Fibo Traders
Fibo Traders is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around Fibonacci retracement or extension levels. Its source code uses moving averages and ATR. It draws arrows on the chart and can send alerts. It has 21 settings, for example Ma Period (default 12), Step (default 0) and Ma Metod (default ma_t3). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 8 indicator files 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 Fibo Traders
Fibo Traders is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 21 settings, such as Ma period, Step and Ma metod. MQL source code included.
Files in the download: fibo traders\indicadores\AutoRefresh 509.ex4, fibo traders\indicadores\heiken-ashi-ma-t3-new-indicator.ex4, fibo traders\indicadores\heiken-ashi-ma-t3-new-indicator.mq4, fibo traders\indicadores\WT_Lineas_v2.5.ex4, fibo traders\indicadores\WT_RelojVela_v1.8.ex4, fibo traders\indicadores\WT_SuperT-MA_v5.0.ex4, fibo traders\indicadores\ZigZag Arrow.ex4, fibo traders\indicadores\ZigZag Arrow.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 12 | Period or timeframe used by the calculation |
| Step | 0 | Distance between orders |
| Ma metod | ma_t3 | |
| Better formula | false | |
| T3 original | false | |
| Sorted values | true | |
| Show heiken ashi | true | |
| Show dots | true | |
| Dots gap | 0.99 | Дистанция от High/Low свечи |
| Dot up | 108 | |
| Dot dn | 108 | |
| Dots size | 0 | |
| Sound file | alert2.wav | "news.wav"; //"expert.wav"; // //"stops.wav" // |
| Signalbar | 1 | На каком баре сигналить.... |
| Alerts message | true | false, |
| Alerts sound | true | false, |
| Alerts email | false | Turn this alert on or off |
| Alerts mobile | false | Turn this alert on or off |
| Depth | 12 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
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 · Buy/Sell Arrows · Alerts · Moving Average · ATR · MT4 Indicator · MQL4 Source Code