Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.
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.
Trade Renko charts automatically using the advanced Renko Expert Advisors. Clean trends, better entries. Discover them here.
Complement community code with advanced automation from RobotFX.
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