Multicolor Fibonacci Retracement Tool | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Manual (non auto) Fibonacci retracement tool needed 9 replies

MT4: Script/Tool for different Fibonacci Retracement Settings? 0 replies

Multicolor Fibonacci Retracement customize 0 replies

Fibonacci retracement tool 1 reply

Heat Map Multicolor 0 replies

Attachments: Multicolor Fibonacci Retracement Tool
Exit Attachments

Multicolor Fibonacci Retracement Tool

  • #141
  • Edited 3:17am Oct 31, 2017 3:07am | Edited 3:17am
Quoting photize
{quote} Great tool , many thanks I have been using it for an age but recently with the great colour coding I see I do not need the % descriptions would there be any chance to ad descriptions on/off like the prices switch , many thanks Pho
Hi Pho; You don't need any change in the hk's tool parameters to achieve what you want. All you need is to draw a fibo or select one you already have in your chart and then call its properties (by right click) & from it choose Fibo levels where then you select the Default button. In this stage you must define what fibo levels you use (under Level by using decimals) and next to each one of them (under Description) you can arrange how the data of each level would be appearing in its line. In general, if let's say for 50% (which under Level column must be defined as 0.5) you place in the Description this 50.0%% | %$ you'll get this 50% | price or for only the price you should add this %$ to get this price.
Hope this helps ... Cheers
  • #142
  • Oct 31, 2017 5:03am Oct 31, 2017 5:03am
this indicator doesn't show up on chart,is there any setting I should change or put on? please suggest.
  • #143
  • Edited 7:22am Oct 31, 2017 6:45am | Edited 7:22am
Quoting T4Trade
this indicator doesn't show up on chart,is there any setting I should change or put on? please suggest.
Hi T4Trade! Two reasons that I can imagine! A. Do you have the latest version of MT4; plus, do you have downloaded the latter version of the indicator which can be found in the first page of this thread? B. Is there a chance to have already installed in your charts one of the previous/outdated versions of the indicator &/or any other fibo indicator you might have from other source that could conflict with this one? If so, you should first uninstall any & all of them & then go for installation of the updated version of Fibtool3 (v. 1.10). Cheers

There could be one more .. but a rare one! This has to do with the colors you had pre-defined in Fibo Properties of your MT4 platform (prior installing the indicator). i.e. if those level lines were black used for a kind of white background chart & then you're trying to project them in a black background chart, & vice-versa for white ones, it's reasonable that you cannot see them; in this case the solution would be to go to your MT4 Fibo Properties and rearrange the colors in it or change the background of your chart to see if that can fix the problem.
  • #144
  • Nov 3, 2017 1:05am Nov 3, 2017 1:05am
Quoting bapakjason
Honestknave, I apologise in advance for asking this question here. I notice your PM function is disabled. I am just curious if you have come across a tick chart indi/ea that will allow creating candles with designated number of ticks (ex: 266, 400, etc.) ? Thank you for a moment of your time. -Jason
There is a fantastic one over at ovo.cz, the owner Milan is just the most helpful and the ticks are fab, there's a free trial and the indicator is extremely affordable, give it a try you will not look back, don't forget the remote on chart for easy changing of parameters.
Happy pipping
Pho
Not affiliated just appreciative.
  • #145
  • Nov 3, 2017 6:45am Nov 3, 2017 6:45am
Quoting pantelist
{quote} Hi Pho; You don't need any change in the hk's tool parameters to achieve what you want. All you need is to draw a fibo or select one you already have in your chart and then call its properties (by right click) & from it choose Fibo levels where then you select the Default button. In this stage you must define what fibo levels you use (under Level by using decimals) and next to each one of them (under Description) you can arrange how the data of each level would be appearing in its line. In general, if let's say for 50% (which under Level...
Hi pantelist
Has no effect as only the 0 fib shows , when clicked fibtool replaces the desription
normal fibs of course it does.
thanks
Pho
  • #146
  • Nov 9, 2017 12:20pm Nov 9, 2017 12:20pm
Quoting photize
{quote} Hi pantelist Has no effect as only the 0 fib shows , when clicked fibtool replaces the desription normal fibs of course it does. thanks Pho
Hi Pho, I'm not sure I understand where exactly is the problem for this. I had it myself way back in the past for a previous FibTool3 release but that was a problem due to incompatibility with the next update of the MT4 at the time & gone away after hk very rapidly had had it fixed. At the time being I have FibTool3 (version 1.10) installed & working good with my MT4 (version 4.00 Build 1090) with only a sort of a minor bug when in white background charts. There is a possibility though where you might not had taken the steps in the "right" sequence, but it could also be my clumsy quidance responsible for this .. lol. I'd suggest to watch two videos I'd uploaded in the past for some friends we're using the same trading method but you can watch there what I do & hopefully you'll manage then to overcome this issue.
One video is about how we can define the levels & in the other you can see at some point (forward it to 19'45'') about the bug in white charts & how I fix it every time it happens.

