Fibonacci Time Extension Tool | Forex Factory

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Fibonacci Time Extension Tool

  • #1
  • First Post: Edited Mar 2, 2019 6:11am Mar 1, 2019 2:45pm | Edited Mar 2, 2019 6:11am
Hi there,

I noticed that MT4 offers the Fibonacci Time Zones indicator, but it only allows you to choose two points to make the calculation.

I was reading a book that uses the fibo time projection too (which uses three anchor points to make the calculation). So it add to the clusters.

Does anyone have this indicator to share here? Thanks
  • #2
  • Mar 3, 2019 1:15am Mar 3, 2019 1:15am
Time Projection Pattern is also used in Dynamic Trader plateform
This attached indicator may be not as friendly as DT tool
Attached File(s)
File Type: mq4 FiboTimeZone_Extension.mq4   2 KB | 1,626 downloads
  • #3
  • Mar 3, 2019 8:37am Mar 3, 2019 8:37am
Quoting paulselvan
Time Projection Pattern is also used in Dynamic Trader plateform This attached indicator may be not as friendly as DT tool {file}
Thanks mate!!

Best Regards,

Gauer


I find it shocking that we don't have more customizable fibonacci tools available, not even for sale.

For example, it would be much easier if at the indicator options we had tick boxes to choose which ratios to display, plus choose the colors for the ratios

Another feature that would save a lot of time is double clicking to delete any ratios on the chart you don't wanna see or are already invalid, this way you wouldn't need to keep entering and exiting indicator options all the time.
  • #4
  • Mar 22, 2019 7:22am Mar 22, 2019 7:22am
Quoting paulselvan
Time Projection Pattern is also used in Dynamic Trader plateform This attached indicator may be not as friendly as DT tool {file}
My friend, do you happen to have another fibonacci time zones indicator, I mean, one where you can add and remove the ratios you want, and the indicator actually displays the ratios? (The one that comes with MT4 is crap, you can't choose the ratios and it displays a numerical sequence (1,2,3,4, etc..) instead of the ratios).
  • #5
  • Edited 4:29pm Mar 22, 2019 4:12pm | Edited 4:29pm
Quoting Gauer
{quote} My friend, do you happen to have another fibonacci time zones indicator, I mean, one where you can add and remove the ratios you want, and the indicator actually displays the ratios? (The one that comes with MT4 is crap, you can't choose the ratios and it displays a numerical sequence (1,2,3,4, etc..) instead of the ratios).
Choose red Fibonacci time zone tool - by double right clicking
Then Left-click in
Goto its Properties>Fibo Levels where you can add or delete any ratio you want
On this screenshot only 0, 0.5, 0.618 , 1 and 1.618 ratios are displayed:
Attached Image (click to enlarge)
Click to Enlarge Name: Sans titre 2.png Size: 79 KB

I hope that answers your question
  • #6
  • Mar 22, 2019 6:15pm Mar 22, 2019 6:15pm
Excellent, thanks!
  • #7
  • Last Post: Sep 11, 2025 4:33am Sep 11, 2025 4:33am
Hello, I have a problem with adding an indicator to a chart. After changing the time interval, the data is not saved on the chart. Please help.
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