AutoFib TradeZones is an automatic Fibonacci-based price-level indicator for MetaTrader 4. It identifies meaningful retracement zones on the chart by automatically detecting the most recent swing high and swing low. Because Fibonacci tools are widely used across markets, this indicator works on all assets—forex, stocks, crypto, indices, and commodities.
It is suitable for traders of all styles: scalpers, intraday traders, swing traders, and trend followers.
The indicator instantly plots the key Fibonacci retracement levels:
23.6% – 38.2% – 50% – 61.8% – 76.4% – 100%
It also highlights two colored zones:
Blue Zone (bottom) → Ultimate Buy Zone
Red Zone (top) → Ultimate Sell Zone
These zones help traders quickly see where the market is likely to pull back before continuing its trend.
Price holding above the blue Buy Zone indicates trend strength.
Bullish candlestick patterns (like pin bars) rejecting any Fib level—such as 38.2% or 50%—signal potential continuation entries.
A failure to stay inside the red Sell Zone signals a buy exit.
Price holding below the red Sell Zone confirms bearish momentum.
Bearish rejections of Fib levels provide short-entry opportunities.
A breakout above the blue zone signals exiting shorts.
Place stops around the nearest Fibonacci level below a buy entry or above a sell entry.
Helps spot trend-pullback entries quickly
Suits all timeframes (1M to monthly)
Works with any instrument
Enhances price-action trading (especially with candlestick signals)
Includes an optional dynamic channel for additional support/resistance guidance
AutoFib TradeZones is a powerful automatic Fibonacci tool for MetaTrader 4. It simplifies identifying precise retracement-based entry and exit points and is especially valuable for traders who rely on price action. With its auto-plotting Fib zones and optional price channels, it can be an excellent addition to any MT4 trading strategy.
Published:
Nov 28, 2025 01:39 AM
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