FIBO.mq4
This Old Kings indicator for MetaTrader 4 is called FIBO.mq4. Judging by its name, it is built around Fibonacci retracement or extension levels. It has 3 settings, for example n Left (default 50), n Right (default 50) and filter (default 10). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: supporting files for this tool (templates, settings or notes). 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 FIBO.mq4
FIBO.mq4 is an indicator for MetaTrader 4. It has 3 settings, such as N left, N right and Filter.
Files in the download: FIBO.mq4.mqh.
Settings
| Setting | Default | What it does |
|---|---|---|
| N left | 50 | |
| N right | 50 | |
| Filter | 10 |
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 / .ex4 file(s) there. Put any .mqh files in MQL4 → Include.
- Restart MetaTrader or right-click the Navigator and choose Refresh.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Fibonacci