Discover expert developed MetaTrader tools that can complement professional solutions.
Automatically draws Fibonacci retracement and extension levels based on the most recent ZigZag swing high and low. Updates dynamically as new swing points form.
Features:
- Levels: 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%, 127.2%, 161.8%
- Each level individually toggleable
- Price labels at every level
- Optional ZigZag connector line
- Configurable ZigZag depth/deviation/backstep
- Performance optimized — recalculates on new bars only
Fibonacci ratios are the foundation of harmonic pattern trading.
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