Fulcrum Pivot Levels MT4
by Gema Mahardhika · MT4
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Summary
Free automatic fibonacci is a free MT4 indicator by Tonny Obare that automates Fibonacci plotting and scores well with a 4.67/5 rating, though public performance stats are not available. Traders who want quick visual retracement levels and low overhead may prefer it, while those needing multi-timeframe trend filters, candle timing, price-action scanning, or paid professional strength and MACD tools should consider the alternatives. Platform realities such as broker spreads, execution, and drawdown risk apply equally. FxRobotEasy independently reviews all products and recommends testing on demo accounts before live use.
Retail forex traders compare Free automatic fibonacci with alternatives to determine which tool best fits their workflow and risk profile. Automated Fibonacci tools can save time and reduce manual errors, but different indicators solve different problems: some add time-based signals, multi-timeframe trend filtering, price-action scanning, or paid professional meters for strength and momentum. Platform realities matter—MT4 specifics, broker spreads, execution quality, and drawdown risk affect how useful an indicator will be in live trading. FxRobotEasy independently reviews all products and urges traders to test indicators on demo accounts and respect broker rules before deploying capital.
| Metric | Free automatic fibonacciMain Product | Trendopedia Ai Our bot | Fulcrum Pivot Levels MT4 | Fractals Dynamic MT4 | Full Fractals | Fractal Wave Suite MT4 |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | 0.0 | 0.0 | N/A |
| Price | N/A | $149 | $30 | N/A | N/A | $149 |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Free automatic fibonacci, created by Tonny Obare for MT4, is a lightweight free indicator that automatically draws Fibonacci retracement levels based on recent swings. Strengths include simple visual output, low resource use, and a solid user rating of 4.67/5. The indicator suits discretionary traders who rely on manual entries and want quick reference levels. Weaknesses include lack of verified performance stats—no verified stats available—and limited built-in confirmations or multi-timeframe filtering. Platform realities are important: MT4 behavior, broker spreads, slippage, and order execution affect whether Fibonacci-based signals are practical. There is inherent drawdown risk whenever automated levels are used without a broader strategy. Price is N/A, so there is no purchase cost, but traders should demo first and combine the tool with risk management and broker-aware trade sizing.
by Gema Mahardhika · MT4
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Free automatic fibonacci is a straightforward, free MT4 indicator that delivers automated retracement lines with a 4.67/5 user rating but no verified performance stats. It suits discretionary traders seeking quick visual levels without cost. Alternatives offer complementary capabilities: timing, multi-timeframe confirmation, pattern scanning, currency strength, and MACD momentum—some paid and some free. Platform realities like MT4 vs MT5, broker spreads, execution, and drawdown risk are central to choosing the right tool. FxRobotEasy independently reviews all products and recommends demo testing, careful risk management, and considering FxRobotEasy bots as a verified alternative when automation and verified performance matter.
Free automatic fibonacci is free (price N/A) and may be worth trying if you want automated Fibonacci levels for MT4. It has a 4.67/5 rating but no verified performance statistics are available. Because it lacks built-in confirmations, use it as a visual aid combined with your own filters, demo testing, and strict risk management before trading live.
The best alternative depends on your needs: choose MTF Trend Monitor for higher-timeframe confirmation, STRAT Price Action Scanner for pattern discovery, Haven Candle Timer for timing entries, or paid tools like Currency Strength Meter Pro and MACD Intraday Trend PRO for systematic pair selection and momentum confirmation. All alternatives have no verified stats available, so demo-test to see which fits your workflow.
Yes, Free automatic fibonacci runs on MT4, so it will work with brokers that support MT4. However, broker-specific realities matter: server time, spreads, execution quality, and possible data feed differences can affect signals and entries. Always test the indicator on a demo account with your broker to calibrate settings and evaluate drawdown risk before trading live.
While evaluating Free automatic fibonacci and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades