POI Indicator With 50% Fibonacci Level
The MT4 Point Of Interest Indicator is a valuable tool designed to aid traders in identifying and marking significant points of interest (POI) on their trading charts. These points, such as order blocks and fair value gaps, play a crucial role in developing effective trading strategies. However, manually marking these points on a chart can be a time-consuming and tedious process. That’s where the POI Indicator for MT4 comes in – it simplifies the process and enhances it with smart features.

The ‘Smart Money’ POI Indicator introduces innovation to the world of trading. It allows you to manually place a highlighted box at any point of interest, whether it’s an order block or a fair value gap. What makes it truly innovative is that it automatically sets a 50% Fibonacci level line for that particular POI. Additionally, it provides alerts in various forms, including popups, push notifications, and emails. These alerts trigger when the price touches the outline of the POI box, surpasses it, or reaches the 50% Fibonacci line.

POI Indicator with 50% Fibonacci Level POI Indicator with 50% Fibonacci Level

Key Features of the POI Indicator

Manual Highlighting with Convenience: You can add a POI Box to any MT4 chart using the backslash ( \ ) key, making a once cumbersome task remarkably straightforward.
Automated 50% Fibonacci Line: The indicator automatically identifies the midpoint or the 50% level of any POI you highlight, eliminating guesswork and ensuring precision.
Instant Alerts: Whether the price touches the POI box outline, surpasses the box, or reaches the 50% Fibonacci line, the system ensures you receive alerts through popups, push notifications, and emails. This feature helps ensure you never miss a critical event on your chart.
It’s important to note that the Smart Money Indicator is not a standalone trading system but serves as a valuable addition for chart analysis, trade exit position identification (TP/SL), and more. Traders of all experience levels can benefit from this tool, and it is recommended to practice trading with it on an MT4 demo account until you are consistently proficient and confident enough to trade live. Most Forex brokers offer the option to open both real and demo trading accounts.