- June 26, 2013
- Posted by: Forex Wiki Team
- Category: FX Ind
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Author: | zenhop (2009.12.08 11:04) | ||
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Description:This indicator will create a Fibonacci Retracement Object on your chart, and auto-update its values. You can indicate if you prefer to use the classic High/Low values, or the less classic Open/Close ones (price_type: 0 = High/Low, 1 = Open/Close). You can also define how many bars to look back maximum (Band_period). Indicator settings (Band_period, price_type) Color settings Image: |
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Hello Author, a idea, can you a create this Fib, with an entry Point by a mouseclick. After this, the fib shows the entrypoint automatically to the low, in the result: you have your best fib level, that you search. thanks Balduin 17.05.2011 13:50 balduin
Thanks, not perfect but a great place to start instead of from scratch 🙂 This will save me lots of time. 27.05.2010 05:31 Beakon
Is band_period the same as number_of_bars? 27.01.2010 05:17 edwinodus
14.01.2010 13:04 zenhop
Hi,
If you want to inverse the coodonates of the fibo, just change this line: if (Open[Band_Period] < Open[0]) { by if (Open[Band_Period] > Open[0]) {
11.12.2009 18:05 zenhop
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