Smart Auto Fibo Tool
Trend Indicator
100% FreeIt detects swing highs and lows from market structure and plots Fibonacci levels from 23.6% to 100% automatically. In an uptrend it suggests buying in the 38.2%-61.8% area, and in a downtrend selling in the same area, with the extensions used as take profit targets.
How to install
Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.
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