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Fibonacci Dimension

4.6

'Fibonacci Dimension' indicator allows display of preset or user-defined multi-timeframe Fibonacci levels. It automatically takes the previous high and low for two user-defined timeframes and calculates their Fibonacci retracement levels. It also considers the retraced level to draw the expansions on every change of price. A complete visual dimension in multiple timeframes allows deriving profitable strategies for execution.

The functionalities included are:

  • Provides an option to consider a preset or custom Fibonacci levels for retracement, extension and expansion.
  • Displays the calculated multi-timeframe Fibonacci levels as a dimension for visual clarity.
  • Includes an option to choose the previous ‘Year’ for selection.
  • Handles the Sunday candle and adds to the previous Friday to calculate the Fibonacci levels for Monday (Day - D1).
  • Able to define a Fibonacci retracement level as the mid-range to be displayed in a different color. The display of mid-range color considers the previous timeframe candle (bullish or bearish).
  • Option to have notification alerts for specified timeframe candle close price, within or outside the mid-range levels.
  • Supports multiple instances of the indicator on the chart to display multiple sets of timeframe retracements.
  • Allows to toggle the display of extended line till the start of timeframe period.
  • Customizable formatting of line, font and colors used by the indicator.
  • Option to show timeframe, level text, along with price for each level.

Includes Fibonacci Expansion levels to allow you to strategise your exit of trades. The indicator draws the extended retracement levels in case the price breaks the 100 level.

Product Links:
User Guide
MT4 version


Comentarios 5
Sesay700
61
Sesay700 2023.12.01 18:33 
 

Thanks for this wondaful system, can you please make a little update on the Fibonacci number, can you please remove 23.6 from the other numbers. the right numbers I wanted you to update is 0,38.2,50.0,61.8,70.7,78.6,88.6,100.0, etc. Thanks again for your product I am really appreciate.

Findolin
1035
Findolin 2023.11.09 10:50 
 

Excellent work. And for free. Thank you very much!

Flaviona
104
Flaviona 2024.07.19 18:17 
 

Very good

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¿Cansado de trazar líneas de soporte y resistencia? La resistencia de soporte es un indicador de marco de tiempo múltiple que detecta y traza automáticamente los soportes y las líneas de resistencia en el gráfico con un giro muy interesante: a medida que los niveles de precios se prueban con el tiempo y aumenta su importancia, las líneas se vuelven más gruesas y oscuras. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Mejora tu análisis técnic
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PnL Calendar
Keni Chetankumar Gajanan -
Monitoring your trades over time helps you build up your account balance and shows when you miss your goals. Viewing the closed trades of a symbol on the chart can help you adjust your strategy for better results. Maintaining a trade book allows you to record the applied strategy and note the reason for taking each trade. It helps you to evaluate and refine strategies based on its profitability. A possibility to download the Account history as a text file with delimited fields, allows upload to
Filtro:
Flaviona
104
Flaviona 2024.07.19 18:17 
 

Very good

Keni Chetankumar Gajanan -
9369
Respuesta del desarrollador Keni Chetankumar Gajanan - 2024.07.21 11:25
Thank you
Sesay700
61
Sesay700 2023.12.01 18:33 
 

Thanks for this wondaful system, can you please make a little update on the Fibonacci number, can you please remove 23.6 from the other numbers. the right numbers I wanted you to update is 0,38.2,50.0,61.8,70.7,78.6,88.6,100.0, etc. Thanks again for your product I am really appreciate.

Keni Chetankumar Gajanan -
9369
Respuesta del desarrollador Keni Chetankumar Gajanan - 2023.12.06 09:24
Hi #Sesay700,
Thanks for the review and suggestion. To add your requirement might not be the best option as others may have their own preferred levels. I agree that a customized option will improve the product. Let me see how I can incorporate it. ***** Edit: Now Fibonacci Dimension supports user custom levels. I have incorporated a "Custom Version" option in ver. 2.0 released today (06-Dec). You can enter your preferred levels for Retracement, extension and expansion in stored text files. Please refer to the user guide to understand how to configure. I hope you find it useful. *****
Findolin
1035
Findolin 2023.11.09 10:50 
 

Excellent work. And for free. Thank you very much!

Keni Chetankumar Gajanan -
9369
Respuesta del desarrollador Keni Chetankumar Gajanan - 2023.11.09 15:36
Hi Findolin, I appreciate you taking the time to review. Thank you.
Mustafa Nail Sertoglu
1046
Mustafa Nail Sertoglu 2023.07.24 14:18 
 

THX for free sharing, hope i will find a way to use Fibo. Dimension within my trading strategy

Keni Chetankumar Gajanan -
9369
Respuesta del desarrollador Keni Chetankumar Gajanan - 2023.07.24 17:49
Thanks Nail for the review. For optimal indicator setup and understanding, please read the user guide. I hope you find it useful.
contraror
77
contraror 2022.11.17 02:38 
 

Just what I am looking for! It'll be perfect if there's Fibonacci levels #3 and #4 for levels above prev high and prev low. Some minor bugs: 1) Fib 76.4 should be 78.6 instead 2) H1 fib levels not drawn/working (only first-time load working), The other timeframes are working. 1) The

Keni Chetankumar Gajanan -
9369
Respuesta del desarrollador Keni Chetankumar Gajanan - 2022.12.01 05:44
Thanks #contraror for the review. Have updated the indicator today (version 1.3) with new functionalities including an option for selection of 78.6 instead of 76.4 I suppose by #3 and #4, you mean higher timeframes. Do note that you can use multiple instances of the indicator on a chart. Please refer to the user guide on how to configure them. The indicator only displays selected timeframe for chart period lesser than it. For e.g. if you have selected timeframe for #2 as 'H1', the indicator will not display it for chart period H1 and above. Thanks.
Respuesta al comentario
Versión 2.2 2024.02.09
» Fix: Handles candle/bar gap at Open for some symbols (e.g. Gold)
Versión 2.1 2024.01.05
- Range fix -> Holidays
Versión 2.0 2023.12.06
» Added Functionality: Use custom defined Fibonacci Retracement, Extension and Expansion levels.
- In addition to the earlier preset option, added a new "Custom version" option to get levels stored in files by user
» Changed the storing of alert files in "Sounds" folder.
- Now can choose your own filename for the wav files and input them as parameters.
Versión 1.5 2023.11.09
- Notification alerts on candle close within or outside of the mid-range (outer-> #1 & inner-> #2)
Versión 1.4 2023.07.14
- Fixes and code improvements
Versión 1.3 2022.12.01
- Added functionalities:
  > Option for selection of 78.6 instead of 76.4 level.
  > Fibonacci retracement (extended) levels in case price breaks the Fibo 100
  > Fibonacci expansion levels for profit taking
  > Allows line display in selected colour across levels on clicking line or price.
- Minor fixes and improvements
Versión 1.2 2022.09.20
- Minor fixes and improvements.
Versión 1.1 2022.08.31
- Minor fixes and improvements.