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Thread: Automatic Fibonacci Retracement

  1. #1
    FxIndia Administrator Invest_Master's Avatar
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    Default Automatic Fibonacci Retracement

    Hi,
    This is automatic Fibonacci Retracement Indicator. You don't have to set it up. Just put it on your charts and it would automatically setup.

    I have attached a picture of the chart with Fibonacci Retracement.

    Please note:- U use this indicator on your own wishes. We recommend every indicator/expert advisor testing on demo account before going live.

    Regards,
    Invest_Master

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    how do I add this indicator ?

    I am confused.

  3. #3
    FxIndia Administrator Invest_Master's Avatar
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    Default

    Quote Originally Posted by mahanidhi View Post
    how do I add this indicator ?

    I am confused.
    You first need to download the file and then extract it. After extracting it you would get file "Fibo". Copy that file and then paste it the indicator folder in expert folder (where you have installed your MT).

    Example:
    D:\Forex Platforms\FxEgypt\experts\indicators

    After this start your MT and then go to Insert >Indicators>Custom>Fibo
    Now you would have Fibonacci on your charts.


    Regards,
    Invest_Master

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    FxIndia Administrator Invest_Master's Avatar
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    Default

    Here is another automatic Fibonacci Indicators that i found.

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    FxIndia Administrator Invest_Master's Avatar
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    Default

    Here is another which is known as Spud Fibo.

    Regards,
    Invest_Master

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    In Profit fxlamer's Avatar
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    Wow, so many indicators, so many toys to play with

    Thanks for all of them, I am gona defenately check them all out!

    Although I like to keep it simple, I am still working on which "simple" i am gona use.

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    In Profit junglelion's Avatar
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    Default

    I am new to fx, how do I use this indicator ?

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    FxIndia Administrator Invest_Master's Avatar
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    Default

    Quote Originally Posted by junglelion View Post
    I am new to fx, how do I use this indicator ?
    Mr Preet are you sure that you are new to Forex.

  9. #9
    Piplet yuanbao's Avatar
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    Default

    Quote Originally Posted by Invest_Master View Post
    Here is another automatic Fibonacci Indicators that i found.
    Thanks for your sharing about this Fibonacci indicators.

    Cheers

  10. #10
    Piplet yuanbao's Avatar
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    Quote Originally Posted by Invest_Master View Post
    Here is another which is known as Spud Fibo.

    Regards,
    Invest_Master
    Hi Invest_Master,
    Once I download the .rar file, I can't open it after I save in my "expert" file.
    I can only open MetaQuotes Language 4 File.
    Could you help me to open the .rar file?
    Thanks

  11. #11
    FxIndia Administrator Invest_Master's Avatar
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    Default

    Quote Originally Posted by yuanbao View Post
    Hi Invest_Master,
    Once I download the .rar file, I can't open it after I save in my "expert" file.
    I can only open MetaQuotes Language 4 File.
    Could you help me to open the .rar file?
    Thanks
    You need to extract the file from the .rar file. After you do it follow the instructions i have mentioned above and then you should be able to use them.

    Regards,
    Invest_Master

  12. #12
    Piplet yuanbao's Avatar
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    Default

    Quote Originally Posted by Invest_Master View Post
    You need to extract the file from the .rar file. After you do it follow the instructions i have mentioned above and then you should be able to use them.

    Regards,
    Invest_Master
    Okay, got it.
    Thanks.

  13. #13
    In Profit Successfx's Avatar
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    Default

    Quote Originally Posted by junglelion View Post
    I am new to fx, how do I use this indicator ?

    Preet you are always in a funny mood...
    If you are new to forex...then i am yet to know what forex is?
    LOL..........

    Invest_master Thanks for the collection of fibo indicators....
    Last edited by Successfx; 12-20-2007 at 02:22 PM.

  14. #14
    ananth85
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    Default

    This indicator is good. I think it is 24 period indicator for PERIOD_H1. But, i`m anyway comfortable with my own ways, since this wouldn`t include many other calculations, that are done manually.

  15. #15
    Bullish
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    Default

    Fibonacci is always a great indicator, it helps in analyzing the levels of retracement etc

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