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Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

641 by Jedidiah
"FiboCalc button" that leads to entries with the previous day's high and low + Fibonacci

It will tell you all the stop loss and profit points

It is an indicator that shows the entry point and the rate of profit taking / loss cut taking into account the direction of the previous day's high and low prices and the trend up to that point.

In order to use the data up to the previous day, it will be a signal once a day for each currency pair.

Since the entry, loss cut, and settlement rates are fixed at the beginning of the day, IFO orders are also possible. (“Buy Level” or “Sell Level” is the entry rate, “Stoploss level” is loss cut, and Profit Target 1, 2, 3 is profit taking.)

The information displayed on the upper left of the chart also shows the entry and exit rates, and the risk reward for profit taking is known in advance.

It's a very convenient indicator.
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Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21

Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

642 by Jedidiah
Jedidiah wrote: Mon May 15, 2023 5:45 pm "FiboCalc button" that leads to entries with the previous day's high and low + Fibonacci
Banzai wrote: Fri Jul 24, 2020 10:08 am OK, a coder showed me how to fix it.
Please download this new version 1.02.
Look like it's working for now.
Image
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Kayleb
Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21

Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

643 by Jedidiah
amdudus wrote: Sat May 05, 2018 9:18 pm Universal ZigZag Channel
As you know that there are a lot of kinds of ZigZags and ZigZag's strategies. But not all of you know that the ZigZag itself has 2 channels: outside and inside. The outside channel can be used as stop loss levels and as profit targets, the inside channel - as trailing stop and for precise entries.
So please take a look at the advanced UniZigZagChannel_v2.4 600+which has both channels plus Buy/Sell signals with advanced Box alerts.
Also you can apply 4 methods to build ZigZag by using 3 parameters ReversalValue, RetraceMethod and ATRperiod:
periodic (eg. ReversalValue=12, RetraceMethod=0)
percent (eg. ReversalValue=0.5, RetraceMethod=1)
in pips (eg. ReversalValue=20, RetraceMethod=2)
ATR's multiplier (eg. ReversalValue=3, RetraceMethod=3,ATRperiod=50)
Image

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Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21

Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

644 by maroka
Rox wrote: Thu Dec 03, 2020 2:47 am This is one of the best pivot point indicators I've found.
I also made a modification with the 4th level of resistance and support.

Features:

  • Pivot Points
  • Fibonacci retracements of the previous day's range
  • Open, high, low, and close of the previous day
  • Plots one period in the future for making tomorrow's trade plan
  • Price labels for all levels
  • Works on all time frames
  • Works with multiple instances on at the same time


Image
Thanks for this indi Rox.
@Mrtools, can you please add options for Fibonacci calculation?

If you could check this out too, it seems not to be functioning: viewtopic.php?p=1295414806#p1295414806
Thanks

Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

646 by Banzai


BOS - Break Of Structure
Price break through a higher high in a uptrend or break through a lower low in a down trend
(Trend Continueation)

CHOCH - Change of Character
Price break through a Higher low in a uptrend or Break through Lower High in a down trend
(Potential trend reversal)

My rating: 10 out of 10; recommended :thumbup: :In Love:
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Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

647 by Banzai
Graf Analysis
(on/off button)

Draw a daily Fibo from the High & Low of the previous day.
And then draw somediagonal trend lines based on the daily Fibo.
Look at the GREEN diagonal trend lines.
They're based on the High & Low of the daily Fibo.
The rest of the diagonal lines are GANN matrix lines.

Also, check out "#SpudFibo Daily BT 1.04.mq4"
viewtopic.php?p=1295476970#p1295476970

My rating: 8 out of 10; too many lines; some candles do rest on the diagonal trend lines; :thumbup: :In Love:
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LikeRe: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

648 by Banzai
Dadas True Trend
(on/off button)

coder: Dadas

In the M15 AUDCAD example below, the two horizontal red lines are BOS (Break of Structure).
They break out to the uptrend.

For more about BOS, check out this post:
viewtopic.php?p=1295512777#p1295512777

My rating: 10 out of 10; recommended :thumbup: :In Love:
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Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4

650 by mrtools
Jedidiah wrote: Fri May 19, 2023 4:57 pm Dear Mr Tools
I have an optimization request

1. Please add button
2. Please set exclusive color horizontal lines for 38.2 and 61.8 level FIBO lines.
3. Please add exclusive warnings for FIBO 38.2 and 61.8 levels
4. Is it possible to add FIBO Extensions line
Grateful
Was able to add the button. The rest don't think it's possible with fibs done the way they are done.
These users thanked the author mrtools for the post (total 6):
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