  1. Inserted Video
  2. Inserted Video

Cheers

  • #147
  • Nov 9, 2017 12:33pm Nov 9, 2017 12:33pm
Quoting pantelist
{quote} Hi Pho, I'm not sure I understand where exactly is the problem for this. I had it myself way back in the past for a previous FibTool3 release but that was a problem due to incompatibility with the next update of the MT4 at the time & gone away after hk very rapidly had had it fixed. At the time being I have FibTool3 (version 1.10) installed & working good with my MT4 (version 4.00 Build 1090) with only a sort of a minor bug when in white background charts. There is a possibility though where you might not had taken the steps in the "right"...
Currently out but just a thought it might be the fact I saved and restored a fibtool profile , it maybe in there I will check thanks Pho
  • #148
  • Nov 9, 2017 12:46pm Nov 9, 2017 12:46pm
Quoting photize
{quote} Currently out but just a thought it might be the fact I saved and restored a fibtool profile , it maybe in there I will check thanks Pho
Yes, it could be a possibility for that .. try a clean indi installation to a new chart
Also, bear in mind that after you define the fibo properties for Default in your MT4 this stays in the memory for as long as you do not for any reason call the properties again. In this case the Default returns to the initial settings and you have to repeat the whole process again.
Cheers
Pantelis
  • #149
  • Dec 25, 2017 4:47pm Dec 25, 2017 4:47pm
Version: 1.11

Expiry: 31 December 2018

Wishing success to all!
Attached File(s)
File Type: ex4 FibTool3.ex4   90 KB | 2,643 downloads
  • #150
  • Dec 26, 2017 6:08am Dec 26, 2017 6:08am
Quoting honestknave
Version: 1.11 Expiry: 31 December 2018 Wishing success to all! {file}
Many thanks and a prosperous Piptastic new year Pho
  • #151
  • Dec 26, 2017 12:32pm Dec 26, 2017 12:32pm
Quoting honestknave
Version: 1.11 Expiry: 31 December 2018 Wishing success to all! {file}
Much appreciated honestknave! I wish you have a great 2018
  • #152
  • Dec 27, 2017 1:35am Dec 27, 2017 1:35am
Many thanks honestknave,

I do hope you have a great 2018.

Cheers
  • #153
  • Jan 31, 2018 10:05pm Jan 31, 2018 10:05pm
Quoting honestknave
Version: 1.11 Expiry: 31 December 2018 Wishing success to all! {file}
Hello honestknave! in first place I want to say thank you very much for this great tool, and sorry my english.

So, I w'd like to ask a thing. I perceived that every time that I drawing the fibo retraction and extension with FibTool3.ex4, the extension mode of the fibo change the direction that I setted previous.

I posted a picture of the fibo retraction and extension drawed with FibTool (exemple A). The exemple B of the picture, it's as I w'd like it.
I would like that when I drawing the fibo retraction and extension, the direction of the fibo extension do not change, like in the exemple B of the picture.

Can you to fix this?

I will be very grateful!

Attached Image (click to enlarge)
Click to Enlarge Name: fibo.JPG Size: 109 KB
  • #154
  • Feb 2, 2018 6:58am Feb 2, 2018 6:58am
Quoting pantelist
{quote} Hi honestknave & very much obliged for all your help my friend. Just tried the new ex4 version for Fibtool2 you've uploaded and by a quick glance it seems that it is working like a charm .. again I will work closely with it in the coming days and if any "malfunction" occurs, I'll let you know. I'll try also the FibTool3 but only to see if suits me better & not for its Fib expansion feature as I don't use this to my trading. I only need the Fibo Retracement feature and from it just a few levels (I am modifying some of yours manually...
You helped me to resolve my problem. Thanks!
  • #155
  • Feb 2, 2018 7:06am Feb 2, 2018 7:06am
Quoting mentms
{quote} Hello honestknave! in first place I want to say thank you very much for this great tool, and sorry my english. So, I w'd like to ask a thing. I perceived that every time that I drawing the fibo retraction and extension with FibTool3.ex4, the extension mode of the fibo change the direction that I setted previous. I posted a picture of the fibo retraction and extension drawed with FibTool (exemple A). The exemple B of the picture, it's as I w'd like it. I would like that when I drawing the fibo retraction and extension, the direction of the...
My problem was resolved modifying the value of extension levels of the FibTool3 like in this link: https://charts.mql5.com/9/57/eurusd-...ri-limited.png.
Thanks!
  • #156
  • Mar 25, 2018 4:49pm Mar 25, 2018 4:49pm
Thank you honestknave

This is a great Fib alert its exactly what I'm looking for.

What happens after expiry date though......

Gio
  • #157
  • Mar 26, 2018 12:54pm Mar 26, 2018 12:54pm
Quoting gio.gee
Thank you honestknave This is a great Fib alert its exactly what I'm looking for. What happens after expiry date though...... Gio
Hi Gio. The Developer so far uploads the new version just in time & before expiration.
I'd suggest to save your preferred level adjustments because when that time comes, (a) first, the to be expired version has to be removed from all charts is in, (b) then, the new version should be installed in the preferred charts & (c) finally, the previously saved fibotool adjustments should be loaded again in order to have the levels you use intact & ready to work immediately.
Hope that helps
Pantelis
  • #158
  • Mar 26, 2018 1:03pm Mar 26, 2018 1:03pm
nice 1 pantelist thaks for the update.
  • #159
  • Mar 26, 2018 1:04pm Mar 26, 2018 1:04pm
Quoting gio.gee
nice 1 pantelist thaks for the update.
np pal .. glad to help whenever I can ... cheers & always mind risk!
  • #160
  • May 15, 2018 8:18pm May 15, 2018 8:18pm
I recently joined the Fibstalker community and I've gone through this thread and video's. I want to ask pantelist a favour: If he could upload or email me the latest white and black templates and Fibtool3 with presets he is using at the moment. It is not totally clear how to set these presets. This would give me a quick start and I will get to know things from there.
Many thanks in advance for this.
1 trader viewing now