DislikedDoes anyone have the code for an indicator that only makes the fibonaccio of candle 1? To put it another way, when the zero candle starts to form, automatically draw the fibonacci only on candle 1. {image}Ignored
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What is the Differences between Fibonacci Fan and Fibonacci Arcs 15 replies
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DislikedHello, I am not a coder. I downloaded the indicator from mql5.com. Can anyone kindly help me to make change to it? I need the indicator always getting points from "Yesterday Low (0.0) to Yesterday High (100%) ONLY", for the calculation. The one attached now is based on Zig-Zag (the low and high always changing). Thank you in advance. Lin {file} {file} {image}Ignored
DislikedThe standard Fibonacci levels are: 0 % 23.6 % 38.2 % 50.0 % 61.8 % 100.0 % A sample fibo sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233 Each third number is the sum of the previous two numbers, eg, 13 + 21 = 34 or 21 + 34 = 55. 23.6 % is calculated as -> a fibo sequence number divided by 3rd number to right. eg. 21/89 = 0.236 x 100 = 23.6 % or 34/144 = 0.236 x 100 = 23.6 %. 38.2 % is calculated as -> a fibo sequence number divided by 2nd number to right. eg. 21/55 = 0.382 x 100 = 38.2 % or 34/89 = 0.382 x 100 = 38.2 %. 61.8 % is calculated...Ignored