Auto Fibonacci Retracement V2 4
From the Old Kings archive: Auto Fibonacci Retracement V2 4, an indicator for MetaTrader 4. As the name suggests, the idea behind it is Fibonacci retracement or extension levels. The file name marks it as version 2.4. It has 5 settings, for example fibo Color (default Yellow), fibo Width (default 0) and fibo Style (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 · v2 · Free
About Auto Fibonacci Retracement V2 4
Auto Fibonacci Retracement V2 4 is an indicator for MetaTrader 4. It has 5 settings, such as Fibo color, Fibo width and Fibo style. MQL source code included.
Files in the download: Auto Fibonacci Retracement-V2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fibo color | Yellow | Colour on the chart |
| Fibo width | 0 | |
| Fibo style | 0 | |
| Unretraced zone color | Green | Colour on the chart |
| Show unretraced zone | true |
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 · MT4 Indicator · MQL4 Source Code