SetColorFiboLevels_Grand_xN - MetaTrader 5 script
This script builds a Fibonacci levels graphical object, you can choose the number of segments to implement this function, the following input parameters have been added to the external variables of the script:
Input unit Fibonacci total = 6 ; // Amount above or below Fibonacci levels
Figure 1. Results of the script SetColorFiboLevels_Grand_xN
Attachment download
📎 setcolorfibolevels_grand_xn.mq5 (33.63 KB)
Source: MQL5 #23599
SetColorFiboLevels_Grand_xN - MetaTrader 5 script usage and filtering recommendations
SetColorFiboLevels_Grand_xN - MetaTrader 5 scripts are resources related to trading scripts. 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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