Automated Daily Fibonacci levels MT4 Indicator.
This indicator automatically calculate daily fibs based on daily high – low levels. You can setup indicator for weekly pivots auto calculated, or just few days. Auto Daily Fibs by default calculates Fibonacci levels of previous day based on daily high and low. Indicator can be simply set to calculate the levels of last two days or more, like week etc. by your choice.
Institutional investors, bankers, and other big investor, all of them choose the highest and the lowest daily and weekly levels as very important breaking points in the market; which makes this indicator very useful. Forget about drawing Fibonacci levels by hand, with this indicator you’ll always have a good overview of the most important points on the market.
