FX5 Fibo Spiral V1
This Old Kings indicator for MetaTrader 4 is called FX5 Fibo Spiral V1. As the name suggests, the idea behind it is Fibonacci retracement or extension levels. The file name marks it as version 1. It can send alerts. It has 6 settings, for example radius (default 5), golden Spiral Cycle (default 1) and accurity (default 0.2). Load it on a demo chart and check whether its signals repaint before trusting them. 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 · Free
About FX5 Fibo Spiral V1
FX5 Fibo Spiral V1 is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 6 settings, such as Radius, Golden spiral cycle and Accurity. MQL source code included.
Files in the download: FX5_FiboSpiral_v1_0.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Radius | 5 | |
| Golden spiral cycle | 1 | |
| Accurity | 0.2 | |
| Clock wise spiral | true | |
| Spiral color1 | Blue | Colour on the chart |
| Spiral color2 | Red | Colour on the chart |
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 · Alerts · MT4 Indicator · MQL4 Source Code