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Auto Fibo Retracement MT4

4

Auto Fibonacci Retracement Indicator — Flexible and Reliable

This is not just another Auto Fibonacci Retracement indicator — it’s one of the most flexible and dependable tools available. If you find it useful, please leave a review or comment to support the project.

Looking for something even more powerful? Check out our Timeframes Trend Scanner indicator.

Features

  • Automatically calculates up to 7 Fibonacci levels on your customized timeframe.

  • Fully adjustable levels to fit your trading preferences.

  • Choose between High/Low prices or Open/Close prices for calculation.

  • Option to freeze levels, preventing recalculation as the chart moves.

  • Keep the starting point fixed while dynamically recalculating the ending point.

  • Automatic recalculation within a fixed frame for consistent analysis.

  • Extend Fibonacci lines to the left and/or right for better chart visibility.

  • Position Fibonacci level information (level and value) to the right or left of the lines.

  • Show or hide level price values.

  • Customize line color and thickness for easy visualization.

Settings

  • Frame: Number of candles to look back for Fibonacci calculations.

  • UseOpenClosePrice: Set to True to use Open/Close prices instead of High/Low, reducing noisy signals. Note: This may cause recalculations, which is intentional.

  • FreezeMode: Set to True to freeze Fibonacci levels after initialization, preventing recalculation when the chart moves.

  • KeepStartingPoint: Set to True to lock the starting point of the frame. The starting point updates only if the main trend reverses.

  • Level1 to Level7: Set values for up to 7 Fibonacci levels; enter a number less than 0 to hide a level.

  • ExtendLeft / ExtendRight: Draw Fibonacci lines to the far left and/or right edges of the chart.

  • ShowLevelPrice: Toggle the display of prices next to levels.

  • InfoOnLeft: Position level info on the left side.

  • LineColor: Choose the color for the Fibonacci lines.

  • LineWidth: Set the thickness of the level lines.

Note: Due to MQL4 limitations, this MT4 version cannot customize styles for each individual Fibonacci level like the MT5 version can.

How to Use

Simply attach the indicator to your chart by clicking its name. Adjust the settings as needed — all options are explained above.

What You’ll See on the Chart

  • A dashed line indicating the main trend direction: green for bullish, red for bearish.

  • Up to 7 horizontal Fibonacci level lines, each labeled with the level and its price.

If you need further assistance, please don’t hesitate to leave a comment!


Reviews 4
david cruz
18
david cruz 2025.07.08 22:34 
 

Excelente herramienta

Alfon45
209
Alfon45 2024.08.25 16:25 
 

Good work !!

prayadc chotipat
18
prayadc chotipat 2024.03.26 10:22 
 

It's very useful and user friendly. I'm looking forward for next improved version such as colors settings or somethings. Many thanks, Prayad

