drawing Fib lines

January 14th, 2010, 02:08 PM

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

January 14th, 2010, 02:55 PM

if you mean you don't want to draw manually, I assume you mean you don't want to use the fib tool?

the indicator with the builti-in fib formulas/graphics requires a starting/ending point, etc.

please indicate what you're basing your fib plotting on... (ie swings, zigzags, etc.)

kz

January 14th, 2010, 09:48 PM

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

January 14th, 2010, 11:35 PM

try my market range it plots 50% 36% 61.8% of daily market range

Download: Market Range V2

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:/ …

cory

January 15th, 2010, 05:43 PM

try this with the fiblines turned to true in the UI
HTH

Kirk

drawing Fib lines

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drawing Fib lines