CandlesAutoFibo - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

The indicator constructs Fibonacci levels at candlestick highs and lows based on the time frame specified in the indicator parameters.

//+------------------------------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------------------------------+
Input ENUM_TIMEFRAMES time range = PERIOD_D1 ; //Indicator time range for calculating Fibonacci levels
Input unit Number of bars = 1 ; //Number of bars used to calculate Fibonacci levels
Input color Fibonacci color = gray gray ; //Fibonacci color
Enter double Fibonacci level 1 = 0.0 ; //Fibonacci level 1 value
Input color color_level1 = red blood cells ; // Color of Fibonacci level 1
Enter double Fibonacci Level 2 = 0.236 ; //Fibonacci Level 2 value
Input color color_level2 = clr dark violet ; // Color of Fibonacci level 2
Enter double Fibonacci level 3 = 0.382 ; //Fibonacci level 3 value
Input color color_level3 = orange-orange ; //Color of Fibonacci level 3
Enter double Fibonacci level 4 = 0.500 ; //Fibonacci level 4 value
Input color color_level4 = magenta ; // Color of Fibonacci level 4
Enter double Fibonacci level 5 = 0.618 ; //The value of Fibonacci level 5
Input color color_level5 = clear blue ; //The color of Fibonacci level 5
Enter double Fibonacci level 6 = 1.000 ; //Fibonacci level 6 value
Input color color_level6 = red blood cell ; // Color of Fibonacci level 6
Enter double Fibonacci level 7 = 1.236 ; //Fibonacci level 7 value
Input color color_level7 = clr dark violet ; //Color of Fibonacci level 7
Enter double Fibonacci level 8 = 1.382 ; //The value of Fibonacci level 8
Input color color_level8= orange-orange ; //Color of Fibonacci level 8
Enter double Fibonacci level 9 = 1.500 ; // Fibonacci level 9 value
Input color color_level9 = magenta ; //Color of Fibonacci level 9
Enter double Fibonacci level 10 = 1.618 ; //The value of Fibonacci level 10
Input color color_level10 = clear blue ; //The color of Fibonacci level 10
Enter double Fibonacci level 11 = 2.000 ; //Fibonacci level 11 value
Input color color_level11 = red blood cells ; // Color of Fibonacci level 11

Figure 1. CandlesAutoFibo indicator

Attachment download

📎 candlesautofibo.mq5 (31.79 KB)

Source: MQL5 #23286