Forex ZZ Ensign Fibo Indicator
From the Old Kings archive: Forex ZZ Ensign Fibo Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is Fibonacci retracement or extension levels. It has 10 settings, for example min Bars (default 12), min Size (default 50) and Fibo Type (default true). 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 ZZ Ensign Fibo Indicator
Forex ZZ Ensign Fibo Indicator is an indicator for MetaTrader 4. It has 10 settings, such as Min bars, Min size and Fibo type. MQL source code included.
Files in the download: installation manual.txt, ZZ_Ensign_Fibo.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Min bars | 12 | |
| Min size | 50 | |
| Fibo type | true | |
| Fibo dinamic | false | |
| Fibo static | false | |
| Fibo static num | 2 | |
| Fibo s | Teal | |
| Fibo d | Sienna | |
| Pitchfork | 0 | |
| Line pitchfork | MediumBlue |
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 · MT4 Indicator · MQL4 Source Code