Hi all,
The very prolific coder Waddah Attar created a fantastic but simple little indicator which adds price info to each line of a Fibonacci Retracement object. His original version of Set_Fibo_Price_Any.mq4 is found at: http://codebase.mql4.com/1003
However, I created Set_Fibo_Price_Any_V2.mq4, which enhances his already great tool by adding prices to Fibo Expansion objects as well. I also added an option to use a slightly more compact format, or you can use his original format. When you add multiple fibos to a chart, or use small chart windows, the more compact format is a slight advantage. Waddah's format is perhaps slightly more readable, but either one works fine.
Example:
Current fibo retracement lines (TextStyle = 0) are marked with level only:
61.8
Compact format (TextStyle = 2) gives both the level AND price:
61.8 234.67
Waddah's original text style (TextStyle = 1) labels the line as:
(61.8) - 234.67
Similarly, Fibo Expansion lines will have labels like:
Standard format:
FE 61.8
Compact format with price:
FE 61.8 234.67
Waddah's original format:
FE (61.8) - 234.67
Pips4life
P.S.
Instructions: As with any indicator, copy the mq4 file to directory:
C
rogram Files_your_MT4_name_here_expertsindicators
Compile using MetaEditor which will create the .ex4 file in the same directory. My compiled .ex4 file is attached for your convenience.
See further notes and instructions inside the .mq4 file.
-----------------------------------------------
FYI, see also: Collection of programs by pips4life
-----------------------------------------------
The very prolific coder Waddah Attar created a fantastic but simple little indicator which adds price info to each line of a Fibonacci Retracement object. His original version of Set_Fibo_Price_Any.mq4 is found at: http://codebase.mql4.com/1003
However, I created Set_Fibo_Price_Any_V2.mq4, which enhances his already great tool by adding prices to Fibo Expansion objects as well. I also added an option to use a slightly more compact format, or you can use his original format. When you add multiple fibos to a chart, or use small chart windows, the more compact format is a slight advantage. Waddah's format is perhaps slightly more readable, but either one works fine.
Example:
Current fibo retracement lines (TextStyle = 0) are marked with level only:
61.8
Compact format (TextStyle = 2) gives both the level AND price:
61.8 234.67
Waddah's original text style (TextStyle = 1) labels the line as:
(61.8) - 234.67
Similarly, Fibo Expansion lines will have labels like:
Standard format:
FE 61.8
Compact format with price:
FE 61.8 234.67
Waddah's original format:
FE (61.8) - 234.67
Pips4life
P.S.
Instructions: As with any indicator, copy the mq4 file to directory:
C
rogram Files_your_MT4_name_here_expertsindicatorsCompile using MetaEditor which will create the .ex4 file in the same directory. My compiled .ex4 file is attached for your convenience.
See further notes and instructions inside the .mq4 file.
-----------------------------------------------
FYI, see also: Collection of programs by pips4life
-----------------------------------------------
