FAQ
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This Fibonnacci retracement indicator does all the hard work for you and calculates and shows all possible retracement levels directly on the MT4 chart for any symbol and timeframe.



100% FREE "Auto Fibonacci Retracement" MT4 Forex Indicator
Basic Trading Signals:
Buy Signal: First and foremost, there must be an up trending market, next, wait for the price retrace back to around the 38.2% level and enter a long trade.

Typically, a stop-loss is placed around the 50% retracement level.

Sell Signal: First and foremost, there must be an down trending market, next, wait for the price retrace back to around the 38.2% level and enter a short trade.

Typically, a stop-loss is placed around the 50% retracement level.


Hi Everyone! Today I want to share with you a very good Fibonacci indicator based on the popular ZigZag forex indicator. This tool gives you a clue where to enter a trade in the primary (up or down) trend on a pullback.

P.S. Have problems with installation? Send me an email at olivermurphy@altraforex.com or support@altraforex.com I would love to help!



Some examples of the trades: