Privately, I use the M15 period and these indicators display the H4 candlesticks status and H4, D1 Fibo levels on it. In addition I included the sound indication when the price approaches to one of the levels in it (I use the sound file with a flip).
The overall view of the chart with the indicators is represented in the picture. The templates are attached.
The indicators have the following settings:
m-Fibonacci:
The overall view of the chart with the indicators is represented in the picture. The templates are attached.
The indicators have the following settings:
m-Fibonacci:
- TFbar - the Fibo period, standard timeframes in MT4 (60, 240, 1440, etc.);
- FileName - the sound file that should be played when the price approaches one of the levels;
- delta - the distance between the current price and Fibo that should be reached for the signal to play;
- Notice - the flag: if the sound file should be played.
- TFBars - the larger standard timeframe;
- NumberOfBars - the number of bars of the larger timeframe;
- ColorUp - the color of the bullish candlestick;
- ColorDown - the color of the bearish candlestick.
