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Automated Fibonacci Retracement Indicator

Fibonacci retracement is an object or function that is often used by traders to determine values of fibonacci levels. When to open position, where is the breakout or limit point, stop loss position and take profit position can be determined based on fibonacci levels. But commonly, this object only can be used manually in Metatrader 4 (MT4). 

Therefore we need an indicator of fibonacci retracement. The use of indicator will make decision making easier, faster, and more consistence.

We recommend testing the indicator in the back test before making a purchase.

Automated Fibonacci Retracement Indicator is an indicator that can be used to determine trend direction and values of fibonacci levels but it doesn't provide in the MT4 platform.

This indicator can be used on many pairs and all timeframes as well.

This indicator is consist of Moving Average indicator and other calculations are needed.

In this indicator you can choose to use Moving Average function or not.

This indicator can choose the best position, range and values of Fibonacci Retracement.

You can combine this indicator with other indicator based on your trading style.

Try this indicator and define how good the results of this indicator!

Main Inputs

  • EMA_1_Period
  • EMA_2_Period
  • Max_History_Bars
  • Using_EMA_Filter

Other Inputs:

  • Bullish_Fibo_Color
  • Bearish_Fibo_Color
  • Buffers_Size
Trading wisely with always using money management strategy! Good Luck!!!


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La combinazione di trend e livelli di rottura in un unico sistema. Un algoritmo di indicatore avanzato filtra il rumore del mercato, determina la tendenza, i punti di ingresso e i possibili livelli di uscita. I segnali indicatori sono registrati in un modulo statistico, che permette di selezionare gli strumenti più adatti, mostrando l'efficacia dello storico dei segnali. L'indicatore calcola i segni Take Profit e Stop Loss. Manuale e istruzioni ->   Qui   / Versione MT5 ->   Qui Come fare tradi
Connect Indicator
Sukunthakan Ngernbamrung
Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
Altri dall’autore
LT Automated Support Resistance Screener is a level indicator or a support resistance indicator that can be used to determine the level of support and resistance values. This indicator is free and easy to used in the Metatrader 4 platform which is built using the MQL4 programming language. Support resistance indicator is an important indicator that is often to used, but it is not available on the MT4 platform. This indicator can be used for all markets like forex, indices, gold etc and all time
FREE
Exponential Moving Average (EMA) is an indicator that often be used by traders. Combination of two or three EMA indicators often applied to determine trend direction. Multiple EMA combined with fractals or oscillator indicator to detect overbought/oversold and divergence point also great to do in trading system. If you like EMA indicator and want to get better indicator, highly recommended using EMA SuperTrend Strategy Indicator if you want to get better result in here: https://www.mql5.com/
FREE
Super trend is one of the best trend indicators in metatrader 4 (MT4). Triple SuperTrend indicator is an indicator that consist of three super trend indicator that can be aranged. This indicator is built by mql4 language and doesn't provided by MT4 platform. Highly recommended using EMA SuperTrend Strategy Indicator if you want to get better result in here: https://www.mql5.com/en/market/product/91664 This indicator is easy to use, power full and has many benefits, there are: Using three ind
FREE
Super Trend is one of the most popular custom indicators that it doesn't provided in metatrader 4 (MT4) platform. Rainbow SuperTrend  has some advantages, there are can display the trend direction and stop loss line based on Average True Range (ATR). This indicator is good to used for trailing stop trading style, because when the price direction is trending the stop loss point can adjust based on supertrend line. It is the high recommended to using this indicator combined with oscillator indicat
FREE
LT Gzeta EA MT4
Eko Baskoro
5 (1)
LT Gzeta EA MT4 is an expert advisor that works based on simple support resistance, chart pattern and ATR calculations. This EA is a free version of Zeta EA MT4 because the main strategy is same. Using this EA, pair AUDUSD in time frame H4 is the best performance. If you want to get much better result, high recommended to use Zeta EA MT4, because it has better function and better performance. Zeta EA MT4 has good performance at all pairs, period H1 since 2017, january until 2023, december ht
FREE
Fibonacci Retracement object is an object that has been provided by metatrader 4 platform. But  Fibonacci Retracement  object doesn't automated adjust the chart. You have to put and manage it manually to the chart. Because of that, this indicator was created. If you like using filbonacci retracement indicator, highly recommended to use Automated Fibonacci Retracement Indicator if you want to get better result in here: https://www.mql5.com/en/market/product/95515 LT Automated Fibonacci Retrace
FREE
LT Triple Support Resistance Screen Method is a kind of levels indicator that consist of three SR lines. It is built by MQL4 programming language and can be used to MT4 platform.  A free version indicator to determine the support and resistance levels easily This indicator works based on the screen method to calculate the most appropriate value for each buffer. A complex algorithm based on long research is applied to this free custom indicator. But this indicator has limited features and simpler
FREE
Moving Average is one of the indicators that is widely used in technical analysis which can help to smooth price movements by eliminating some price fluctuations that are less relevant based on past price calculations, so that an average line of price movements is formed within a certain time period. Simple Moving Average Over Flow is an indicator writen by MQL$ language that is given a special additional moving average line based on certain calculations so as to make this moving average better
FREE
The ASRS is a powerful support and resistance custom indicator that can help traders determine the level of support and resistance values. This indicator is built using the MQL4 programming language and is used in the MetaTrader 4 platform. Metatrader 4 (MT4) doesn't provide any support and resistance indicator, making ASRS an essential tool for traders. This indicator also suitable for all time frames and all markets, including indices, forex, and more. ASRS can works intelligently and accurat
Exponential moving average (EMA) and super trend are popular and good indicators that is often and used to determine the trend direction. One of the best trading strategies with trailing stop is trading strategy with using a combination of Exponential Moving Average (EMA) and Super Trend indicators. EMA SuperTrend Strategy Indicator is the indicator consist of  EMA, Super Trend and Alert function also other calculations are needed. It's also has extra indicator there are Automated Fibonacci Retr
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