MT4 Fibo Retracement Tool - How to show total number of pips? | Forex Factory

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MT4 Fibo Retracement Tool - How to show total number of pips?

  • #1
  • First Post: Oct 29, 2013 1:42am Oct 29, 2013 1:42am
Hi,

A thousand apologies if this has been covered somewhere else, but couldn't find anything after a diligent search.

What I'd like to know is there anyway to enable the MT4 fibo retracement tool to show me the total number (range)
of pips from 0 level to 100 level.

I know how to show individual prices on each level using %$, just wondering if there was some input
I could do that would show me the range.

Thanks to anyone who could guide me in the right direction on this.

Sunny
Healthy, Wealthy & Steady!!
  • #2
  • Oct 29, 2013 4:05am Oct 29, 2013 4:05am
Quoting SunnyFx2002
Hi, A thousand apologies if this has been covered somewhere else, but couldn't find anything after a diligent search. What I'd like to know is there anyway to enable the MT4 fibo retracement tool to show me the total number (range) of pips from 0 level to 100 level. I know how to show individual prices on each level using %$, just wondering if there was some input I could do that would show me the range. Thanks to anyone who could guide me in the right direction on this. Sunny
No you would need to write a custom tool to do that MT does not have the option
  • #3
  • Oct 29, 2013 5:08am Oct 29, 2013 5:08am
Quoting MaxDoom
{quote} No you would need to write a custom tool to do that MT does not have the option
Thanks for the clarification MaxDoom.

I guess I'll make do with the current tool for now and use the info that pops up when I select one of the ends.

Appreciate you taking the time to reply.

Cheers
Healthy, Wealthy & Steady!!
  • #4
  • Oct 29, 2013 6:32am Oct 29, 2013 6:32am
Quoting SunnyFx2002
Hi, A thousand apologies if this has been covered somewhere else, but couldn't find anything after a diligent search. What I'd like to know is there anyway to enable the MT4 fibo retracement tool to show me the total number (range) of pips from 0 level to 100 level. I know how to show individual prices on each level using %$, just wondering if there was some input I could do that would show me the range. Thanks to anyone who could guide me in the right direction on this. Sunny
Try this, click down on the mouse wheel to bring up the crosshairs on the chart, move the crosshairs over to the 100 level then hold down the left mouse button and drag it to the 0 level it will show you the number of candles and pips between those two points.
Trade what you see not what you hope
  • #5
  • Oct 29, 2013 6:56am Oct 29, 2013 6:56am
Try this.
HTH.


You will need to name the fib that you want "Fib1"
(Right click on Fib/ Common tab/ Name)

M.
Attached File(s)
File Type: mq4 mn Fibo Size.mq4   2 KB | 1,587 downloads
If you think I'm mad, I must be mad
  • #6
  • Oct 30, 2013 2:37am Oct 30, 2013 2:37am
Quoting cja
{quote} Try this, click down on the mouse wheel to bring up the crosshairs on the chart, move the crosshairs over to the 100 level then hold down the left mouse button and drag it to the 0 level it will show you the number of candles and pips between those two points.
Thanks CJA. You helped me out heaps last time and appreciate your instruction yet again.

May consistent profits always flow your way.
Healthy, Wealthy & Steady!!
  • #7
  • Oct 30, 2013 2:47am Oct 30, 2013 2:47am
Quoting futurespec
Try this. HTH. You will need to name the fib that you want \"Fib1\" (Right click on Fib/ Common tab/ Name) M. {file}
Wonderful futurespec.

I've got no idea how you do that but it works a treat.

Really appreciate you taking the time to help me.

I'm guessing that if I had 2 fibs on my chart I wouldn't be able to see the range size of both?

It's rare that I'll be running 2 fibs but thought I'd ask.

Anyway, great work and may consistent profits flow your way although I'm sure they already do
Healthy, Wealthy & Steady!!
  • #8
  • Oct 30, 2013 5:01pm Oct 30, 2013 5:01pm
futurespec, thanks for your help, I was also looking for this.

However I was not able to make it work - will the number of pips appear once you change the Fibonacci name to Fib1?

We just need to add the *.mq4 file to the scripts folder, right?

thanks!
  • #9
  • Oct 30, 2013 5:56pm Oct 30, 2013 5:56pm
I think you can also drop the fib retracement tool onto your chart, once you have placed it, by dragging the little rectangle at the end of the object line with the left button of your mouse, the number of bars & the range in pips is shown at that point. Similar to the crosshair tool.
It never gets easier, you just get better
  • #10
  • Oct 31, 2013 4:27am Oct 31, 2013 4:27am
I got it working. you need to add it as an indicator.
Thanks everyone!
  • #11
  • Edited 7:44am Oct 31, 2013 5:36am | Edited 7:44am
Not noticed the posts :-( ...........

Paul ... Yep sorry thought it was obvious that it is an indi and needs to go in your indis folder.

Sunny ... added for 2nd fib

M.

EDIT : The 2nd Fib needs to be named "Fib2"
Attached File(s)
File Type: mq4 mn Fibo Size.mq4   2 KB | 1,428 downloads
If you think I'm mad, I must be mad
  • #12
  • Last Post: May 2, 2017 12:50am May 2, 2017 12:50am
Thank to landlord @sunnyfx2002 for asking

and

Many thanks to @futurespec for coding

very used full and fill my need
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