$20.90
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The world's largest download marketplace
3,274,351 satisfied buyers
Fully Automatic Visual Fibonacci Indicator - Forex MT4
Fully Automatic and Simple to Setup MT4 Indicator
Consider this example:
You enter a trade that begins moving against you and hit stoploss to close the position, only to watch the price turnaround and ultimately hit your original target. Sound familiar?
The advantage of Fibonacci analysis is this: when used appropriately, it brings laser like accuracy to traditional price and time forecasting.
Fibonacci retracement and extension levels are probably the most famous and widely used trade setup for experienced as well as novice Forex traders. They help to identify entry and exit points for trades and are the basis of many forex trading systems used by a great number of professional forex brokers around the globe.
Many people try to make this analysis overly complicated scaring away new forex traders. But this is not how it has to be. We've designed the "Visual Fibonacci Indicator", so that you can visually see the various Fibonacci levels that will help to improve the accuracy of the entry and exit points for every single trade that you make.
The pictures given at the end will show that it is not just coincidental, that all the reversals happen precisely at the same levels. That's the beauty of this indicator. You can visually see where the reversals are going to happen in the future.
Features
a. ALL Currency pairs, Commodities and Timeframes
You just have to attach the Indicator to any MT4 Chart, be it a Currency chart or Commodity chart or Stock chart. You can use it in any timeframe you want. This indicator will automatically dind the swing high and swing low on your screen and draw the Fib levels.
b. Zoom-in or Zoom-out on the chart
The Indicator will automatically adjust to the new chart displayed on your screen. You don't have to re-attach the indicator every time.
c. Upto 11 Fibonacci levels
Some may need only 3 levels to trade. But some of us want to see more. The Indicator is flexible enough to handle upto 11 different levels. You can choose how many ever levels you want to see on the chart
d. Display Price Information
You can choose whether to display the price along with the fib lines or not. It could be useful while placing your trades. You can choose to switch this feature off.
e. Flexible visual setup
You have full flexibility to select the color schema that you want to see for the uptrend, downtrend etc. You can also control the thickness of the lines that are displayed on the screen, so that you can choose what is comfortable for you to be visually pleasing.
File Data
This file is sold by egyptain1970, an independent seller on Tradebit.
| File Size | 1 megabytes |
| File Type | ZIP |