Examples: Requirements Applicable to Articles Offered for Publishing at MQL4.com
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= | |
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
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New article Requirements Applicable to Articles Offered for Publishing at MQL4.com has been published:
Author: MetaQuotes Software Corp.