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Trend Based Fibo MT4

4

The most Flexible & Reliable Trend-Based Fibonacci indicator by Safe Trading. This indicator helps you calculate Trend-Based Fibonacci levels base on the main and retracement trends to predict future price.

If you just looking for a powerful indicator, please check this Timeframes Trend Scanner indicator

### FEATURES ###

  • Auto-calculate up to 7 Trend-Based Fibonacci levels on adjustable frame.
  • Adjust Fibonacci levels as your need.
  • Adjust the start and the end of calculated frame in indicator settings or visual lines in the chart.
  • Use High/Low price or Open/Close price to calculate.
  • Freeze the levels and don't recalculate when chart moves.
  • Keep the starting point and recalculate the ending point when chart moves to catch the latest trend.
  • Auto-Recalculate everything in selected frame.
  • Extend the right and/or left side of lines to easy to use.
  • Move the position of level info (Level and its value) to Right or Left.
  • Show/Hide level value.
  • Set up the style (Line color and line thickness) of Fibonacci levels to easy to see

### HOW TO USE THIS INDCATOR ###

Just click on the indicator name to attach the indicator to the chart. You can change settings as you need. You can see the meaning of of each setting in below section. The Trend-Based Fibonacci levels will be calculated and draw in the chart. You can click (double-click) on the vertical dotted lines and drag it to the left or right to adjust the calculated frame.


### WHAT'S IN THE CHART ###

When the indicator is attached to the chart, you will see:

  • The first line arrow is the main trend. It is from the start to the end of the main trend.
  • The second line arrow is the retracement trend.  It is from the start to the end of the retracement trend.
  • 7 horizon lines are the Trend-Based Fibonacci levels. The 0 level will be in the end of Retracement trend, bigger levels as your settings are following and go the the same direction with the main trend.
  • Text on the line is the level and the price on that level.


### SETTINGS ###

  • InitStartFrame: Your custom starting point of the frame to calculate Trend-Based Fibo levels. It's the number of candles to look back. You can adjust this by a visual line in the chart later if you want.
  • InitEndFrame: Your custom ending point of the frame to calculate Trend-Based Fibo levels. It's the number of candles to look back.  You can adjust this by a visual line in the chart later if you want.
  • UseOpenClosePrice: Set to True to use the Open/Close price to calculate instead of High/Low price. This helps to reduce noisy signals in some cases. Please note: This mode may recalculate and redraw the levels in some cases. It's right, not bug.
  • FreezeMode: Set to True to freeze the Fibo levels as initialize. It'll not recalculate the levels when chart moves.
  • KeepStartingPoint: Set to True to keep the starting point of frame. This helps to NOT move the first point of levels when the number of bars from the first bar to the current bar is more than the Frame set up. Please note: If the main trend direction is changed (from bearish to bullish or bullish to bearish), the starting point will be updated to capture the latest trend.
  • Level1 to Level7: 7 Fibonacci levels you want to calculate. Set to a number less than 0 to hide that level.
  • ExtendLeft: Set to True to draw levels to the most left of the chart (by default, it starts from the beginning of the main trend).
  • ExtendRight: Set to True to draw levels to the most right of the chart (by default, it end from the ending of the main trend).
  • ShowLevelPrice: Set to True to show the price next to the level.
  • InfoOnLeft: Set to true to move the level info to the left of levels.
  • LineColor: Pick the Color you want to use for lines.
  • LineWidth: Set the thickness of lines.


### NOTES FROM SAFE TRADING ###

If you need further support or having a question, please feel free to leave a comment.



Comentarios 2
trick 86
518
trick 86 2025.01.17 15:45 
 

HOLY GRAIL...

