Fed up with manually plotting Fib levels and missing key reversals? You’re not alone… Drawing retracements by hand is time-consuming and prone to error, especially when markets speed up. JJN Fibo Indicator MT4 takes that headache away, automating every Fibonacci retracement and extension you need to spot high-probability support and resistance zones. Built by YoForex and tested on live accounts, it’s free to download and easy to tame—even if you’re new to Fib analysis. Stick around, and you’ll see why this tool might just become your go-to setup for trend entries and pullback plays, no sweaty chart-staring required.

Overview

JJN Fibo Indicator MT4 is an automated Fibonacci tool for MetaTrader 4 designed to boost your technical analysis with minimal fuss. Instead of guessing swing highs and lows, the indicator auto-detects the most recent significant pivots and plots both retracements and extensions on your chart. You’ll get precise zone shading, dynamic updates as price evolves, and built-in trend filters so you don’t take counter-trend bounces.

Tested on EURUSD, GBPUSD, and XAUUSD across H1 and H4 charts from 2018–2024, JJN Fibo has proven reliable in backtests and real-market demos. Whether you scalp, day trade, or swing trade, this MT4 indicator helps you anticipate where price is likely to stall or reverse—giving you cleaner entries and tighter stops.

Key Features

• +Auto-draw Fibonacci retracements (23.6%, 38.2%, 50%, 61.8%, 78.6%) and extensions (127.2%, 161.8%)
• +Dynamic zone shading highlights high-probability support/resistance areas
• +Swing high/low auto-detection—no manual plotting
• +Trend filter via moving average alignment to avoid counter-trend traps
• +Alert notifications (pop-up, email, push) when price enters key Fib zones
• +Multi-timeframe support: M15, H1, H4, D1
• +Customizable color schemes, line styles, and alert parameters
• +Works on all major currency pairs and metals (XAUUSD)
• +Light on system resources—smooth on any VPS or desktop
• +User-friendly inputs for novices; advanced tweaks for pros

How to Install & Configure

  1. Download JJN Fibo Indicator MT4 from the link below.
  2. Open MetaTrader 4 → File → Open Data Folder.
  3. Go to MQL4/Indicators, then copy JJN_Fibo_Indicator.ex4 here.
  4. Restart MT4; find “JJN Fibo Indicator MT4” under Navigator → Indicators.
  5. Drag it onto your chosen chart (we suggest EURUSD H1 initially).
  6. In Inputs, tweak:
  7. RetraceLevels (list of Fibonacci ratios)
  8. UseTrendFilter (true/false)
  9. AlertZonePct (zone width)
  10. AlertTypes (pop-up, email, push)
  11. Hit OK; watch the zones auto-update as new swing points form.

Support & Disclaimer

Got a bug or need help fine-tuning inputs? Drop us a line on WhatsApp or join our Telegram group—our team replies fast, promise.

Disclaimer: Past performance isn’t a guarantee of future returns. Trading involves risk; test JJN Fibo Indicator MT4 on a demo account before going live. Always trade within your risk tolerance and money-management rules.

Call to Action

Ready to take your Fibonacci trading to the next level? Download JJN Fibo Indicator MT4 now—it’s 100% free. No subscriptions, no hidden fees… just precise Fib zones at your fingertips.