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Fibonacci Zone Rectangles


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Fibonacci Zone Rectangles

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 Scalpingtrader 
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Hey Code-Gurus,

is there a lean way to have an indicator recognize Fibonacci Retracements which were drawn manually and automatically overlay a rectangle to show reversal zones?

Meaning I draw a fib retr. from low to high & the indicator draws a rectangle between the 50% and the 61,8% lines, from beginning or end of the drawn Fibonacci.

I'm aware and would be capable to solve this through a strategy including a command button. However I use the chart trader so I can not have any strategies active on my charts (there is some workaround but I'd rather not mess with the internals of the nt7-structure when it comes to order handling)

Hints and/or help greatly appreciated!

Scalpingtrader

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  #3 (permalink)
 
Scalpingtrader's Avatar
 Scalpingtrader 
Hanover, Germany
Legendary Amateur Trader
 
Experience: Beginner
Platform: NinjaTrader
Trading: ES
Posts: 1,945 since Apr 2014
Thanks Given: 3,144
Thanks Received: 5,147


What I basically just need is a way to get the coordinates from fibo startpoint and endpoint. From there on I should be fine. Maybe.

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Last Updated on May 5, 2014


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