibos).mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: