Market / MetaTrader 4 / Utilities /

Double Fibonacci

FREE

Published: 30 March 2020

Current version: 1.1

Double Fibonacci

Utilities
Fabio Mazzotta
Version: 1.1
Updated: 30 March 2020

Fibonacci will be designed by default based on the monthly candle but you can simultaneously view Fibonacci on a weekly candle or you can choose your two favorite timeframes.

When you run this script, an input prompt will appear and the following input parameters can be configured:

Input Parameters:

Name	Example	Default
Timeframe1	Monthly	43200
Timeframe2	Weekly	10080
TF1status	1 on	1
TF2status	0 off	0
candleID	you can choose which candle to apply	1
Prefix1	It's is the prefix of the first object	fibonacci
Prefix	It's is the prefix of the secondary object	fibo
Width	It's the size of the lines	2

To optimize the Fibonacci reading, I take its values and divide them into percentages so as to have only 4 lines that represent it.

You can apply this script on the chart of any currency pair or any stock.

It will not open any purchase or sale operation because this program is limited only to drawing fibonacci.

The script is free, I just ask you to be kind in leaving me your opinion.

Thanks :-)

more...

3031

MARCO SCAZZ1 2020.03.30 17:51 #

great Tool. Congratulations Fabio

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AVIIR 2022.06.28 16:32 #

User didn't leave any comment to the rating

3031

MARCO SCAZZ1 2020.03.30 17:51 #

great Tool. Congratulations Fabio

Version 1.1 2020.03.30