Here is a very neat little indicator that I had written to help me with another manual strategy that I am busy with.

It draws the last two valid fibs on the chart in different colours.
I find it most helpful to know where the pivots are from the previous biggest Fib as well as the current ones, for if they happen to line up or are close together then you can trade with a lot more certainty.

Thanks for pointing this thread out to me Steven, much appreciated.

Cheers
FatCat

Attached Files

FibMark.mq4 (12.6 KB, 1054 views)

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FatCat