DiNapoli and Fibos MT4 Indicator

The DiNapoli and Fibos MT4 Indicator merges two trusted trading concepts — Fibonacci retracements and Joe DiNapoli’s refined strategies.
Fibonacci levels show potential pause, reversal, or continuation zones, while DiNapoli’s techniques enhance their precision and practical usability.
The result is a powerful support and resistance mapping system that helps traders identify high-probability entry and exit zones.

How It Works in Practice

Automatically plots Fibonacci retracement and extension levels based on recent market swings.
Adjusts these levels using DiNapoli ratios and calculations for improved accuracy.
Traders can use these areas to anticipate trend continuations or reversals.
Example:
- In an uptrend, a pullback to a DiNapoli-adjusted Fibonacci level (38.2%, 50%, or 61.8%) can signal a buy opportunity.
- In a downtrend, a rally into those same zones may indicate a sell setup.
Helps traders focus on meaningful price reactions rather than random fluctuations.

Benefits for Everyday Traders

Fully automated plotting — no need for manual Fibonacci calculations.
Works on all timeframes, from scalping to swing trading.
Reduces guesswork and chart clutter, promoting cleaner analysis.
Encourages structured and disciplined trading decisions.
Combines classic Fibonacci logic with DiNapoli’s professional insights for improved consistency.

Trading Guide

✅ Buy Setup:
- Confirm an overall uptrend (higher highs, higher lows).
- Wait for price to pull back to a DiNapoli Fibonacci support level.
- Confirm with bullish candlestick signals (e.g., engulfing, pin bar).
- Enter buy on bounce; stop-loss below next lower Fib level.
- Take profit near next Fib extension or resistance zone.
🔻 Sell Setup:
- Confirm a clear downtrend (lower highs, lower lows).
- Wait for price to retrace up to a DiNapoli Fibonacci resistance level.
- Confirm with bearish candlestick patterns (e.g., shooting star, engulfing).
- Enter sell on rejection; stop-loss above next higher Fib level.
- Take profit at Fib extension or support level.

Conclusion

The DiNapoli and Fibos MT4 Indicator gives traders a professional-grade Fibonacci trading system.
Simplifies complex analysis by merging technical accuracy with proven methods.
Helps traders spot clearer opportunities, manage risk effectively, and maintain emotional discipline.
A must-have tool for anyone aiming to trade with structure, confidence, and consistency.

Input Settings & Controls

Note00a – A text note or label used for description or user guidance within the indicator’s input section (not used in calculations).
Note00b – Another descriptive note, typically used to explain parameter settings or display information to the user.
FracsFromBar – Defines how many bars back the indicator should start checking for fractals (swing highs/lows).
FibFractals01 – Represents the first Fibonacci fractal level, usually based on Fibonacci ratios (e.g., 0.236 or 23.6%).
FibFractals02 – Represents the second Fibonacci fractal level (e.g., 0.382 or 38.2%).
FibFractals03 – Represents the third Fibonacci fractal level (e.g., 0.618 or 61.8%).
FibFractals04 – Represents the fourth Fibonacci fractal level (e.g., 1.000 or 100%).
Note01 – Another label or heading used for explanation or visual organization inside the indicator settings.
CommentsOn – Enables or disables on-chart comments or text display that show the indicator’s information (e.g., current fractal or Fibonacci level values).

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

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