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Hello everybody
i found this script (FX5_FiboSpiralScript) and it shows the fibo as spiral...
please take a look at FX5_FiboSpiralScript - MQL4 Code Base
can someone help me to know WHAT IS THE BEST USE OF IT??
thank you in advance
I am using the Fib retracement indicator quite successfully. This indicator plots fib lines on any time frame. I would appreciate if any body can help me modify with the following:
Should be able to plot the FIB lines of Higher Time frames onto a Lower Time Frames.
Example: When I place the Indicator on a Five Minute chart, I can see the FIB lines.
I should also be able to see the FIB lines of Higher Time Frames ( like 15min, 1 hr, 4hr, Day, Week) on five minutes too.
Please see attached Indicator.
I would like to pay for the services if any body is willing to code.
Thanks again for the help.
Rishi
Last edited by rishi; 10-24-2007 at 08:37 AM.
Reason: PS:
hi folks, i just would like to ask if you know of any "fibonacci level trailing stop script". i know that there's a trailing stop built-in in the metatrader, but it's based on 15pips, 25pips, etc...what i would like to do is to trail a stop according to fib levels(like 38.2% or 50% or 61.8%). is there such a script out there? thanks for any info. cheers.
Attached is an indicator improved by pips4life over at FF.
Original from Metaquotes works only for the retracement tool. This one automatically places price whether it is retracement or extention that you use on your chart.
there are 3 settings for this. just add to your chart and set if you want the original fib levels without price "0" Or the long version with price "1" or the brief version with price.
Linear Mode
