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Here is a very neat little indicator that I had written to help me with another manual strategy that I am busy with.
It draws the last two valid fibs on the chart in different colours.
I find it most helpful to know where the pivots are from the previous biggest Fib as well as the current ones, for if they happen to line up or are close together then you can trade with a lot more certainty.
Thanks for pointing this thread out to me Steven, much appreciated.
Hi Stevenali... I know the 1 min chart its very small, but notice how superb the pivots break was timed.... the pivots still are the same and the concept its still the same... timining its more precise... just a thought, I like your job Stevenali... keep up this good thread, I will try to interact more.... cheers Walter.
WHich indicators are you using now? I cant seem to get the same chart. Are you using your original and another or the two from another posters message? I am looking at usdcad and it isnt below the bottom line for me?
Last edited by scottyb159; 07-12-2007 at 02:20 AM.