Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
Posted: Sat May 20, 2023 5:42 am
by mrtools
Ganesh wrote: Tue May 16, 2023 9:55 pm
Hi, Kvak, kindly add alert to this indicator when new ZONE is formed. thank you.! shved-supply-and-demand (mtf).mq4
Far as I can tell new zones are included in the alerts already.
Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
Posted: Sat May 20, 2023 8:18 pm
by Jedidiah
Fibonacci Retracement Alert
Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
Posted: Sat May 20, 2023 8:37 pm
by Jedidiah
Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
Posted: Sat May 20, 2023 8:38 pm
by Jedidiah
Multicolor Fibonacci Retracement Tool
Version: 1.14
Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
Hello im not sure if im posting on the correct topic ,can anyone please help me to find this system on the picture thank you
Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
Posted: Fri May 26, 2023 3:20 am
by Chickenspicy
Dre_NBA wrote: Fri May 26, 2023 2:58 am
Hello im not sure if im posting on the correct topic ,can anyone please help me to find this system on th/file.php?id=0&mode=view][i
It looks like a weekly or monthly adr with fibonacci or gann circle in the middle thats all
Nothing special really
Re: Please help find system
Posted: Sun May 28, 2023 12:50 pm
by Banzai
Dre_NBA wrote: Fri May 26, 2023 2:58 am
Hello im not sure if im posting on the correct topic ,can anyone please help me to find this system on the picture thank you
It looks like Fibo arc.
Tankk, a Russian coder, said:
iFibonacci BTN
this induk is based on standard repainting Zigzag..
i didn't test it carefully, but i think it will also repaint, recalculate....
multiple times = change UniqueID for each induk's copy.. or change one of these inputs: MaxBars, TimeFrame, ExtDepth, ExtDeviation, ExtBackstep instead...
Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
Please use this version.
I was able to make the golden fibo in gold colors.
They're fibo 38.2% and fibo 61.8%.
ChatGPT said:
In Forex trading, the Fibonacci retracement golden zone refers to a specific range of retracement levels based on the Fibonacci sequence. The Fibonacci sequence is a mathematical series in which each number is the sum of the two preceding ones: 0, 1, 1, 2, 3, 5, 8, 13, 21, and so on.
In terms of Forex trading, Fibonacci retracement levels are horizontal lines drawn on a price chart to indicate potential levels of support or resistance during a price correction. The most commonly used Fibonacci retracement levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
The golden zone, or the golden ratio, is derived from the Fibonacci sequence and is represented by the ratio of any number to the next higher number, which is approximately 0.618. The inverse of this ratio (1 - 0.618 = 0.382) is also considered significant in trading.
The Forex Fibonacci retracement golden zone typically refers to the range between the 38.2% and 61.8% retracement levels. This range is considered important because it often represents a significant area of support or resistance where price reversals or strong trends can occur.
Traders use the Fibonacci retracement levels and the golden zone as tools to identify potential entry and exit points, as well as to determine the strength of a price move. However, it's important to note that these levels are not infallible and should be used in conjunction with other technical analysis tools and indicators to make informed trading decisions.
MT4 is a little bit buggy. It can't display "F100%". But it can display "F76.4%". Strange!?!
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edit by Banzai, May 25, 2025,
Please download the new version over here: post1295566195.html#p1295566195
Thank you
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Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
Posted: Mon May 29, 2023 4:58 pm
by josi
Banzai wrote: Mon May 29, 2023 1:04 am
Please use this version.
I was able to make the golden fibo in gold colors.
They're fibo 38.2% and fibo 61.8%.
Thanks, man, at the moment they seem to be running side by side without conflict.
+
your golden zone already tries to do its thing:
(edit: and it finally worked nicely)