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MetaTrader4 New Generation of Tools.
This tool makes drawing fibs a lot easier. You can make different levels have different color codes. And you can erase individual fib lines.
Furthermore, as the pair makes new highs or lows, the fib levels will automatically be updated.
You can get it here:
http://finance.groups.yahoo.com/group/BreakOUT_alert_indicator/
This is the beta version.
(here is a picture of the version that has fib timing. I am making a separate video for the version with timing. This is a screen shot):
http://mjbraun.net/Forum/index.php?action=dlattach;topic=123.0;attach=261;image
