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Indicators

XIT_FIBS - indicator for MetaTrader 4

Views:
85253
Rating:
(11)
Published:
2011.01.17 18:00
Updated:
2018.07.17 12:14
XIT_FIBS.mq4 (9.89 KB) view
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XIT_FIBS indicator automatically plots Fibonacci lines on current chart. Lines have retracement values and price.

Just attach indicator to your chart and it will automatically place Fibonacci retracement lines from the highest and lowest visible bars on the chart. Lines are green when Fibonacci trend is up and red when down.

Make sure Auto Scroll is is check on your chart for the indicator to work correctly.


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Shows custom Timeframes on the Main chart

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Uses movements of the relative strenghts index to find long-opportunities. Profitable (and especially reliable) parameters for short-positions couldn't be found

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