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MetaQuotes Software Corp.
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MetaQuotes Software Corp. 2006.05.26 16:20 

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
11
mohammadreza neisi 2008.05.26 12:58  

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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