Hi all.
I've made my own fibs in the mt4, but as they're not indicators I need to painstakingly drag them from one chart to another.
What they are are normalish fibs with fib extensions already on them. Very handy for trading and for quickly running over the charts to see if price has been obeying fibs.
I use one on the
Daily Chart in red
4H Chart in orange
1H Chart in green
Swing in goldenrod
I drag them all from high to low
The levels are the same for them all:
3.1167 Swing Long Target 4 %$ (Same as FE 261.8)
2.1183 Swing Long Target 3 %$ (Same as FE 161.8)
1.5 Swing Long Target 2 %$ (Same as FE 100)
1.1182 Swing Long Target 1 %$ (Same as FE 61.8)
0.809 Swing R1 %$
0.618 Swing Long %$
0.5 Swing Pivot %$
0.382 Swing Short %$
0.191 Swing S1 %$
-0.1182 Swing Short Target 1 %$ (Same as FE 61.8)
-0.5 Swing Short Target 2 %$ (Same as FE 100)
-1.1183 Swing Short Target 3 %$ (Same as FE 161.8)
-2.1167 Swing Short Target 4 %$ (Same as FE 261.8)
If you don't get where I'm coming from, have a look at the chart and see my fib lining up with the extensions I placed next to them.
I'd be eternally grateful if someone could code this in mq4, even just the Swing fib. I'm optimistic I could alter it for D, H4 and H1, and post them back here for anybody who wants them.
Also, with so many chart colours out there, it would be handy to let the user choose the colour of the fibs.
All help would be greatly appreciated
I've made my own fibs in the mt4, but as they're not indicators I need to painstakingly drag them from one chart to another.
What they are are normalish fibs with fib extensions already on them. Very handy for trading and for quickly running over the charts to see if price has been obeying fibs.
I use one on the
Daily Chart in red
4H Chart in orange
1H Chart in green
Swing in goldenrod
I drag them all from high to low
The levels are the same for them all:
3.1167 Swing Long Target 4 %$ (Same as FE 261.8)
2.1183 Swing Long Target 3 %$ (Same as FE 161.8)
1.5 Swing Long Target 2 %$ (Same as FE 100)
1.1182 Swing Long Target 1 %$ (Same as FE 61.8)
0.809 Swing R1 %$
0.618 Swing Long %$
0.5 Swing Pivot %$
0.382 Swing Short %$
0.191 Swing S1 %$
-0.1182 Swing Short Target 1 %$ (Same as FE 61.8)
-0.5 Swing Short Target 2 %$ (Same as FE 100)
-1.1183 Swing Short Target 3 %$ (Same as FE 161.8)
-2.1167 Swing Short Target 4 %$ (Same as FE 261.8)
If you don't get where I'm coming from, have a look at the chart and see my fib lining up with the extensions I placed next to them.
I'd be eternally grateful if someone could code this in mq4, even just the Swing fib. I'm optimistic I could alter it for D, H4 and H1, and post them back here for anybody who wants them.
Also, with so many chart colours out there, it would be handy to let the user choose the colour of the fibs.
All help would be greatly appreciated