Fibonacci Scanner

How working Fibonacci Scanner?

Uncover trading opportunities with precision using our Forex Fibonacci Scanner a powerful tool designed to assist traders in identifying potential trend reversals, retracements, and key levels based on Fibonacci retracement and extension levels. Our scanner automatically identifies and highlights key Fibonacci retracement and extension levels on charts. These levels are crucial for traders to determine potential entry, exit, and target points.

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Free Fibonacci Scanner for MetaTrader

Take advantage of our Free Fibonacci Scanner for MetaTrader 4/5 platforms. Best tool for Traders.

Trading on the forex market requires expertise and knowledge. The Forex market is highly affected by various global economic events and it is also quite vulnerable to various factors. As a result, use good tool is the key to making the right investment decisions. That is why we have prepared for you the Free Fibonacci Scanner Indicator. This is a simple scanner which displays on the chart current Fibonacci value on chosen timeframe. Fibonacci is automatically calculated for current range of price from this timeframe, available TF for the scanner D1-Daily, W1-Weekly and MN-Monthly charts. There are predefined symbols on which scanner is working - it can display values for all major instruments (major forex, indices and metals), only some of them: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, USDCHF, EURJPY, XAUUSD, XTIUSD, DE30, US500 (default option) or CFD only. There is a possibility to set alerts (pop-up or mail) when price reaches chosen levels (%) from below or above (alerts are limited to one per chosen time interval i.e. one per day/week/month but resetting the indicator reset also limit for alerts). This indicator can be launched instantly on the MetaTrader 4 and MetaTrader 5 platforms. The installation process is very simple, and you can use the indicator completely for free without any restrictions whatsoever.

Download for MetaTrader 4/5