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drawing Fib lines


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  #1 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
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I see lot of Fib indicators from NexusFi (formerly BMT), but is there a basic one that draws Fib lines, 0, 23.6, 38.2, 60 ... so on. I didn't want to draw manually


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  #2 (permalink)
 zeller4 
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if you mean you don't want to draw manually, I assume you mean you don't want to use the fib tool?

the indicator with the builti-in fib formulas/graphics requires a starting/ending point, etc.

please indicate what you're basing your fib plotting on... (ie swings, zigzags, etc.)

kz


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  #3 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
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Zeller - pl apologise for my lack of knowledge on this as I have never used Fib lines before in a chart, so don know what to answer your question, like swing or zigzag.
I have heard that diff Fib % levels helps to identify targets, reversal etc as support and resistance


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 cory 
virginia
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try my market range it plots 50% 36% 61.8% of daily market range
https://nexusfi.com/free_downloads/ninjatrader/indicators/272-download.html?view


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  #5 (permalink)
 zeller4 
Orlando Florida
 
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try this with the fiblines turned to true in the UI
HTH

Kirk


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Last Updated on January 15, 2010


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