Here is an interesting Fib tool for Meta trader.Like most meta traders are frustrated with default fib tool.Its rather sterile.
This fib indi shows price and color coded lines and you can modify to your liking.
How to use it.
1.Drop it on your chart
2.Draw a trend line
3.Open trend line property (right click on it)and name trend line name fib1 and next tick it will show very nice big clear fibs like this.
This fib indi shows price and color coded lines and you can modify to your liking.
How to use it.
1.Drop it on your chart
2.Draw a trend line
3.Open trend line property (right click on it)and name trend line name fib1 and next tick it will show very nice big clear fibs like this.
Attached File(s)
Fibo_Independence.mq4
13 KB
|
448 downloads
In trading, you have to be defensive and aggressive at the same time