Automated Fibonacci Expansion

Zuki

Trader
Jul 28, 2021
61
0
22
38
I'm looking to start a thread base on Fibonacci Expansion for entering the trade at the start of a trend base on the ABC fractal/zigzag swing pattern .

Using a starting point LL (lower low) zigzag/fractal swing low = A

B point = Higher High

C = Higher Low

Once a engulfing candle pattern form at zigzag/fractal swing point C Fibonacci expansion Auto plot on chart.


I need additional Confirmation.

Here is a system but no mql5 or mql4 available.

Could someone study the red fibex indicator and see the strategy and If they could develop a mql5 version ?



The blue mode 100% non repaint what kind of indicator is it ?
 

Attachments

  • RED FIBEX 1.06.ex4
    29 KB · Views: 33
  • Blue Mode Version 2.rar
    193.5 KB · Views: 44

Zuki

Trader
Jul 28, 2021
61
0
22
38
I'm looking to start a thread base on Fibonacci Expansion for entering the trade at the start of a trend base on the ABC fractal/zigzag swing pattern .

Using a starting point LL (lower low) zigzag/fractal swing low = A

B point = Higher High

C = Higher Low

Once a engulfing candle pattern form at zigzag/fractal swing point C Fibonacci expansion Auto plot on chart.


I need additional Confirmation.

Here is a system but no mql5 or mql4 available.

Could someone study the red fibex indicator and see the strategy and If they could develop a mql5 version ?



The blue mode 100% non repaint what kind of indicator is it ?
Forum and post like this Earnforex overlooked..why?