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| Fibos Expansion Help ! https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=376 |
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| Author: | lhDT [ Sun Feb 26, 2012 2:52 pm ] |
| Post subject: | Fibos Expansion Help ! |
Hi, I would like to code a fibo expansion based on the last hi/low (tops & bottoms). Fibo Expansion needs 3 points. I think it's a great tool to calculate profit & SL targets. I don't have the formula with 3 points. Somebody can help me ? Fibo expansion levels are -0.618 for SL, 1.618 TP1 and 2.618 TP2. See attached chart (fibo expansion are orange lines) Thanks for your help ! |
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| Author: | Gamma_gallus [ Tue Mar 06, 2012 8:00 pm ] |
| Post subject: | Re: Fibos Expansion Help ! |
I've found below indicator yesterday, I can't understand the code, some I hope this can somehow help you if you fine tune it. (it doesn't draw the actual fib lines, but instead it calculates H/L from prev days etc..) Olivier |
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