Trade assistants

Fibo

Fibonacci from D1 / W1 / MN bars, and trend tools, in one click

  • MetaTrader 5 v2.0.1 Released

The on-chart board

Interface illustration of Fibo — laid out from the real on-chart board; money values are shown as dashes.

Fibo is an on-chart drawing board: one press instead of dragging line by line. The D1 / W1 / MN buttons draw Fibonacci levels from the high and low of the daily, weekly or monthly bar you pick, and further buttons draw support and resistance, trend lines, an STD channel and a line-breakout box that follows new bars by itself.

What it does

  • Draws 30 Fibonacci levels (−200% to 276.4%) from the high and low of a D1, W1 or MN bar — press again to flip between up and down
  • Pick the bar with Shift (the last closed bar by default); it uses real D1 / W1 / MN bars whatever the chart's timeframe
  • Trend, Trend Line and STD Channel buttons draw support and resistance, trend lines and a standard-deviation channel from the visible chart
  • A Line Breakout box that finds the latest tight range and recomputes on every new bar
  • Works on any symbol and timeframe, with a keyboard shortcut for every button

How it works

  1. Attach it to a chart

    Pick the symbol and timeframe you want to look at.

  2. Pick a bar and press

    Set Shift to the bar you want, then press D1, W1 or MN — the levels are drawn from that bar's high and low.

  3. Use it as a frame

    The levels support your own entry and exit planning — they are not a ready-made signal.

Who it suits

  • Traders who use the previous day's, week's or month's Fibonacci as standing support and resistance
  • Traders who want the same trend lines and price boxes every time, whoever draws them

What to watch out for

  • A drawing tool: it places no orders, sends no alerts, and is not investment advice.
  • Fibonacci is drawn once per press and does not move by itself — only the Line Breakout box recomputes on new bars.

Every tool needs a code to run

The EA files are on the member site. The coupon that activates one is issued per account and carries an expiry date — tell us which EA and which account, and we will issue one.