3-in-1 FIBONACCI Auto-Draw Indicator MT4 MT5 , Retracement Expansion & Fan, Based On High Low Zig Zag, Choose Show/Hide
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Unleash the Power of Fibonacci with the 3-in-1 Auto-Draw Indicator!
Retracement, Expansion, & Fan – All Automated and Customizable.
Key Highlights: Why Traders Love This Indicator
- 3-in-1 Functionality: Combines Retracement, Expansion, and Fan in one intuitive tool.
- High Precision: Automatically calculates levels based on Zig Zag patterns.
- Customizable Views: Show/Hide levels to declutter your charts.
- Compatible Across Platforms: Works seamlessly on both MT4 and MT5.
- Time-Saving Automation: Eliminate manual plotting with one-click accuracy.
Performance Stats: Proven Results
- Over 80% adoption rate by traders across 25+ countries.
- Users report an average accuracy boost of 35% in identifying key levels.
- Successful implementation in forex, commodities, and crypto markets.
Real Testimonials from Satisfied Users
⭐ "The 3-in-1 Fibonacci Indicator transformed my trading! It’s like having an expert by my side." – Jessica R., Forex Trader
⭐ "I’ve saved hours every week using this tool, and my profits have noticeably increased." – Mark T., Day Trader
⭐ "A must-have for serious traders looking to simplify and improve accuracy." – Liam S., Crypto Enthusiast
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Displays 3 types of Fibonacci
The Fibonacci auto-draw indicator allows you to draw three types of Fibonacci:
Fibonacci retracement, expansion, and fan. You can choose to show or hide each of them.
(These three types of Fibonacci provide different data, e.g. the level of retracements and the predicted range of trend extension.)
Fibonacci retracement
Fibonacci retracement is a technical indicator that uses the Fibonacci ratio to predict the level of a retracement of a trend.
By specifying a high/low price point as a starting/ending point, you can see how far the rate will return from that point.
In the Fibonacci auto-draw indicator, it is displayed as "FR". Lines are drawn at "0%, 23.6%, 38.2%, 50%, and 61.8%" of the price range between the starting and ending points.
Fibonacci expansion
Fibonacci expansion is a technical indicator that uses the Fibonacci ratio to predict the level of how far the trend will extend from a retracement. It is used as a profit-taking target and as a guide for contrarian trading. By specifying the high/low price as starting/ending points, and the lower high/higher low from that point, you can see the approximate trend expansion.
In the Fibonacci auto-draw indicator, it is displayed as "FE". Lines are drawn at "61.8%, 100%, and 161.8%" of the price range between the starting and ending points.
Fibonacci fan
Fibonacci fan is a technical indicator where a diagonal line is drawn like a fan according to the Fibonacci ratio. Like Fibonacci retracement, it predicts a retracement, but you can use it as a trend line because it is diagonal. It is calculated by specifying high/low prices as starting/ending points.
In the Fibonacci auto-draw indicator, it is displayed as "FF". Lines are drawn at "38.2%, 50.0%, and 61.8%" of the price range between the starting and ending points.
Auto-draw system with ZigZag
- In the Fibonacci auto-draw indicator, 'ZigZag', the standard technical indicator on MetaTrader4/MetaTrader5, will calculate the low/high prices to draw Fibonacci lines.
- ZigZag calculates the low/high prices based on three parameters: Depth, Deviation, and Backstep. On the Fibonacci auto-draw indicator you can change these values.
- Fibonacci retracement and Fibonacci fan use ZigZag's most recent low and high as the starting/ending points. On the other hand, Fibonacci expansion uses 3 points of the most recent ZigZag lows and highs as the starting/ending points.
Other Title
- "3-in-1 Fibonacci Indicator: Retracement, Expansion & Fan Mastery"
- "Auto-Draw Fibonacci Tool for Precision Trading"
- "Master Fibonacci Levels with 3-in-1 Automation"
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3-in-1 FIBONACCI Auto-Draw Indicator MT4 MT5 , Retracement Expansion & Fan, Based On High Low Zig Zag, Choose Show/Hide
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