Now being an active trader at Orbex you can have automatically detected Fibonacci levels with notifications for free! Thanks to an advanced algorithm, the manager itself recognises and shows the most important Fibonacci levels and zones. It also includes functions related to Elliott Wave Theory. No more drawing FIBO levels by hand, this indicator will do it faster, better and more accurately!
Once downloaded, open the Data Folder (from the File menu in MT4) and copy the downloaded file to the MQL4Indicators folder. Then reload MT4, the indicator should appear in the Indicators list in the Navigator pane.
ALERTS
alerts when important response zones are reached - audible, pop-up, mobile, email - whatever you want
improved level detection algorithm and expanded control panel
MANY INTERVALS AT ONCE
possible cross-sectional analysis of the most effective Fibonacci Levels on multiple time intervals simultaneously
RAPID ANALYSIS
rapid identification of correction depths and potential price impulse patterns (according to Elliott Wave Theory)
READABILITY AND FLEXIBILITY
easy reading of the current price position relative to inner and outer Fibonacci Levels
Convenient configuration and adaptability to personal preferences
Once downloaded, open the Data Folder (from the File menu in MT4) and copy the downloaded file to the MQL4Indicators folder. Then reload MT4, the indicator should appear in the Indicators list in the Navigator pane.