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Daily Fibo

This Old Kings indicator for MetaTrader 4 is called Daily Fibo. Judging by its name, it is built around Fibonacci retracement or extension levels. It can send alerts and can read another timeframe. It has 11 settings, for example Color Note (default --- Fibonacci colors ---), Upper Fibo Color (default DimGray) and Main Fibo Color (default DimGray). 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 · v1.0 · Free

About Daily Fibo

Daily Fibo is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 11 settings, such as Color note, Upper fibo color and Main fibo color. MQL source code included.

Files in the download: Daily Fibo.mq4.

Settings

SettingDefaultWhat it does
Color note--- Fibonacci colors ---Colour on the chart
Upper fibo colorDimGrayColour on the chart
Main fibo colorDimGrayColour on the chart
Lower fibo colorDimGrayColour on the chart
Time frame note--- Timeframe for the high and low ---Period or timeframe used by the calculation
Time frame not2{1=M1, 5=M5, 15=M15, ..., 1440=D1, 10080Period or timeframe used by the calculation
Time framePERIOD_D1Period or timeframe used by the calculation
Open time note2--- Open hour for daily timeframe ---
Open time0
Time zone note{0=ServerTime, 1=GMT, 2=LocalTime}
Time zone0

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Fibonacci · Alerts · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria