Fibo Color Levels Light
Fibo Color Levels – a great tool for those who like Fibonacci. It allows you to set preferred values, styles and formats for each level, and noting the color levels in accordance with the importance of.
Fibo Color Levels adds Fibonacci retracement levels automatically. The purpose of the indicator in another. You must manually add the Fibonacci retracement levels on the graph.
Use a standard tool for adding MT4 Fibonacci levels, use the values swing high and / or swing low, which is necessary to calculate the correction. after adding Fibonacci retracement levels, you can adjust the indicator Fibo Color Levels, which will be painted in a different color levels.
Free version – Works with EUR / USD, GBP / USD and USD / JPY on the higher timeframes on the H4 to the MN.
Full version – All the pairs and timeframes – See here – https://www.mql5.com/ru/market/product/13510
- 12 custom levels.
- It works on any time frame.
- On / off function of each level.
- Custom colors, depending on the severity levels.
- Separately, customizable styles and line thickness.
- It works with multiple Fibo objects.
- Easy and intuitive setup.
- Fibo Line Property Color – color Fibonacci object.
- Style Value – Fibonacci line style of the object.
- Width Value – Fibonacci line width of the object.
“Color Table on the importance levels of correction”
- Neutral – color less than significant levels.
- Up Key Level – the color key levels on the swing high.
- Up Strong Level – the color of strong levels in the swing high.
- Up Overbought Level – color overbought levels on the swing high.
- Down Key Level – the color key levels on the swing low.
- Down Strong Level – the color of strong levels in the swing low.
- Down Oversold Level – the color levels of oversold swing low.
“The standard levels of 0 and 100”
- On / Off Retracement Value 0.0 – show / hide the zero level.
- Importance Color 0.0 – significance level 0 according to the color chart.
- Style Value 0.0 – style line level 0.
- Width Value 0.0 – the thickness of the line level 0.
- On / Off Retracement Value 100.0 – show / hide the level of 100.
- Importance Color 100.0 – significance level of 100 according to the color chart.
- Style Value 100.0 – 100 level line style.
- Width Value 100.0 – 100 thickness level line.
“The values of the correction levels”
- Fibo Retracement Value 1 to 12, – the value of the additional layer.
- On / Off Retracement Value of 1 to 12 – show / hide the extra level.
- Importance Color Value 1 to 12 – additional significance level according to the color table.
- Style Value 1 to 12 – style of line corresponding to an additional level.
- Width Value 1 to 12 – line width corresponding additional level.
- Disable Notification for Creation of Fibo Object – false disables all notifications.
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