Auto Fib Auto Trend
Auto Fib Auto Trend is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is Fibonacci retracement or extension levels and following the trend. Its source code uses ZigZag. It has 10 settings, for example period (default 0), Show Fib (default true) and Fib Color (default Red). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Auto Fib Auto Trend
Auto Fib Auto Trend is an indicator for MetaTrader 4 based on ZigZag. It has 10 settings, such as Period, Show fib and Fib color. MQL source code included.
Files in the download: AutoFibAutoTrend.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 0 | Period or timeframe used by the calculation |
| Show fib | true | |
| Fib color | Red | Colour on the chart |
| Fib size | 1 | |
| Show fib fan | true | |
| Fib fan color | Yellow | Colour on the chart |
| Fib fan size | 1 | |
| Show trend | true | |
| Trend color | Blue | Colour on the chart |
| Trend size | 5 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Fibonacci · Trend · ZigZag · MT4 Indicator · MQL4 Source Code