PipTick Fibo MT4

Levels

• 100 % (High) of the range from previous session.
• 0 % (Low) of the range from previous session.
• 76,4 % of the range from previous session.
• 61,8 % of the range from previous session.
• 50 % of the range from previous session.
• 38,2 % of the range from previous session.
• 23,6 % of the range from previous session.
• 138,2 % of the range from previous session.

Recommendations

• It is very useful to insert multiple copies of our indicator to the chart and watch the levels from daily, weekly and monthly sessions. They tend to work very well as a strong support and resistance levels.

Main Features

• The indicator shows the Fibonacci of the range from previous session.
• Six user-definable levels.
• alert notifications for indicator lines.
• Custom session time.
• Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN).
• The indicator is non-repainting.
• Ready for backtesting.
• Customizable parameters (Colors, Line thickness, Visibility...).
• Very fast calculation.
• Available for MT4 and MT5.

Input parameters

• Session_Mode - Allows to choose between Daily, Weekly, Monthly, Yearly and Custom Session mode.
• Session_Start_Hour - Allows to set start hour if the session time mode is set. In other case the parameter is ignored.
• Session_Start_Minute - Allows to set start minute if the session time mode is set. In other case the parameter is ignored.
• Session_End_Hour - Allows to set end hour if the session time mode is set. In other case the parameter is ignored.
• Session_End_Minute - Allows to set end minute if the session time mode is set. In other case the parameter is ignored.
• Sessions_Back - Allows to set the number of sessions to display. When the value is zero, all sessions are displayed.
• Text_Size - Text size of the indicator levels.
• Level_1_Value - Allows to set retracement 1 value.
• Level_2_Value - Allows to set retracement 2 value.
• Level_3_Value - Allows to set retracement 3 value.
• Level_4_Value - Allows to set retracement 4 value.
• Level_5_Value - Allows to set retracement 5 value.
• Level_6_Value - Allows to set retracement 6 value.
• Visibility_Line_Description - Allows to enable or disable displaying of description of lines.
• Visibility_Level_100 - Allows to enable or disable displaying of the previous session high line.
• Visibility_Level_0 - Allows to enable or disable displaying of the previous session low line.
• Visibility_Level_1 - Allows to enable or disable displaying of the retracement level 1 line.
• Visibility_Level_2 - Allows to enable or disable displaying of the retracement level 2 line.
• Visibility_Level_3 - Allows to enable or disable displaying of the retracement level 3 line.
• Visibility_Level_4 - Allows to enable or disable displaying of the retracement level 4 line.
• Visibility_Level_5 - Allows to enable or disable displaying of the retracement level 5 line.
• Visibility_Level_6 - Allows to enable or disable displaying of the retracement level 6 line.
• Color_Level_100 - Color of the previous session high line.
• Color_Level_0 - Color of the previous session low line.
• Color_Level_1 - Color of the retracement level 1 line.
• Color_Level_2 - Color of the retracement level 2 line.
• Color_Level_3 - Color of the retracement level 3 line.
• Color_Level_4 - Color of the retracement level 4 line.
• Color_Level_5 - Color of the retracement level 5 line.
• Color_Level_6 - Color of the retracement level 6 line.
• alert - Allows to enable or disable alert notifications when the market touches one of the indicator lines.
• alert_Sound - Allows to choose the alert sound.

Outputs Parameters

• Level_100 - Value of the high of range.
• Level_0 - Value of the low of range.
• Level_1 - Value of the retracement level 1.
• Level_2 - Value of the retracement level 2.
• Level_3 - Value of the retracement level 3.
• Level_4 - Value of the retracement level 4.
• Level_5 - Value of the retracement level 5.
• Level_6 - Value of the retracement level 6.

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