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Timeframes Trend Scanner   is a trend analyzer or trend screener indicator that helps you know the trend in   all timeframes of selected symbol you are watching . This indicator provides clear & detailed analysis results on a beautiful dashboard, let you able to use this result right away without need to do any additional analysis. How it works Step 1: Calculate values of 23 selected & trusted technical indicators (Oscillator & Moving Average indicators) Step 2: Analyze all indicators using bes
Market Trend Scanner   is a trend analyzer or trend screener indicator that helps you know the trend in   selected timeframe of all symbols you're watching . This indicator provides clear & detailed analysis results on a beautiful dashboard, let you able to use this result right away without need   to do any additional analysis. How it works Step 1: Calculate values of 23 selected & trusted technical indicators (Oscillator & Moving Average indicators) Step 2: Analyze all indicators using best pr
Easy Ruler MT5
Nguyen Tuan Son
5 (1)
Ruler  is important but just a simple tool. Why people make it too complex? Easy Ruler makes it great again. Almost zero setup required, nothing annoying on chart, quick and accurate. Easy Ruler MT5  just help you measure 2 points on chart quickly and accurate. That's all! To support you better, it has magnet mode to pick points more accurate and works on indicator windows too (38 indicators that provided by MT5 by default). This smart ruler provides these information right on chart in no time t
Easy Toolbar MT4
Nguyen Tuan Son
5 (1)
Easy Toolbar is a user-friendly toolkit that provides fundamental tools and utilities which can helps you analyze market , get notifications and calculate trade factors faster, more accurate and much easier. Easy Toolbar is born with the mission to make analysis tools of MT4 really work & provide more useful utilities . If you are not fully depend on EAs and do your own work to analyze market, this tool is for you! Main features New way to use market analysis tools Introduce new important object
Easy Ruler MT4
Nguyen Tuan Son
Ruler  is important but just a simple tool. Why people make it too complex? Easy Ruler makes it great again. Almost zero setup required, nothing annoying on chart, quick and accurate. Easy Ruler MT4  just help you measure 2 points on chart quickly and accurate. That's all! To support you better, it has magnet mode to pick points more accurate and works on indicator windows too (30 indicators that provided by MT4 by default). This smart ruler provides these information right on chart in no time t
Timeframes Trend Scanner is a trend analyzer or trend screener indicator that helps you know the trend in all timeframes of selected symbol you are watching . This indicator provides clear & detailed analysis results on a beautiful dashboard, let you able to use this result right away without need to do any additional analysis. How it works Step 1: Calculate values of 23 selected & trusted technical indicators (Oscillator & Moving Average indicators) Step 2: Analyze all indicators using best pra
What Is the Currency Strength Meter? The Currency Strength Meter is an advanced yet easy-to-use indicator that measures the relative strength of 8 major currencies by analyzing their real-time performance across 28 currency pairs . It visually ranks currencies from strongest to weakest, helping you: Spot high-probability trading opportunities Match strong currencies against weak ones Trade with confidence and precision With just a glance at the dashboard, you'll know which currencies to trade –
Easy Toolbar MT5
Nguyen Tuan Son
5 (1)
Easy Toolbar is a user-friendly toolkit that provides fundamental tools and utilities which can helps you analyze market , get notifications and calculate trade factors faster, more accurate and much easier. Easy Toolbar is born with the mission to make analysis tools of MT5 really work & provide more useful utilities . If you are not fully depend on EAs and do your own work to analyze market, this tool is for you! Main features New way to use market analysis tools Introduce new important object
Market Trend Scanner   is a trend analyzer or trend screener indicator that helps you know the trend in   selected timeframe of all symbols you're watching . This indicator provides clear & detailed analysis results on a beautiful dashboard, let you able to use this result right away without need to do any additional analysis. How it works Step 1: Calculate values of 23 selected & trusted technical indicators (Oscillator & Moving Average indicators) Step 2: Analyze all indicators using best prac
What Is the Currency Strength Meter? The Currency Strength Meter is an advanced yet easy-to-use indicator that measures the relative strength of 8 major currencies by analyzing their real-time performance across 28 currency pairs . It visually ranks currencies from strongest to weakest, helping you: Spot high-probability trading opportunities Match strong currencies against weak ones Trade with confidence and precision With just a glance at the dashboard, you'll know which currencies to trade –
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david cruz
18
david cruz 2025.07.08 22:34 
 

Excelente herramienta

Alfon45
209
Alfon45 2024.08.25 16:25 
 

Good work !!

Hector Manuel
313
Hector Manuel 2024.04.08 23:40 
 

Cuando se coloca 2000 barras atrás para analizar, el indicador no muestras las barras reales, sino muestra menos barras.

prayadc chotipat
18
prayadc chotipat 2024.03.26 10:22 
 

It's very useful and user friendly. I'm looking forward for next improved version such as colors settings or somethings. Many thanks, Prayad

Reply to review
Version 1.1 2023.03.23
- Fix bu LeftExtend setting
- Fix the conflict issue with other indicators
- Optimize performance