Fibonacci Extension Indicator
A Fibonacci Extension indicator is often used by traders as an indication of support and resistance. These indicators provide Fibonacci levels that are determined by identifying three extreme points (ex. a swing low, a swing high, and a swing low), and dividing the vertical distance between the first two extreme points by Fibonacci ratios. The resulting values are then added/subtracted from the third extreme point to show the Fibonacci Extension levels.
The Fibonacci Extension indicator will automatically find new swing high and low points, and update the Fibonacci Extension levels on your charts for you. This makes it easy for you to spot potential trading opportunities and act accordingly. Additionally, the indicator allows you to easily customize which extension levels are displayed, as well as the color, width, and style of the lines. You can also save and load templates, making it easy to switch between the settings that work best with your trading.
Fibonacci Extension indicators can be used in futures, forex, and stock trading. They can be applied to all chart types and time frames as well, making them a truly universal indicator.
Download Now:
Click the link below to download our Free Automatic Fibonacci Extension indicator for NinjaTrader:
Auto Fibonacci Extensions Indicator for NinjaTrader 7 (1386 downloads)
6 comments
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Mo
June 23, 2017 at 4:20 pm (UTC 0) Link to this comment
This indicator is for NinjaTrader 8?
Free Indicators
June 27, 2017 at 1:06 pm (UTC 0) Link to this comment
We do not currently have the indicator for NinjaTrader 8, but it is coming soon. Join our mailing list and you will be notified as soon as it is available.
Thien
July 20, 2017 at 3:42 am (UTC 0) Link to this comment
any updates for ninjatrader 8???
Free Indicators
August 9, 2017 at 12:20 pm (UTC 0) Link to this comment
The indicator is not ready for NinjaTrader 8 yet. The update will be posted as soon as it is available.
Bill
July 7, 2017 at 10:52 pm (UTC 0) Link to this comment
Once the Auto Fib Extensions Indicator is installed, where do I find the Properties, General and Data tabs, as noted above?
Free Indicators
July 10, 2017 at 2:29 pm (UTC 0) Link to this comment
You should be able to right click on the gray line and select Properties from the menu.