I see lot of Fib indicators from futures.io (formerly BMT), but is there a basic one that draws Fib lines, 0, 23.6, 38.2, 60 ... so on. I didn't want to draw manually
Zeller - pl apologise for my lack of knowledge on this as I have never used Fib lines before in a chart, so don know what to answer your question, like swing or zigzag.
I have heard that diff Fib % levels helps to identify targets, reversal etc as support and resistance
This indicator plot 50% 38% and 61.8% of rolling market range. It tells which direction market is heading visually.
1/14/10 -add color to the middle bands.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NOT TESTED [feedback] (http:/ …
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