This is a simple scanner which displays on the chart current Fibonacci value on chosen timeframe. Fibonacci is automatically calculated for current range of price from this timeframe, available TF for the scanner D1-Daily, W1-Weekly and MN-Monthly charts. There are predefined symbols on which scanner is working - it can display values for all major instruments (major forex, indices and metals), only some of them: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, USDCHF, EURJPY, XAUUSD, XTIUSD, DE30, US500 (default option) or CFD only. There is a possibility to set alerts (pop-up or mail) when price reaches chosen levels (%) from below or above (alerts are limited to one per chosen time interval i.e. one per day/week/month but resetting the indicator reset also limit for alerts). This indicator can be launched instantly on the MetaTrader 4 and MetaTrader 5 platforms. The MT5 version is available at Fxmerge.


https://www.youtube.com/watch?v=ksdp20nzoyo

The name fibonacci reminds me of fibonacci method of iteration. I love calculations sha