Auto Fibonacci Retracement V2 7
This Old Kings indicator for MetaTrader 4 is called Auto Fibonacci Retracement V2 7. As the name suggests, the idea behind it is Fibonacci retracement or extension levels. The file name marks it as version 2.7. It has 5 settings, for example fibo Color (default Yellow), fibo Width (default 0) and fibo Style (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 7
Auto Fibonacci Retracement V2 7 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