Applying Fibonacci Cluster and Confluence Zones - NinjaTrader | futures io social day trading
futures io futures trading


Applying Fibonacci Cluster and Confluence Zones
Updated: Views / Replies:74,787 / 182
Created: by Fat Tails Attachments:103

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 103  
 
Thread Tools Search this Thread
 

Applying Fibonacci Cluster and Confluence Zones

  #81 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


matthew1182 View Post
This is a great indicator brother! I use a Fractal Pivot Confluence indicator. I was actually looking for the NEXGEN Fibonacci Confluence indicator but stumbled upon yours. Now if we could somehow combine yours with what I have I think we would have the ultimate pivot indicator.

Check out some screen shots.


This is the simple version of the indicator, I mainly use the confluence indicator, as it plots fewer lines. Fewer occasions to trade, but higher probability trades.

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
  #82 (permalink)
Elite Member
Tampa, FL, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: EUR/JPY
 
Posts: 7 since Sep 2010
Thanks: 21 given, 2 received


Fat Tails View Post
This is the simple version of the indicator, I mainly use the confluence indicator, as it plots fewer lines. Fewer occasions to trade, but higher probability trades.

Newbie to Ninja but I don't believe there is a confluence indicator in the package that you loaded?? I don't see an "alpha" indicator?

Reply With Quote
 
  #83 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary



matthew1182 View Post
Newbie to Ninja but I don't believe there is a confluence indicator in the package that you loaded?? I don't see an "alpha" indicator?


No, I have not put the confluence zones indicator in the download section. If you want to try it, send me a private message.

Reply With Quote
 
  #84 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,497 received


Fat Tails View Post
No, I have not put the confluence zones indicator in the download section. If you want to try it, send me a private message.


Fat, i tried to run the version i had for NT6.5 but to no avail. Did you desactivate it ?

Reply With Quote
 
  #85 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


trendisyourfriend View Post
Fat, i tried to run the version i had for NT6.5 but to no avail. Did you desactivate it ?

Should be active. Did your Machine-ID change? Send me a private mail, and we can check it.

Reply With Quote
 
  #86 (permalink)
Elite Member
Czech Republic
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Ninja/ Continuum
Favorite Futures: Anything that move
 
Lejcus's Avatar
 
Posts: 43 since Apr 2010
Thanks: 216 given, 64 received

Thank for sharing your knowledge.
I Just found Fibo Clusters two days ago. They fit my style of trading. I try to combine more method of S/R (swings HLC MP PIVOTS vPoC simple fibonacci from past day) and where they fit together they become more valid for me. I would like to use cluster too but still dont know how properly get the confluence zone from the cluster. For me there is too many lines and thats it

Reply With Quote
 
  #87 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


Lejcus View Post
Thank for sharing your knowledge.
I Just found Fibo Clusters two days ago. They fit my style of trading. I try to combine more method of S/R (swings HLC MP PIVOTS vPoC simple fibonacci from past day) and where they fit together they become more valid for me. I would like to use cluster too but still dont know how properly get the confluence zone from the cluster. For me there is too many lines and thats it

The fib cluster indicator does not display confluence zones, but it displays single lines. If you are just interested in yesterday's fibs, you may just display the Z lines, which are the most recent lines of the indicator. The different letters of the alphabet are used to identify different swings to calculate the retracements and expansions. The largest swing identified by the indicator is the A swing, the smallest swing is the Z swing, which relates to yesterday's and today's price action. I attach a screenshot of indicator settings for the FibClusterV14 and a chart below.


For intraday price action you can also download the CurrentDayOHL indicator (part of the SessionPivots V29 package). It shows Fib retracements calculated from today's high and low. Shown on second chart below.


If you want confluence zones displayed, you would need to use the FibZones indicator. Shown on third chart below.

Attached Thumbnails
Applying Fibonacci Cluster and Confluence Zones-indicator-dialogue.jpg   Applying Fibonacci Cluster and Confluence Zones-es-12-10-15-min-21_10_2010.jpg   Applying Fibonacci Cluster and Confluence Zones-es-12-10-5-min-21_10_2010.jpg   Applying Fibonacci Cluster and Confluence Zones-es-12-10-5-min-21_10_2010-bis.jpg  
Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
  #88 (permalink)
Elite Member
Northern VA
 
Futures Experience: Intermediate
Platform: TS
Broker/Data: TS
Favorite Futures: E mini/Currency Futures
 
gr8trim4u's Avatar
 
Posts: 3 since Jan 2011
Thanks: 0 given, 3 received

Projecting the right side of the chart.

Attachment 28090
trendisyourfriend View Post
I think these analysis (which are very impressive i must admit) should be presented in a true context, ie, if they have some predictive value then they should predict the next day price action not what has occured. I have not seen anything to this effect so far.

Scott Carney's books the harmonic trader wil offer some insight into building the right side of the chart. Jeff manson whose work is not published at this point has done extensive work in prior price movement dictating future price. I sat through some of his training. The following are price movement anticipated from prior movements. An understanding of Elliot will help out a little also. After reading this thread I will definitly incorparate a few other indicators.

Attached Thumbnails
Applying Fibonacci Cluster and Confluence Zones-chief-architect-x1-fibs-work-book.pdf  

Last edited by gr8trim4u; January 9th, 2011 at 10:30 PM. Reason: wrong file
Reply With Quote
The following user says Thank You to gr8trim4u for this post:
 
  #89 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,220 since Jun 2009
Thanks: 628 given, 6,318 received
Forum Reputation: Legendary

Larry P. just posted this one

Attached Thumbnails
Applying Fibonacci Cluster and Confluence Zones-clip_image002_018.jpg   Applying Fibonacci Cluster and Confluence Zones-clip_image002_021.jpg  
Reply With Quote
The following user says Thank You to cory for this post:
 
  #90 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


The problem with Butterfly patterns is that you do not really know, when the pattern will complete. Some of them have an expansion smaller than 1.272, others approach 1.618


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote

Reply



futures io > > > > Applying Fibonacci Cluster and Confluence Zones

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Jackson Zones max-td The Elite Circle 32 July 8th, 2012 01:42 AM
Complex Cluster Indicators sidney7g MetaTrader 8 April 8th, 2012 02:35 PM
Excel for updating zones Avartanian EasyLanguage Programming 2 August 25th, 2011 02:35 PM
High degree of confluence in CL GaryD Commodities Futures Trading 26 July 23rd, 2011 02:01 AM
Fib confluence philloo The Elite Circle 19 May 9th, 2010 10:47 PM


All times are GMT -4. The time now is 03:42 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-16 in 0.15 seconds with 20 queries on phoenix via your IP 54.196.201.241