Fibonacci Time Zone Indicator

Fibonacci Time Zone Indicator 

Overview

The Fibonacci Time Zone Indicator is a custom Meta Trader 4 indicator developed by OLX Forex. It combines time zone analysis with Fibonacci retracement levels to identify key time levels and visually represent them on the chart. Traders can use these time zones for time-based analysis and decision-making.

Indicator Inputs
Time Zone Settings
Trend Name: The name of the trend line to analyse.
High Line Name: The name of the high line.
Low Line Name: The name of the low line.
Draw Fibonacci Time: Option to draw Fibonacci time zones.
Fibonacci Time Colour: Colour of the Fibonacci time zones.
Draw Fibonacci Retracement: Option to draw Fibonacci retracement levels.
Fibonacci Retracement Colour: Colour of the Fibonacci retracement levels.
Fibonacci Width: Width of the Fibonacci lines.
Fibonacci Time Levels: User-defined time levels for Fibonacci time zones, e.g., "1, 2, 3, 5, 8, 13, 21, 34."
Fibonacci Retracement Levels: User-defined Fibonacci retracement levels, e.g., "0.0, 61.8, 50, 38.2, 23.6, 100."
Colour Customization
Colours for Fibonacci retracement levels and time zones for easy identification.
Information Panel
Show Panel: Option to display an information panel on the chart.
Information Panel (Optional): If enabled, refer to the information panel for real-time account details, including balance, equity, profit, free margin, and open trade percentage.