the indicator isn't finished yet,I'm still fixing some bugs and improving it,
the strategy isn't great untill it is forward tested which I'll try to do

so this is a setup which touched the 23% fibo @1.6644, stoploss @ 1.6525, target , target 1.6850

Thanks Ziko.

i had a similar questions too...i think i just figured it out...goto insert then shapes then triangle then plot your three points of your triangle...

kamyar, what do you use for entry at D point?

at the probable retracements as per the rules?

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Hi magpie,
i am very interested in your postings. i agree that rsi is good for showing when the retracement is over.
i downloaded your T3 and copied it into experts, but nothing happen. i think i am using the last build, so i don't know what is wrong with me.
maybe you have more detailed description of your method, or you can explain to me a little more about how you use it?
i would greatly appreciate any help.
Thanks

Ziko,

I'll give you a hint, for longer timeframes such as hourly, use an indicator like MACD then check for divergence. Enter only at fiblevels and with luck the entry should be confirmed by a reversal bar, such as a doji, or hammer.

Most setups on the hourly charts will have divergence.

Thanks,
Could you please post a chart showing this technique

here are two probable Buy/sell opuurtunity
the 1st one

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We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
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2nd one is here

__________________
We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
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