If you're looking to enhance your trading strategy, the FiboPivotCandleBar indicator for MetaTrader 4 might just be the tool you need. This nifty indicator combines several powerful trading tools including Fibonacci levels, Pivot Points, ZigZag, MACD, and Moving Averages to give you a comprehensive trading signal.
With a straightforward arrow system, it directs you on when to buy or sell, making decision-making a breeze!
Recent Updates to FiboPivotCandleBar
Here’s a quick rundown of the key updates to the FiboPivotCandleBar that have improved its functionality:
Update_01 (24/03/2015)
- Reduced false signals and simplified the formula, replacing the Stochastic indicator with MACD for better accuracy.
Update_02 (26/04/2015)
- Fixed the code for the Price Retracement feature of the FiboCandleBar.
Update_03 (18/05/2015)
- Added Alerts including Messages, Emails, and Sound notifications to keep you informed.
- Improved overall performance to ensure you get the best trading signals.
Update_04 (16/06/2015)
- Introduced a Color Option, allowing users to customize bar and font colors to their liking.
Update_05 (30/07/2015)
- Made minor tweaks to the Pivot formula for enhanced accuracy.
- Removed unused variables for a cleaner code.
Update_06 (16/09/2015)
- Improved the signal accuracy with a new formula.
Update_07 (29/12/2016): version "2.00"
- Simplified and updated the code for better performance.
Update_08 (01/04/2017): version "3.00"
- Fixed syntax in line with the latest MQL4 updates.
- Simplified the programming to enhance usability.
- Added a Font model option for further customization.
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