Forex Quick Fib Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Quick Fib Indicator. Its name points to Fibonacci retracement or extension levels. It draws arrows on the chart. It has 6 settings, for example Color Uptrend (default DarkSlateGray), Color Downtrend (default Maroon) and Color Retracement Remaining (default Bisque). 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 Forex Quick Fib Indicator
Forex Quick Fib Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 6 settings, such as Color uptrend, Color downtrend and Color retracement remaining. MQL source code included.
Files in the download: installation manual.txt, QuickFib.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Color uptrend | DarkSlateGray | Colour on the chart |
| Color downtrend | Maroon | Colour on the chart |
| Color retracement remaining | Bisque | Colour on the chart |
| Color high price | Crimson | Colour on the chart |
| Color low price | Green | Colour on the chart |
| Draw retracement blocks | 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 · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code