Skip to content

AutoFibo Metatrader 4 Indicator

    The AutoFibo (Fibonacci) indicator for MT4 automatically calculates and draws the Fibonacci retracement levels on the Metatrader 4 charts.

    The retracement levels include: 0.0%, 23.6%, 38.2%, 50.0%, 61.8% and the 100% level.

    The 0% to 100% trading range represents the move from bottom to the top.

    The most important retracement level to keep an eye on in Forex: 38.2% level.

    Fibonacci traders typically watch this level to go long in an up trending market or go short in a down trending market.

    Use other indicators to pin-point your entry.


    Download the AutoFibo.mq4 indicator.

    USD/JPY 1 Hour Chart Example

    autofibo metatrader4

    How to install the AutoFibo custom indicator in Metatrader 4?

    • Download the AutoFibo.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.