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Dynamic Fib Lines 5 *
This is an indie that plots dynamic fib lines on the chart. It is courtesy of https://www.coiledmarkets.com/ They gave me permission to share it here on the site.

Basically, in real time, the key fib levels are plotted. It is similar to the BigMike's FibEnvelope but it only changes if a new high/low is made, otherwise the fib lines remain flat.

I use it for possible chop identification and in theory, possible targets for intrafib trades. Once prices close and hold below/above extreme fib lines, a possible mega bearish/bullish run is in the works. Not always, but it is a good signal to perhaps look for bigger runs.

I use it on NT7, not sure if it works on 6.5 or not.

Works on any range chart, time based chart, volume or tick chart.

Includes plots for HOD and LOD.

This indie requires a restart of Ninja.

The indicator shows up in the indicator window as "MyDynamicPivots" NOT Dynamic Fib Lines.

Here is a video on how to use it.

https://www.coiledmarkets.com/070910-WS/CM%20DynamicPullback1/CM%20DynamicPullback1.html

EDITED by max :

NT 6.5: not tested - not sure if it works on 6.5 or not.
NT 7.0: Yes


Category The Elite Circle 
 
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Details: Dynamic Fib Lines
Category: The Elite Circle 


July 29th, 2010
Size: 8.18 KB


Keywords: fibs aztrader9
Comments/ratings
5 * suchen July 31st, 2010 02:25 PM
thanks for this!
5 * SuperBliss October 14th, 2010 01:36 AM
Works Great! Thanks for describing what it would be called once it was loaded in the Ninja Indicators...Saved me tons of time trying to find it!
5 * Ilia March 31st, 2011 05:16 AM
aztrader9 Thank you for Dynamic Fibs! Is it possible to get new link to the tutor video? This one doesn't work.
Thanks once again
5 * madelynnjohnson July 15th, 2011 09:29 PM
This is an amazingly accurate indicator. Been looking for something like this for a year. THANKS!!!
5 * Abde January 7th, 2012 01:54 PM
No Comment
5 * YellowTrader June 28th, 2012 08:41 AM
Hi, This is a very useful indicator but why is it that I can't find it in "Edit NinjaTrader Indicator" list to open the code and change the ratio's . However I can find it on chart's indicator list to run it on my charts.
your guidance is appreciated.
5 * dnkhoward2 May 29th, 2014 06:13 PM
Thank you very much!!!
5 * Portland June 17th, 2016 01:41 PM
No Comment

 
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