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Scalper Vault es un sistema profesional de reventa que le brinda todo lo que necesita para una reventa exitosa. Este indicador es un sistema comercial completo que puede ser utilizado por operadores de divisas y opciones binarias. El marco de tiempo recomendado es M5. El sistema le proporciona señales de flecha precisas en la dirección de la tendencia. También le proporciona señales superiores e inferiores y niveles de mercado de Gann. Los indicadores proporcionan todo tipo de alertas, incluidas
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Davit Beridze
4.68 (19)
Indicadores
Pruebe "Chart Patterns All in One" en modo demo y obtenga un bono. Envíeme un mensaje después de probarlo en modo demo para recibir su bono. Deja un comentario después de la compra para recibir 8 indicadores de alta calidad como bono. El indicador Chart Patterns All-in-One ayuda a los traders a visualizar varios patrones de gráficos comúnmente utilizados en el análisis técnico. Este indicador apoya la identificación de posibles comportamientos del mercado, pero no garantiza rentabilidad. Se rec
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Daniel Stein
4.78 (9)
Indicadores
IX Power: Descubre perspectivas de mercado para índices, materias primas, criptomonedas y forex Descripción general IX Power es una herramienta versátil diseñada para analizar la fortaleza de índices, materias primas, criptomonedas y símbolos de forex. Mientras que FX Power ofrece la máxima precisión para pares de divisas mediante el uso de datos de todos los pares disponibles, IX Power se centra exclusivamente en los datos del mercado del símbolo subyacente. Esto convierte a IX Power en una e
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Ramil Minniakhmetov
4.86 (119)
Indicadores
El indicador de detección de tendencias complementará cualquier estrategia y también se puede utilizar como una herramienta independiente. Recomendaciones para trabajar con el indicador, las puedes descargar en el comentario #8 Ventajas Fácil de usar, no sobrecarga el gráfico con información innecesaria; Puede usarse como filtro para cualquier estrategia; Tiene niveles integrados de soporte y resistencia dinámicos, que se pueden usar tanto para obtener ganancias como para establecer límites
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Relicus LLC
4.63 (104)
Indicadores
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4.92 (13)
Indicadores
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Dustin Vlok
4.73 (89)
Indicadores
¿Está buscando un potente indicador de compraventa de divisas que pueda ayudarlo a identificar oportunidades comerciales rentables con facilidad? No busque más allá de Beast Super Signal. Este indicador basado en tendencias fácil de usar monitorea continuamente las condiciones del mercado, buscando nuevas tendencias en desarrollo o saltando sobre las existentes. Beast Super Signal da una señal de compra o venta cuando todas las estrategias internas se alinean y están en 100% de confluencia entr
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Indicadores
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Indicadores
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Indicadores
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KEENBASE SOFTWARE SOLUTIONS
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Just another   Auto Fibonacci Retracement indicator . However, this is the most   Flexible   &   Reliable   one you can find for FREE. If you use this indicator and you like it, please leave a review/comment. If you just looking for a powerful indicator, please check this   Timeframes Trend Scanner indicator ### FEATURES ### Auto-calculate up to 7 Fibonacci levels on your customized frame. Adjust levels as your need. Use High/Low price or  Open/Close price to calculate. Freeze the levels and don
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Utilidades
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Utilidades
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
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Indicadores
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Timeframes Trend Scanner MT4
Nguyen Tuan Son
Indicadores
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Easy Trade Calculator MT4
Nguyen Tuan Son
Utilidades
Easy Trade Calculator helps to calculate entry/stop loss/take profit levels and volume with some additional information to let your trades under risk management. Quick, accurate & in the visual way! Make trade calculation easier than ever! There are some  constraints between risk, stop loss and volume  for a safe trade. You need to know and let risk under management before you making a trade. Easy Trade Calculator helps to simplify calculation, make it more accurate and much quicker than do it m
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Indicadores
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Utilidades
Easy Trade Calculator helps to calculate entry/stop loss/take profit levels and volume with some additional information to let your trades under risk management. Quick, accurate & in the visual way! Make trade calculation easier than ever! There are some  constraints between risk, stop loss and volume  for a safe trade. You need to know and let risk under management before you making a trade. Easy Trade Calculator helps to simplify calculation, make it more accurate and much quicker than do it m
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trick 86
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trick 86 2025.01.17 15:45 
 

HOLY GRAIL...

topline8000
1144
topline8000 2023.09.27 12:56 
 

Don't know how it works

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Versión 1.1 2023.03.23
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