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Can one of you talented programmers out there add fibo levels to either of these channel drawing tools. Take a look at the attached picture. The fibo levels within the channel are 38.2%, 50% and 61.8%. The fibo levels below the bottom channel line are –1.236% and –1.382%. The fibo levels above the top channel line are 1.236% and 1.382%. Would it be possible for the end user to be able to define his own fibo levels. For example, when you place an EMA on a chart, under the “levels” tab you can add additional lines above and below the EMA line using this function. If that can’t be done I would settle for a channel drawing tool that contains the pre-defined fibo levels.
Can one of you talented programmers out there add fibo levels to either of these channel drawing tools. Take a look at the attached picture. The fibo levels within the channel are 38.2%, 50% and 61.8%. The fibo levels below the bottom channel line are –1.236% and –1.382%. The fibo levels above the top channel line are 1.236% and 1.382%. Would it be possible for the end user to be able to define his own fibo levels. For example, when you place an EMA on a chart, under the “levels” tab you can add additional lines above and below the EMA line using this function. If that can’t be done I would settle for a channel drawing tool that contains the pre-defined fibo levels.
Thank you in advance for your help.
Dave
Dave,
You can ask Kalenzo if he will modify his indicator here: http://www.fxservice.eu/fibpiv.php5 to meet your requirements to include the fibo extensions and expansions.