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Spectr, I realize your Fibo lines are not an indicator but customize levels. Can you please tell us what levels mean what? I see 0 is neutral and 61.8 is Target and 1 is Good Luck. But what are the other values like stop loss and entry? If you can tell us I will set it up and post a screenshot of how to do it for those who are interested since English is not your native language.
Also, does anyone have the latest ZUP indicator. Its Zup v71 I think.
__________________
All your pips are belong to us!
Spectr, I realize your Fibo lines are not an indicator but customize levels. Can you please tell us what levels mean what? I see 0 is neutral and 61.8 is Target and 1 is Good Luck. But what are the other values like stop loss and entry? If you can tell us I will set it up and post a screenshot of how to do it for those who are interested since English is not your native language.
Also, does anyone have the latest ZUP indicator. Its Zup v71 I think.
Also, I think I replicated Spektr's cutomized Fibo levels. He drew the line from high to low of the last leg of the pattern. Entry level is the 23.6% retrace and Take profit level is 61.8% retrace. I added a second TP level at 76.8% for academic purposes.
Stop loss is at 5% above/below the high/low. My values are a little off because of different brokers I am sure.
MY question is to spektr, do you trade this live and how did you decide to use fibos in this way. I see how it can be effective I was curious if you had some resources a guy could look at to read up.
__________________
All your pips are belong to us!
Please disregard. I was able to send Nen PM and he has already replied. Thank you.
Poruchik
Could you kindly please provide link where I can get in touch with nen?
I was looking at the Zup Indicators and I was wondering if it was possible to have the values or the numbers of the candles sticks between 2 Highs or 2 Lows.
Instead of the Retracement values labelled on the broken lines between 2 Highs for example we would have the number of candlesticks distance between these 2.
The reason why I ask if this is possible is because I am looking for a faster way to count the number of candlesticks between Peaks or Dips and see if it can be used in analyzing for the Time component in Elliott Wave Analysis.
I know I can do it manually . However it will allow me very limited examples to work with unlike when we can instantly see the values on the charts .
yano125
UPDATE: I went thru my list of posts and finally saw where nen's post was and sent him a PM.
However, If anyone else can help me regarding my request on an indicator that counts candlesticks between 2 peaks or 2 Bottoms, I would be greatful if help can be extended or may be you can point me to the right direction where I can find this type of Indicator
It is ok now Poruchik. Nen replied already. But just to let you understand what I was looking for, I am attching a picture.
Nen told me to change at the input for ExtPPWithbars from 0 to 1.
0 - for the retracement value
1 - for bars between peaks or between bottoms
2 - to show bars from 1 peak to the nearest bottom then from nearest bottom to the next peak.