MT4 / 029

Fibonacci retracement

Overview

Fibonacci retracement · MT4

Platform: MetaTrader 4 · Main chart

  • Channel settings: scan range, width or ray extension.
  • Threshold: sets a filtering or triggering level.
  • Display settings: curves, level lines or chart markers.

1. Indicator in use

Fibonacci retracement · Indicator in use
Screenshots retain the software’s original interface text. The explanations below use the selected page language.Click the image to view full size

2. Parameter settings

Fibonacci retracement · Parameter settings
Screenshots retain the software’s original interface text. The explanations below use the selected page language.Click the image to view full size
ParameterDefaultHow to use
Parameter · Channel settingsDefault25How to useChannel settings: scan range, width or ray extension.
Parameter · ThresholdDefault3How to useThreshold: sets a filtering or triggering level.
Parameter · Channel settingsDefault2How to useChannel settings: scan range, width or ray extension.
Parameter · Display settingsDefault—How to useDisplay settings: curves, level lines or chart markers.

Installation and use

Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.

MT4 · Indicators

¥20.00

Indicator file delivery with installation and usage guidance.

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