Technical Indicators for MetaTrader 5

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MetaTrader 5

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TeaCii Auto Fibonacci MTF

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Information

Indicators
MetaTrader 5
Tarun Chaudhry
1.3
10

Overview

TeaCii Auto Fibonacci MTF is an implementation of Fibonacci Levels

The indicator is simple and yet more powerful than those in the market


IMPORTANT: UNIQUE SELLING POINTS

- The Levels are set automatically

- You can see ANY TIMEFRAME Levels in ANY Chart. E.g. Watch H1 on M1. Watch M1 on H1

- The Levels are available in Buffers for EA Use

- Helps you to get an edge early in by using multi timeframe


Parameters

TimeFrame :  The timeframe of the indicator. It can be same, higher or lower than the charts timeframe. When using lower TF on higher TF chart, it is recommended to have a high lookback bars number.

Lookback Bars :  The only most important parameter. The highs and the lows will be based on this many bars.

Line Length :  This is purely cosmetic. It is the width of the line.

Background Color :  Again purely cosmetic. You may want to highlight the zone.


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