Indicators: Fibo For Yesterday and Last Week

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Automated-Trading
127416
Automated-Trading  

Fibo For Yesterday and Last Week:

Using Golden Section Analysis of the market for yesterday and last week.

Chart AUDUSDpro, M30, 2015.06.18 13:09 UTC, GAIN Capital - FOREX.com UK Ltd., MetaTrader 4, Real

Author: XueFei Xiong

Xuefei Xiong
3506
Xuefei Xiong  
Extension of the golden section
  • Function Method

    1. DrawFiboSimple

      Basic Function From 0% To 100% Total 7

    2. DrawFiboComplete

      Extension DrawFiboSimple ==> Executive Function DrawFiboComplete From -100% To +100(200%)

  • About Basic Function DrawFiboSimple

    1. OBJPROP_FIBOLEVELS

      Total Gold Division Level

      ObjectSet(fiboName,OBJPROP_FIBOLEVELS,20);

      From LEVEL+0(0%) To LEVEL+6 100% Total is 7 Levels

      OBJPROP_FIBOLEVELS Value is 7,not 20

      ObjectSet(fiboName,OBJPROP_FIBOLEVELS,7);
    2. Add A Level

      Update OBJPROP_FIBOLEVELS Value Plus 1 ObjectSet(fiboName,OBJPROP_FIBOLEVELS,8);

      Set a new level 7 27.2% ( Not 8 From 0 )

      ObjectSet(fiboName,OBJPROP_FIRSTLEVEL+7,0.272);ObjectSetFiboDescription(fiboName,7,"27.2%% = %$");

    3. Update A Level

      Update Level 5 Old 76.4% New 76.8%

      ObjectSet(fiboName,OBJPROP_FIRSTLEVEL+5,0.768);ObjectSetFiboDescription(fiboName,5,"76.8%% = %$");

Yusuf Hawkins
24
Yusuf Hawkins  
Kie cara ngenggone priwe koh Xiong...
APursch
23
APursch  
Thank you Xuefei
Such helpful indicators to keep shorter time frames in context of the bigger picture *****
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