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Fox Wave QCW DrawFiboByDate

What are Fibonacci Numbers and Lines?

Fibonacci numbers are used to create technical indicators using a mathematical sequence developed by the Italian mathematician, commonly referred to as "Fibonacci," in the 13th century. The sequence of numbers, starting with zero and one, is created by adding the previous two numbers. For example, the early part of the sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89,144, 233, 377, and so on.


The Fibonacci sequence is significant because of the so-called golden ratio of 1.618, or its inverse 0.618. In the Fibonacci sequence, any given number is approximately 1.618 times the preceding number, ignoring the first few numbers. Each number is also 0.618 of the number to the right of it, again ignoring the first few numbers in the sequence. The golden ratio is ubiquitous in nature where it describes everything from the number of veins in a leaf to the magnetic resonance of spins in cobalt niobate crystals.
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Most professional traders declare strict compliance with risk management. This simple tool allows quick calculation of trading lot size in accordance with the following basic risk management rules: The maximum allowable risk is set as a fixed percentage of the account deposit (for example, 1-2%). The risk is measured as a distance in points between the order opening level and the stop loss level. It is always difficult for beginners to calculate trade lot based on the risk value, so this indicat
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Based on MACD indicator waves with standard parameters Applies Fibonacci levels to the last two MACD waves, positive and negative respectively, if at the moment the MACD indicator runs out of negative Wave - the color is green, if at the moment the MACD indicator runs out of positive Wave - the color is red. The Wave termination criterion is two ticks with a different MACD sign. Applies trend lines on the last four MACD Waves. Works well with the expert Figures MACD   https://www.mql5.com/ru/mar
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CURRENTLY 31% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confir
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Yury Orlov
4.62 (175)
Top indicator for MT4 providing accurate signals to enter a trade without repainting! Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! It can be applied to any financial assets:  forex, cryptocurrencies, metals, stocks, indices.  MT5 version is here   It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of t
System Trend Pro
Aleksandr Makarov
5 (2)
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!   The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the oppo
PZ Mean Reversion MT4
PZ TRADING SLU
3 (4)
Outperform traditional strategies: effective mean reversion for savvy traders Special Offer: Purchase now to receive free bonuses worth $90! (Read more for details) Unique indicator that implements a professional and quantitative approach to mean reversion trading. It capitalizes on the fact that the price diverts and returns to the mean in a predictable and measurable fashion, which allows for clear entry and exit rules that vastly outperform non-quantitative trading strategies. [ Installatio
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Cool iExposure
Zbynek Liska
5 (1)
If you need more information than a few numbers in the iExposure index, this indicator is for you. Better iExposure indicator is an improvement over the original information, such as: Separate profit column for BUY and SELL Separate SL column for BUY and SELL Separate TP column for BUY and SEL Average Price as Horizontal Line in Chart Pip Value www.foxwave.eu
Basic tool Showing annual candle, range for Day, range for Week, range for Month, range for Year. Showing fibonacci for Day fibonacci for Week, fibonacci for Month, fibonacci for Year. Showing percent change for Day, percent change for Week, percent change for Month, percent change for Year. Showing distance of the current value the previous close for Day, Week, Month, Year.
This is a simple and very effective utility for closing in profir or in loss. Constant overview of daily Draw Down, Current profit and Daily profit This utility will save your deposit in case of a sharp market change. Just add it to any free chart and use it for your daily trading. Thanks to the minimal set of parameters, you can easily set up the utility for any symbol in MT4
If you need more information than a few numbers in the iExposure index, this indicator is for you. Better iExposure indicator is an improvement over the original information, such as: Separate profit column for BUY and SELL Separate SL column for BUY and SELL Separate TP column for BUY and SEL Average Price as Horizontal Line in Chart Pip Value Profit https://www.facebook.com/groups/prop4y iExposure will show the opening of trading positions in tabular form in the sub-window below the mai
Easy EA for closing positions with profit or loss. All positions of chart's symbol are counted separately. Settings: TPforSymbol — set profit amount to indicate when to close every positions for the symbol of the chart. Swap and commission are decreasing your profit. SLforSymbol — set SL amount to indicate SL for every positions for the symbol of the chart. Swap and commission are increasing your loss. SLforSyblol is always below/equal zero.
This multi-currency annual dashboard analyzes the nearest high and low to the current price for a chosen number of recent years. It displays how many pips away the price is from the nearest high or low. You can set a pip threshold, and the alert will notify you when the price gets close to the specified levels. In real-time, the dashboard also provides an overview of the closest high or low values for each specific year, helping you make informed trading decisions.
Key level analysis : The indicator tracks the nearest annual high and low to the current price over a chosen number of years. Proximity alerts : It triggers an alert when the price reaches a specified number of pips from the nearest high or low. Customizable notification intervals : You can set how often alerts repeat, for example, every 30 minutes. Historical perspective : Enables long-term tracking of market levels and effective planning of trading strategies. Multi-currency support : This ind
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