Auto Fibonacci Retracement Levels MT4

Indicators MetaTrader 4 Free

Automatically draws Fibonacci retracement and extension levels based on the most recent ZigZag swing high and low. Updates dynamically as new swing points form.

Features:

  • Levels: 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%, 127.2%, 161.8%
  • Each level individually toggleable
  • Price labels at every level
  • Optional ZigZag connector line
  • Configurable ZigZag depth/deviation/backstep
  • Performance optimized — recalculates on new bars only

Fibonacci ratios are the foundation of harmonic pattern trading.

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