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All about Fibonacci & Variant
Fibonacci All TF
These Auto Fibonacci MTF [Multi Time Frime] worked in MT4 Multi Time Frimes.
Explanation of the Settings :
1. Two different ways of calculating HL : with ZigZag (default) or based on a definite period;
2. By default fibo levels follow the direction of the moves (0-100 or 100-0), SwitchFibo allows to switch the levels;
3. RayLeft extends the lines to the current bar and RayLeftShift extends them further;
4. Colors can be set based on the direction of the move (red for down and lime for up) or one color for each TF (default);
5.Line Width is set automatically (default), means from 1 to maximum, or manually.
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Fibonacci indicator for Retracement, Arc, Fan, Expansion and Time Zone
This is great Fibo indicator which I found here (attached).
This is the very good tool to draw almost everything incl patterns:
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Fibo Bar MT5 - indicator for MetaTrader 5
Fibo Bar MT5 - indicator for MetaTrader 5
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The indicator draws Fibonacci levels based on the last bar. When a new bar appears, the levels are redrawn.
Parameters
- Last Bar for Fibo — timeframe to look for the last bar;
- Upper color — color of upper lines;
- Main color — color of middle lines;
- Lower color — color of lower lines;
- Style lines — line style;
- Line Width — line width.
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FiboPivotCandleBar - indicator for MetaTrader 4
FiboPivotCandleBar - indicator for MetaTrader 4
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Quote:
This indicator is a composite of several indicators: Fibonacci, Pivot Point, ZigZag, MACD and Moving Average which are combined in this indicator.
This indicator gives advice to buy and sell with the direction of the arrow.
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Fibo Pivot Candle Bar MT5
FiboPivotCandleBarMT5 - indicator for MetaTrader 5
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Quote:
FiboPivotCandleBar MetaTrader 5 is a composite of several forex indicators, Fibonacci,
Pivot Point, ZigZag, MACD and Moving Average which are combined in this indicator.
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Learn how to design a trading system by Fibonacci
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Quote:
In this new article from our series about learning how to design a trading system based on the most popular technical analysis tools and indicators, we will learn how to create a trading system based on the Fibonacci Retracement technical tool which is one of the most popular and widely used in trading. After that, we can use this trading system on our MetaTrader 5 trading terminal.
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