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Originally Posted by Thruline
Hi all:
Has anyone got/seen a MT4 indicator using bollinger bands where deviations are based on fib relationships?
I'm looking for it... I've been told it's very useful for timing retracement entries.
Thru
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hello from Jack
there is one way to do it without using any programming or creating a new indicator
Insert Bollinger Band into your chart
in properties go to
Levels
insert
0.382
-0.382
0.50
-0.50
0.618
-0.618
Press OK
almost same as BollingerFibo
Jack