Trade assistants

Fibo

Fibonacci levels drawn automatically from the latest swing

  • MetaTrader 4 v1.0.1 Released
  • MetaTrader 5 v2.0.0 In testing

The on-chart board

Interface illustration of Fibo — laid out from the real on-chart board; money values are shown as dashes. Fibo is a button panel rather than a data board — each button is a drawing command, with its keyboard shortcut in brackets.

Fibo finds the latest swing high and low on the chart and places the Fibonacci levels for you. When the structure changes the levels follow, so you are not redrawing them every time you switch symbol or timeframe.

What it does

  • Finds the latest swing from the price already on the chart
  • Places the Fibonacci levels automatically and updates them when the structure changes
  • Works on any symbol and timeframe the chart supports

How it works

  1. Attach it to a chart

    Pick the symbol and timeframe you want to look at.

  2. Let it find the swing

    The tool reads the latest high/low and draws the levels.

  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 Fibonacci as part of their analysis
  • Traders who switch symbols often and do not want to redraw

What to watch out for

  • A drawing tool: it places no orders and is not investment advice.
  • The MetaTrader 5 build is still in internal testing.

Not sure which one fits you

Tell us which pairs you trade, how you enter, and what account you are on — we will point you at the tool that matches the job.