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New article Requirements Applicable to Articles Offered for Publishing at MQL4.com has been published:

Requirements Applicable to Articles Offered for Publishing at MQL4.com

Author: MetaQuotes Software Corp.

mohammadreza neisi
12
mohammadreza neisi  

Introduction

I'm going to give an idea of more detail of fibonacci number that can be used as expanding pivot lines or use it as an expanding

AB=CD pattern.


Your Title

new fibanacci number-expanding AB=CD pattern-expanding pivot lines

all trader know about fibonacci number such as this:

1,1,2,3,5,8,13,21,34,55,89,144,233,377,610,987,….

…… 1.618 233/144= 1.618 144/89= 1.618 89/55= 1.618 55/34=

... 0.618 89/144= 0.618 55/89= 0.618 34/55

0.236 0.618-0.382= 0.382 1-0.618= 1 1.618-0.618=
1.272 √ 1.618 0.786 √ 0.618 0.764 1-0.236=
≈0.5 0.486 √ 0.236 2.618 1.618+1=

a few of them know about  0.786   and   1.272

0, 0.236, 0.382 , 0.5 , 0.618 ,  0.764 , 0.786 , 1 ,  1.27 , 1.618  ,2.058 ,3.33 , 4.236 ,5.388 ,6.854,….

0,  23.6% , 38.2% , 50% , 61.8 %, 76.4 % , 78.6% , 100% , 127% , 161.8%, 205.8% , 330% , 423.6% , 538.8% , 685.4 %,…

but there is n't any book or article or application  about    2.058   -   3.330   - 5.388 - 6.854  - 8.718   or more

i calculate them as bellow:

sqrt sum  
2.058 4.236 2.618+1.618=
2.618 6.854 4.236+2.618=
3.330 11.09 6.854+4.236=
4.236 17.944 11.09+6.854=
5.388 29.034 17.944+11.09=
6.854 46.978 29.034+17.944=
8.718 76.012 46.978+29.034=
11.090 122.99 76.012+46.978=

i don't suggest to use it for more than  2.058   for expanding 

AB=CD pattern


 

Conclusion

we can see more levels  for trading or forecasting(long term)  or use it for expanding

AB=CD pattern.i think that it is new article but i will be happy to see your idea

http://fx13549045.blogfa.com       or fx13549045@yahoo.com

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