Waddah Attar Weekly && Monthly Fibo

waddah attar · #1 (**permalink**) 12-21-2007, 11:00 PM

Hi every body

this is a new tow indicators.

It is draw monthly and weekly fibo levels with back test.

It is shows current fibo percent.

Try it .. Love it.

Thanks...

et_phonehome_2 · #2 (**permalink**) 12-21-2007, 11:01 PM

Love it.....

waddah attar · #3 (**permalink**) 12-21-2007, 11:03 PM

more charts ..

ray_dl · #4 (**permalink**) 12-21-2007, 11:47 PM

Quote:

Originally Posted by waddah attar

more charts ..

thank you!
i love it.........

amenlo9 · #5 (**permalink**) 12-23-2007, 03:09 AM

thanks for the hard work.possible to combine both together?

darkkiller · #6 (**permalink**) 12-23-2007, 04:13 AM

assalammualaikum waddah attar.
can u tell us the way or strategy how do you use this indicator?

roodstaart · #7 (**permalink**) 12-23-2007, 09:22 AM

I do not understand why no one is making a fibotool that combines the fibocount of the waves 1 and 3 to get the most like one for 5. And of wave 2 to get the ones for wave 4. These wave are related strongly. Where there will be a cluster of fibonaccivalues like .62 , 1, 1.62 etc there is a high change of the price to reverse. So one takes the fibovalues of wave 1 to get the length of wave 3. And than the length of wave 1 and 3 to get 5.
This can also be done for time. The length in time of wave 1 has a relation to the timelength of wave 3 and 5. Wave 2 timelength is related to wave 4 length. The turningpoints are even more profound, when time and price cluster! The values were this happen most are know by me. If there is a clever programmer (waddah attar?) who wants to give it a try....let me know and we can make something nice.