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Daily Fibonacci Metatrader 4 Indicator

A very complete Fibonacci indicator for MT4 that provides support/resistance levels and entry signals with daily long and short targets.

It can be used on all currency pairs and time frames up to the 4 hour charts.

Trading Signals

BUY: Go long above the intraday long level with targets daily long 1 and daily long 2.
SELL: Go short below the intraday short level with targets daily short 1 and daily short 2.

Download

Download the Daily Fibonacci.mq4 indicator.

Configurable Indicator Options

Colors

USD/CAD 1 Hour Chart Example

dailyfibonacci-metatrader4

How to install the Daily Fibonacci custom indicator in Metatrader 4?

  • Download the Daily Fibonacci.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.