I find your chart and use of fib levels very interesting . . . you seem to only be concerned with the 50, 100 and 150 levels.
Any reason for that? I'll be testing this method. Do you think we can find someone to add an alert to these indys when price crosses the pivot lines?
not at all... you can find your style of using fibbo
i'm not a good progrmaer, but i think alarm alert is usefull for us..(it's better than we must watch chart everyday)
no.. you can use fibb level which match with your style...
at 4H timeframe i use all level of fibbonachi weekly
if someone can put alert at cross of pivot it will be usefull
another strategy is using this methode at 4H
it is more painless............
Cool so right now I'm short G/J, and I found a AutoDailyFib indy I had, if anyone's interested.
yes .. so many methode for making calculation of PIVOT
i only use this indy, and looks great
i 'm short GBPJPY too
thx for this indi
GJ and UJ hit
GBPJPY and USDJPY hit the target
Here is a very neat little indicator that I had written to help me with another manual strategy that I am busy with.
It draws the last two valid fibs on the chart in different colours.
I find it most helpful to know where the pivots are from the previous biggest Fib as well as the current ones, for if they happen to line up or are close together then you can trade with a lot more certainty.
Thanks for pointing this thread out to me Steven, much appreciated.
thx kamper, very helpful and kind
and here they are the indi's
anybody catch this move?
gbpusd is stronger
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