Description:
If you're looking to streamline your trading strategy, the Auto-Fibonacci indicator for MetaTrader 4 is a game changer. This nifty tool automatically generates a Fibonacci Retracement Object on your chart, keeping you in the loop with real-time updates.
You have the flexibility to choose between classic High/Low values or the less conventional Open/Close values. Simply set price_type: 0 for High/Low or 1 for Open/Close, and you’re good to go!
Additionally, you can customize the maximum number of bars to look back by adjusting the Band_period setting. This gives you the control you need to tailor the indicator to your trading style.
Indicator Settings:
Indicator settings (Band_period, price_type)
Color settings
Auto-Fibonacci - AUDUSD H1, Period=72
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