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Forex Service Review

Narrator Fibonacci Auto and Manual Indicator Review

Narrator Fibonacci Auto and Manual English Voice can be found within the MQL5 marketplace, it was created by Artiom Choults, first uploaded on the 20th of October 2015 and has not had any further updates so the indicator is still at version 1.0.

Overview

Narrator Fibonacci Auto and Manual English Voice is an indicator that was designed for use with the MetaTrader 4 platform. The indicator was created for those that use Fibonacci levels for their analysis. The indicator can draw on the Fibonacci levels automatically based on ZigZags or you can draw them on manually.

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Some of the benefits of the indicator include:

  • Voice alerts, a built-in sound pack
  • User-friendly navigation and interface
  • Highly customizable input parameters
  • Recovers itself after lost Internet connection, terminal restart or timeframe change
  • Automated voice alerts
  • Predefine the number of pips you want to be alerted in advance
  • Supports the following levels 38.2%, 61.8%, 127.0%, 161.8%, 261.8%, 423.6% and 685.3%

If you do not use all these levels, then you can easily remove them in the “Fibo properties…” window after selecting and right-clicking on the Fibonacci object.
The alerts for the removed levels will disappear automatically.

There are a number of parameters available too, these include settings for the ZigZags, and also further options for the Fibonacci levels such as automatic or manual drawing.

Service Cost

The indicator will cost you $400 to purchase it outright, this will give you up to 7 activations and no further limitations. There are also a few options to rent the indicator, this can be done in the following ways.

  • 1 Month – $20
  • 3 Months – $40
  • 6 Months – $59
  • 1 Year – $100

A free demo version is also available, this version will be limited to use within the strategy tester of the MT4 platform.

Conclusion

There are two reviews available which have given the indicator an overall rating of 3.5 out of 5.

“Very good, but can not change the color.” – A 4-star review.

“Good points: Very accurate “automatic” fib levels, the best I’ve seen. Bad points: ZERO customer support ZERO customizable features; i.e Cannot remove/add fib levels, change colour, etc; Changes chart properties i.e Disables chart auto-scroll, etc; Due to limitations I no longer use it.” – A 3-star review.

So the reviews are mixed, the main concerning aspect is the claim that the developer is not responding, there aren’t any comments within the comment section for us to clarify this, but if you are thinking to purchase, we would suggest that you contact the developer to ensure that you will be able to get some support from them.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/11578

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