The Fibonacci Retracements Tool at StockCharts shows four common retracements: 23.6%, 38.2%, 50%, and 61.8%. … Even though deeper, the 61.8% retracement can be referred to as the golden retracement. It is, after all, based on the Golden Ratio.

Please see this link to apply the strategy correctly and install the indicator:

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For the additional and complementary indicator “Dashboard” contact me by telegram: @franfi or instagram: @ franfigueroa87

or through the MQL5 messaging center so I give it to you for free (sorry, I couldn’t place it here because it only lets me upload one at a time).