XIT_FIBS - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
The XIT_FIBS indicator automatically draws Fibonacci lines on the current chart. Lines have retracement values and prices.
Simply attach the indicator to your chart and it will automatically place Fibonacci retracements on the highest and lowest visible bars on the chart. When the Fibonacci trend is up, the line is green; when the Fibonacci trend is down, the line is red.
Make sure "Autoscroll" is checked on the chart for the indicator to work properly.
Attachment download
📎 xit_fibs.mq4 (9.89 KB)
Source: MQL5 #10083
XIT_FIBS - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
XIT_FIBS - MetaTrader 4 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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