This is a very interesting tool. Actually, this is what got me looking for the metatrader software, when I saw a picture of it on another forum. Until then, I only used Intellichart software. I'm glad I did, as I now have tons of extra indicators. Wow!
But until stumbling on these posts, I didn't find the fibo spiral.
I now installed all files as instructed, and I can generate a fibo spiral in a chart.
BUT there is one big problem... It seems to be only possible to generate a spiral based on a ractangle that can only be placed in a fairly random way on the chart. Exactly as seen at
http://www.forex-tsd.com/indicators-metatrader-4/4282-how-draw-ellipse-shape-mt4.html (post 47).
Normally, it should be possible to put the corners of the rectangle on precise points in the chart, to get a spiral that is precise (as seen in the first post of this thread). But whatever I try, it seems impossible to drag the rectangle or its corners in any way, or to set its corners in other ways.
Also, when price changes, the spiral disappears... That would mean it's only useful when offline, or during weekends...
Does anyone know what to do to get these matters solved? Thanks in advance!
