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Originally Posted by Emerald King
1). To all Objects add a 2 Letter Identifier i.e. FI_ and then add object delete close in the de-init to remove all objects that begin with FI_
2). Define color code for Expansion and Extension off the Current wave and the previous wave and instead of drawing all Fib levels just draw a block where you have a confluence of Support and Resistance fib lines.
3). Think about how to re-write your code so that it takes into consideration the 2 larger timeframes fibo levels from the current time frame.
4). Think about labeling the Waves in History and Labeling them Major, Intermediate and minor.
EK
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Hi King,
Thanks for your suggestions.
1) Do you have problems with objects not deleting? In the deinit I delete fibs and text objects now.
2) I am working on how to make a difference between extension and retracement. I have implemented that on Fibo3, which comes as a dot if price is above B (in case D is above B).
About the confluence, I prefer to leave it like that now as the confluence is very relative.
3) I am working on that this week. In fact it will be using 2 zigzag with different settings.
4) No. I leave wave counting to the EW gurus. This is a fib generator.
As there are a few problemes in the logics, as you may have notices, I won't probably be posting new indicator before wednesday.
Thank you again,
Nick
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