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Just joined the forum after reading your posts, very interested in your confluence indicators and other ideas you have, would you mind private messaging me please as I do not have enough posts on the forum to private message anyone yet.
Can you help answer these questions from other members on NexusFi?
Hi,
I've just joined this forum so dont know my way around yet and hope that you'll excuse stupid questions. For some while, I have been successfully trading on MT4 with dynamic multi-timeframe Fib extensions and a proprietary subscription confluence powerzone indicator. I've no experience with Ninja Trader. These indies work really well but the price will often break the power zones generally when the pair is trending for most of the day. Price simply ignores the powerzone. I've tried to look at volume spread analysis since many large financial institutions use a combination of fib extensions and volume. But although I've got an indicator, I've never managed to get the manual and it will take ages to work out what the indicator is showing. I also think volume is the key to the interaction with the confluence zones and would be happy to have a dialogue if this is helpful
Is this offer still good?
I just picked up ACD thread and took an interest in your noise band, volatility band, pivot range and I got here for fibo cluster & confluence.
Also you mentioned in this thread that using intradaydata for pivot range is not good. You recommend then using dailybars or getting settlement price from exchange website for userdefinedvalues?
@kalalex: If you have specific questions regarding pivots, noise bands or volatility bands (all of them available in the download section of this forum), please post in one of the threads
I am getting quite a number of messages and mails, how to configure the various pivot indicators, so I decided to post a brief summary and explain via a few examples, how to draw the pivots where you want them. I attach the SessionPivots indicators for …
will work on this when the current version is stable
download link
Your question regarding pivots is probably answered in the Tool Box for Floor Pivots thread. The reason that I prefer daily data for calculating pivots, is just that they show the settlement price instead of the close. I use the settlement price for calculations, as most traders do. This is only relevant to futures.
Thanks for the links.
I've read through ACD thread and mfbreakout's journal and your contribution there and I think I'm familiar enough with bands and pivotrange indicators of yours FOR NOW.
I was wondering about your offer especially re fibo confluence and anaauctionbar indicators.
so can I still PM you about those?
As usual I wanted to start my own thread.....glad to see Fat Tails started this 2 years ago!! lol
So I discovered an interesting indicator, and I'm uploading screenshots from last week.
No idea how they plot the levels, but apparently it plots the same fib level from multiple timeframes in the same chart (at least, thats my guess).
User can select how strong the level is, for example a setting of 1 will only plot one 0.618 retracement line, but a setting of 3 will plot three 0.618 retracement lines.
Each fib level is marked by a dot.....when to buy, when to sell, and where to put your stop.
