FX5 FiboSpiral MetaTrader 4 Forex Indicator

This indicator will plot Fibonacci golden spiral on the chart. It is very easy and very flexible to use, however you have understand the initial settings before you use it.
– radius: is the initial radius for drawing the spiral.
– goldenSpiralCycle: this parameter represents how many cycles or turns has the spiral to go before it is increased by the golden ratio. (default is: 1)
– clockWiseSpiral: when true the indicator will plot clockwise spiral and when it is false it will plot a counter clockwise spiral.
-spiralColor1, spiralColor2: the colors of the plotted spiral.

FX5 FiboSpiral MT4 Indicator – Download Instructions

In order to transform accumulated history data, you need to install a MetaTrader 4

It is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.

Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.

How to install FX5 FiboSpiral indicator for MetaTrader 4.mq4?

Download indicator for MetaTrader 4.mq4
Copy FX5 FiboSpiral to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on FX5 FiboSpiral for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 4.mq4 is available on your Chart

How to remove FX5 FiboSpiral Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?

Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
“Indicators list”
Select the Indicator and delete.

Related Indicator:SweetSpots MetaTrader 4 Forex Indicator

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