Forex Fib Support Resistance Indicator
From the Old Kings archive: Forex Fib Support Resistance Indicator, an indicator for MetaTrader 4. Its name points to Fibonacci retracement or extension levels and support / resistance levels. It has 4 settings, for example clr Sup1 (default DeepSkyBlue), clr Sup2 (default Aqua) and clr Res1 (default Coral). 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 · v1.0 · Free
About Forex Fib Support Resistance Indicator
Forex Fib Support Resistance Indicator is an indicator for MetaTrader 4. It has 4 settings, such as Clr sup1, Clr sup2 and Clr res1. MQL source code included.
Files in the download: Fib_SR.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Clr sup1 | DeepSkyBlue | |
| Clr sup2 | Aqua | |
| Clr res1 | Coral | |
| Clr res2 | Tan |
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 · Support & Resistance · MT4 Indicator · MQL4 Source Code