PipTick Fibo
PipTick Fibo indicator allows to automatically display the Fibonacci retracement levels which represent significant support and resistance. The range for calculation of the indicator can be taken from the previous day, week, month, year, or user-specified session.
Levels
- 100 % (High) of the range from previous session
- 0 % (Low) of the range from previous session
- 76,4 % of the range from previous session
- 61,8 % of the range from previous session
- 50 % of the range from previous session
- 38,2 % of the range from previous session
- 23,6 % of the range from previous session
- 138,2 % of the range from previous session
Recommendations
- It is very useful to insert multiple copies of our indicator into the chart and watch the levels from daily, weekly and monthly sessions. They tend to work very well as a strong support and resistance levels.
Main Features
- The indicator shows the Fibonacci of the range from the previous session
- Six user-definable levels
- Alert notifications for indicator lines
- Custom session time
- Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN)
- The indicator is non-repainting
- Ready for backtesting
- Customizable parameters (Colors, Line thickness, Visibility...)
- Very fast calculation
- Available for MT4 and MT5
Input Parameters
- Session_Mode - Allows choosing between Daily, Weekly, Monthly, Yearly, and Custom Session mode
- Session_Start_Hour - Allows setting start hour if the session time mode is set. In other cases the parameter is ignored
- Session_Start_Minute - Allows setting start minute if the session time mode is set. In other cases the parameter is ignored
- Session_End_Hour - Allows setting end hour if the session time mode is set. In other cases the parameter is ignored
- Session_End_Minute - Allows setting end minute if the session time mode is set. In other cases the parameter is ignored
- Sessions_Back - Allows setting the number of sessions to display. When the value is zero, all sessions are displayed
- Text_Size - Text size of the indicator levels
- Level_1_Value - Allows setting retracement 1 value
- Level_2_Value - Allows setting retracement 2 value
- Level_3_Value - Allows setting retracement 3 value
- Level_4_Value - Allows setting retracement 4 value
- Level_5_Value - Allows setting retracement 5 value
- Level_6_Value - Allows setting retracement 6 value
- Visibility_Line_Description - Allows enabling or disabling displaying of the description of lines
- Visibility_Level_100 - Allows enabling or disabling displaying of the previous session high line
- Visibility_Level_0 - Allows enabling or disabling displaying of the previous session low line
- Visibility_Level_1 - Allows enabling or disabling displaying of the retracement level 1 line
- Visibility_Level_2 - Allows enabling or disabling displaying of the retracement level 2 line
- Visibility_Level_3 - Allows enabling or disabling displaying of the retracement level 3 line
- Visibility_Level_4 - Allows enabling or disabling displaying of the retracement level 4 line
- Visibility_Level_5 - Allows enabling or disabling displaying of the retracement level 5 line
- Visibility_Level_6 - Allows enabling or disabling displaying of the retracement level 6 line
- Color_Level_100 - Color of the previous session high line
- Color_Level_0 - Color of the previous session low line
- Color_Level_1 - Color of the retracement level 1 line
- Color_Level_2 - Color of the retracement level 2 line
- Color_Level_3 - Color of the retracement level 3 line
- Color_Level_4 - Color of the retracement level 4 line
- Color_Level_5 - Color of the retracement level 5 line
- Color_Level_6 - Color of the retracement level 6 line
- Alert - Allows enabling or disabling alert notifications when the market touches one of the indicator lines
- Alert_Sound - Allows choosing the alert sound
Output Parameters
- Level_100 - Value of the high of range
- Level_0 - Value of the low of range
- Level_1 - Value of the retracement level 1
- Level_2 - Value of the retracement level 2
- Level_3 - Value of the retracement level 3
- Level_4 - Value of the retracement level 4
- Level_5 - Value of the retracement level 5
- Level_6 - Value of the retracement level 6
Screenshots
Purchase
All our products are available in the MQL5 market.