Indicators: AutoFib TradeZones

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AutoFib TradeZones:

Auto updating fib retracer showing zones for range trading/breakouts.

Author: Benjamin Joshua Nash

 

nice tool, thanks for sharing it


have tested several values for "fib_style" but cant see any difference, could explain how it can work. Might be pleased if we can hide the % fib levels too.

 
razoff:

nice tool, thanks for sharing it


have tested several values for "fib_style" but cant see any difference, could explain how it can work. Might be pleased if we can hide the % fib levels too.

fib_style values lower than 5 make the the control line visible, dotted, dashed etc.

You can change the fib level descriptions here...
string leveldesc_array[13]={"0","23.6%","38.2%","50%","61.8%","76.4%","100%","161.8%","261.80%","423.6%"};
 

hello

it luk gud but can you convert this in to EA

 
Nice work, thank you eagleye. Why do you chose 240 as Fib_Period?
 
heidewitzka:
Nice work, thank you eagleye. Why do you chose 240 as Fib_Period?
Found i was continually adjusting with shorter periods, plus if you check the M1 you get the 4 hour range.
 

Nice work :)

 

Hi..  I'm using this with another indicator. Is there a way to shift the labels to the left side of the chart as it is making the right side cluttered?

Let me know.

Also, I modified the indicator a bit to display price along with the fib percentages as well.. For anyone interested, just change the following line:

string leveldesc_array[13]={"0","23.6%","38.2%","50%","61.8%","76.4%","100%","161.8%","261.80%","423.6%"};

to this

string leveldesc_array[13]={"%$ - 0","%$ - 23.6%","%$ - 38.2%","%$ - 50%","%$ - 61.8%","%$ - 76.4%","%$ - 100%","%$ - 161.8%","%$ - 261.80%","%$ - 423.6%"};
 
SaKpGt17:
jb1981:

Hi.. I'm using this with another indicator. Is there a way to shift the labels to the left side of the chart as it is making the right side cluttered?

Let me know.

Also, I modified the indicator a bit to display price along with the fib percentages as well.. For anyone interested, just change the following line:

string leveldesc_array[13]={"0","23.6%","38.2%","50%","61.8%","76.4%","100%","161.8%","261.80%","423.6%"};

to this

string leveldesc_array[13]={"%$ - 0","%$ - 23.6%","%$ - 38.2%","%$ - 50%","%$ - 61.8%","%$ - 76.4%","%$ - 100%","%$ - 161.8%","%$ - 261.80%","%$ - 423.6%"};
O.K. but can someone exactly explain how it should be set to work, I mean how I can use it ????

 
Nice indicator. Would be nicer if this indicator draws and shades the Fibonacci Expansion levels also.
 

AutoFib TradeZones 
what time frame it works ??

Files:
autofibtradezones_1.png  66 kb
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