Update: Latest version 1.14
I've had a few requests to share my multicolor fibonacci retracement tool which I use in my personal trading.
All this tool does is give you more control over the appearance of your fibonacci objects. It doesn't automatically draw them for you or anything like that.
You will need to add FibTool2.ex4 into your Indicators folders. You add it to your chart and leave it there like any other indicator.
In the options, you can specify different colors, widths and styles for up to 10 different levels:
You can also decide if you want the price to be displayed.
Once the indicator is added, you will see a small toggle button to open the control panel:
Your 10 preset levels will appear in the control panel. Clicking will turn each one on/off.
Whatever you set in the control panel will take effect on the next fib you create or move.
I've had a few requests to share my multicolor fibonacci retracement tool which I use in my personal trading.
All this tool does is give you more control over the appearance of your fibonacci objects. It doesn't automatically draw them for you or anything like that.
You will need to add FibTool2.ex4 into your Indicators folders. You add it to your chart and leave it there like any other indicator.
In the options, you can specify different colors, widths and styles for up to 10 different levels:
You can also decide if you want the price to be displayed.
Once the indicator is added, you will see a small toggle button to open the control panel:
Your 10 preset levels will appear in the control panel. Clicking will turn each one on/off.
Whatever you set in the control panel will take effect on the next fib you create or move.