Auto Fibonacci Retracement
Auto-plotted Fibonacci levels · 6 ratios · Free · Forex/crypto/stocks · MT4
About Auto Fibonacci Retracement
The Auto Fibonacci Retracement Indicator (originally by TRADERTOOLS-FX.COM, © 2010), documented at indicatorspot.com and tradingfinder.com, is a tool for MetaTrader 4 that automatically plots Fibonacci retracement levels on price charts, helping traders quickly identify key support and resistance zones without manual drawing.
The indicator automatically detects recent market swings and plots the key Fibonacci ratios — 23.6%, 38.2%, 50%, 61.8%, 76.4%, and 88.6% — adapting dynamically to market trends in real time. It's usable across all financial markets (forex, crypto, stocks), and traders typically watch for price reactions near the 38.2%, 50%, and 61.8% levels as potential reversal points.
- Platform: MetaTrader 4
- Developer: TRADERTOOLS-FX.COM (© 2010)
- Levels plotted: 23.6%, 38.2%, 50%, 61.8%, 76.4%, 88.6%
- Function: Auto-detects swings, plots retracement levels dynamically
- Markets: Forex, crypto, stocks — any instrument
- Price: Free
- Source: indicatorspot.com · Auto Fibonacci Retracement Indicator