MT5 / 029
Fibonacci retracement
Overview
Fibonacci retracement · MT5
Platform: MetaTrader 5 · Main chart
- Calculation period: the number of bars used by the indicator.
- Threshold: sets a filtering or triggering level.
1. Indicator in use

2. Parameter settings

| Parameter | Default | How to use |
|---|---|---|
| ExtDepth | Default25 | How to useCalculation period: the number of bars used by the indicator. |
| ExtDeviation | Default3 | How to useThreshold: sets a filtering or triggering level. |
| ExtBackstep | Default2 | How to useCalculation period: the number of bars used by the indicator. |
Installation and use
Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.
MT5 · Indicators
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Indicator file delivery with installation and usage guidance.
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