Float | Float | Forex Indicator Download - MT4/MT5 Resources | MT4/MT5 Download - MetaTrader 5 Resources

Float The Float indicator is a complex indicator that detects trend waves and applies Fibonacci/DiNapoli analysis to the trend waves. > Float is a complex indicator that detects trend waves and applies Fibonacci/DiNapoli analysis to them. ### Project Information - Programming Language: MQL5 - Star: 19 - Fork: 4 - License: Apache License 2.0 - Update Time: 2025-10-04T22:47:15Z ### Detailed Introduction# Float is a free custom indicator for MT4 and MT5 written by EarnForex.com. It was originally developed by Barry Stander. It detects major trend waves on a given number of bars and plots Fibonacci and DiNapoli levels between them. This indicator uses quote volume to analyze trends. You must realize that quote volume is a somewhat controversial tool in spot FX trading. More information about this custom MetaTrader indicator can be found here: Any contributions to the code are welcome! ### File download - Float.mq4 - Float.mq5 ### Source codeView GitHub repository