Name : "Waves-Fibo Button"
Type : Indicator MT4
Description :
The "Weekly Fibo" indicator create a custom technical analysis indicator for the MetaTrader 4 platform.
It combines ZigZag calculations, Fibonacci retracement levels, and ABCD pattern detection to assist traders in analyzing price movements and potential reversal points.
Inputs :
ExtDepth : Minimum number of bars between high/low points to form a new ZigZag line.
ShowZigZag : Toggle switch for displaying ZigZag lines on the chart.
ShowFibo : Toggle switch for displaying Fibonacci retracement levels on the chart.
Show FiboLevel : Toggle switches for displaying specific Fibonacci levels (0.0%, 23.6%, 38.2%, etc.).
AB_Fibo, BC_Fibo, CD_Fibo : Toggle switches for displaying Fibonacci retracement levels in different segments of the ABCD pattern.
ABCD_Color (color): Color setting for customizing the appearance of ABCD pattern lines on the chart.
Panel Information
Displays various account information when activated.
Information includes account number, balance, equity, profit, free margin, margin level, and open trade percentage.
Conclusion
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