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Thanks for that link Brainn60 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.
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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 Last edited by yano125; 11-28-2007 at 04:39 AM. |
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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. yano125 |
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