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VGM - Auto Fibo Retracement | Indicator for cTrader

VGM - Auto Fibo Retracement

Indicator

1.06K downloads

Version 1.0, Dec 2024

Windows, Mac

3.3

Reviews: 3

Trading product for VGM - Auto Fibo Retracement Indicator, image 2

PiotrN

Since 17/12/2024

1.06K

Free installs

Description

This Auto Fibonacci Retracement Indicator automatically calculates and draws Fibonacci retracement levels on the chart based on the highest high and lowest low within a customizable lookback period. Users can configure colors and enable/disable specific Fibonacci levels, including popular extensions above 100% such as 127.2%, 161.8%, 200%, and 261.8%.

Key Features:
1. **Automatic Swing Detection**: Detects swing highs and lows dynamically within the chosen lookback period.
2. **Customizable Levels**: Enable/disable specific Fibonacci levels as per preference.
3. **Color Settings**: Choose individual colors for each level for better visual distinction.
4. **Extended Levels**: Includes commonly used extensions (127.2%, 161.8%, 200%, and 261.8%) for trend continuation analysis.
5. **Real-Time Updates**: Levels automatically adjust to changes in market conditions.

Ideal For:
- Traders using Fibonacci retracement and extensions for entry/exit levels.
- Users who need a clean, flexible, and automated Fibonacci tool.

Build by VantoFX. https://vantofx.com Free for all.

Summary

AI summary

The VGM - Auto Fibo Retracement is an indicator that automatically calculates and plots Fibonacci retracement levels on trading charts. It identifies the highest high and lowest low within a user-defined lookback period to determine swing points dynamically. Users can customize which Fibonacci levels to display, including standard retracements and extended levels such as 127.2%, 161.8%, 200%, and 261.8%, commonly used for analyzing trend continuation. Each level’s color can be individually set for clear visual distinction. The indicator updates in real time to reflect changing market conditions, providing an automated and flexible tool for traders who use Fibonacci retracement and extension levels to identify potential entry and exit points.

Indicator profile

Customer reviews

3.3

Reviews: 3

5		33 %
4		33 %
3		0 %
2		0 %
1		33 %

Customer reviews

mark4471cameron

January 21, 2026

Sadly this iindicator makes drawings like trend lines, horizobtal lines, Fibonacci etc disappear within a second of traying to draw them. Obviously a problem with the coding so fix it and it would be worth a 5*

Wall_$t_Wolf

August 10, 2025

This is helpful my friend, thanks for the upload :)

algo.expert

July 9, 2025

Pros: Automatically detects swing points and plots Fibonacci retracement levels. Easy to use, customizable, works across timeframes. Cons: No tooltips or alerts. Lacks template saving and historical swing tracking. Requires additional confirmation tools for reliable trading.

Discussion

FAQ

Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.