http://www.youtube.com/watch?v=4sHXmAVE4n0
Headed for perpetual donors’ mailboxes once I get the logic fine-tuned….
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What time frame does this look at when using this fib? and it be used on any? When does it recalculate? Every new High and low? Could also customize the fibs to your liking?
1) You can use in on any timeframe.
2) It recalculates when a reversal occurs and the threshold for a reversal is user selectable. In the video, it was set to trigger a reversal at a minimum of 3.0 ES points.
3) There are seven fib levels that are all user selectable and two fixed at the previous high and low.
Looks interesting… I’m thinking about becoming a donor. I am, however, having a bit of trouble keeping up w/ all the different indicators you show on your charts from time to time, so if you don’t mind adding an extra line or 2 of narrative to tell what all you have going on, that would be greatly appreciated!
Good call Brad. I need to be more specific about what is in each shot. I have a user guide that I am working on that details each study and has arrows to indicate which one it is.
This idea rocks! I’m looking forward to it.
Soon….It takes considerably longer to troubleshoot since it is a “real-time only” script with no historical function.
Looks great!
Dude – You are f’ing unbelievable!!
You had me at hello. More beer inbound!
Eric,
What’s that other video you have on YouTube? You fly jets too!!???
Guilty
Wow awesome video!
That got me totally phsyched! can’t wait for the warm weather so I can get back to skydiving.
Do you still fly? in between writing indicators that is
Michael – I’ve been out of the cockpit for a few years now.
Looks great, again!
What is the other indicator? An MA which changes color with trend and has cross over signals pop up (red, pink dots) when it is crossed by price? Did I miss that on blog or is it in development too?
It’s just a colored moving average. The dots pop up when the slope reverses direction – just an extra visual indication as the same indication is seen when the line changes color.
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