Hi/Low Fibonacci tool

I've tried a search and cannot find what I need. Can someone make or find a Fibonacci tool that draws using the previous day's Hi/Low and have it extend it into the current day? I would also need to add the 138.2 and 161.8 extensions added to both the top and bottom of the indicator as well. Any help would be appreciated.

Have you tried MT4 Fibonnacci Tool?

Just to see if MT4 picture is better?

Hanover will help you with any questions, out of my vouch league

Daily Boxes/Lines indicator

Here are couple, hope this serves your purpose.

No offense here, but you really asking a 4 1/2 year, 10V member if he's used the MT4 fib tool, really? Obviously I have, but I don't want to have to draw them manually every time.


Thanks, I think I can modify these to work.

Search for Spud Fibo, I may have still have it & will post it.

Hi mer071898,

see if this works for you.

SpudFibo adjusted to your requirements. Hope this OK.

Could someone please add these levels to spudfibo for me with the tags included if possible instead of the original levels, that would be terrific mmmk?


0 --------- Entry
1 --------- Entry
-0.5 ------ TP2
1.5 ------- TP2
0.236 ----- SL
0.764 ----- SL
1.25 ------ BE
-0.25 ----- BE
0.5 ------- BE

Thanks a bunch.

I'll take a look at it...........
Are you related to Bumba Clart ?

Don't use the spud fibo, use the standard fibo tool and type in the numbers as you have described them in the fibo levels tab in fibo properties. Unless you specifically want it to automatically load each day with the previous days High & Low.

Adjust the standard fibo by:
Double clicking on the line that extends from 0 level to 100 level, to highlight the 3 points on the line. Right click on one of the points to open fibo properties menu, then open the fibo levels tab.
Now type in the levels that you have described:

Level................... Description
0 ........................ Entry
1 .........................Entry
-0.5 .................... TP2
1.5 .......................TP2
0.236 ................... SL
0.764 ................... SL
1.25 .................... BE
-0.25 ................... BE
0.5 ...................... BE

Whatever you type in the description line you will get text on that line. By adding %$ will add the value of that line.
Once you click ok, the settings will be saved and you can use the fibo on any chart and drag the the 2 points to whichever highs & lows you like.

If you need the spud fibo altering let me know.

Its a long story but you are barking up the right tree.

I would like it to load to the previous days high/low automatically to be honest as its part of a system. and then i can keep the standard fib handy without having to change it all the time.

Much appreciated.

Made the modifications as per your settings. On the screenshot the left hand text is the standard fibs and the right is the spudfibo mod.

Hope it will be what you wanted.

You'll go far in life.
Thanks again.

It works perfectly.

thanks for that indi, i'm looking it for so long time as i'm 0 at programming, i would like to request that is it anyone can make the stoploss line as well as like post above and is it can make it to review the level not only for previous day but also can review couple previous days as well? TQVM

Thanks for sharing indicator Fibonacci-CompassFX-Daily, indikator so very good. But I need level 38.2% like fibonacci killer, so i have modify this indikator. Very good indicator.

@Miho,

Middle line added.

Very interesting. I marvel at how y'all can just sit down and write these things. Wish I could. What would be really sweet would be the ability to add our own custom levels as in the MT4 tool. ...

EDIT: I should mention I haven't used this yet so maybe it already does that? I'll see this morning.

There are 2 more "internal" levels and 12 more upper & 12 more lower levels already in the code that can be activated or modified, but only via
meta editor. If you need more fib lines let me know.