AUTOMATIC TREND AND FIBONACCI LEVEL DRAWING INDICATOR
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AUTOMATIC TREND AND FIBONACCI LEVEL DRAWING INDICATOR FOR METATRADER4 (MT4)
This indicator draws trendlines and fibonaccis. You can change the calculation timeframe so that you can draw trends from higher timeframes.
You can use multiple instances on one chart.
In the picture you can see 3 trendlines, Green=240 (H4), Lime = 60 (H1) and Blue = 5 (M5) and fibonacci on H4 timeframe
This indicator draws trendlines and fibonaccis. You can change the calculation timeframe so that you can draw trends from higher timeframes.
You can use multiple instances on one chart.
In the picture you can see 3 trendlines, Green=240 (H4), Lime = 60 (H1) and Blue = 5 (M5) and fibonacci on H4 timeframe
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