Fibonacci insights
Page 1 of 732 12 LastLast
Results 1 to 10 of 315

Thread: Fibonacci insights

  1. #1
    I'll teach you a constant method of drawing a Fibonacci study. Please read on...



    EDIT: As per article #14 #28 I'm attaching herewith the above Indior, in addition to, the MT4 Fibonacci Tool Code settings which you'll discover attached in a Notepad.txt file called”MT4 Fib Tool Code Settings”.

    In order to improve your typical MT4 Fibonacci Retracement Study Tool these measures will need to be taken, as follows:

    Start your own MT4 gt; then on top left, go to”File” gt; Scroll down to”Open Data Folder” gt; loe the”Config” folder gt; afterward, loe the”terminal.txt” document, open it and insert all the text code as per the attached txt document, as is, you don't have to delete or insert any spaces, it is only a straight forward and simple copy paste procedure.

    Paste the copied code of text involving [Objects] and [Settings]. Next, once the code text was added/replaced into the MT4 terminal Setup Settings-File, save that file and restart MT4. You'll now find that if drawing the Fib tool that all Fib levels along with the correlating text tags will be present.

    Please note: you already may have some other Objects Fibo_code present within your terminal-file, in this situation delete/overwrite some of the existing text code and replace the code text out of here. Please see post #48 for further help if you have any issues with incorporating this code.
    https://www.forexsoutheast.asia/atta...1883926034.txt
    https://www.forexsoutheast.asia/atta...9611763895.mq4
    https://www.forexsoutheast.asia/gene...ity-check.html

  2. #2
    Thanks for the excellent work, moving over everything and analyzing it out and it seems to do well. Now I just need to ensure I'm drawing in the right direction.

  3. #3
    The anatomy of pullback in fashion - I don't know what is you doing but I enjoy it a lot (not micro lot, a lot) - expect to get more of your insights, nevertheless I don't expect you to continue. This is great frame, at least for me personally. Thank you very very much Trader

  4. #4
    Great! Please remember those are tools what I mean by this, in itself Fibonacci will offer a mathematical framework that an environment that you can operate in it sets everything in a view.

    In order to generate money you'll need to make an advantage in the markets.

    This advantage can have many aspects to it, you may be very good in how you deal with losses in other words have a higher pain tolerance etc. or you may have an extremely broad and deep understanding of the market structure and its components including quantity and order flow. etc. etc..

    Speaking for myself I only exchange WTI Futures on NYMEX, a centralized marketplace, regulated with quite good if not outstanding liquidity, and, over all using real traded quantity.

    Gives you all a wonderful journey in discovering the markets, but above all yourselves also, the very best of fortune, strength and good health everyone!

  5. #5
    Quote Originally Posted by ;
    Great! Please remember those are tools only, what I mean by that, in itself Fibonacci will offer a framework that an environment which you may operate in it puts everything in a perspective. In order to generate money you will need to make an advantage in the markets. This advantage can have many aspects to it, you may be rather good in the way you cope with losses in other words have a higher pain tolerance etc. or you might have a very broad and deep comprehension of the market structure and all its components including volume and order flow. Etc....
    Hi Trader613,

    Sorry not meant to hijack your article here. However, I'm having difficulty with the indior you constructed MT4 S1/S5/S30/ / M10/H2/H3/ / H12 Bid/Ask Charts and I can't reply to that particular article for a certain reason. Anyways I receive an error message following this measure: Press'OK' on DLL window wait for EA to upgrade and build your Custom TF Charts (watch text at upper left-hand chart corner) The error message is it cannot create mt4chartsettings.ini

    I believe this is because I'm using windows 10 and they transferred the mt4 folder from c:/program files/... to c:/user/appdata/roaming/metaquotes/... Can you kindly create an upgrade on this? Thanks a lot!

  6. #6
    Quote Originally Posted by ;
    quote . . .But I'm having difficulty with the indior you built MT4 S1/S5/S30/M10/H2/H3/H12 Bid/Ask Charts... I receive an error message following this measure: Press'OK' on DLL window - wait for EA to upgrade and build your custom made TF Charts (watch text at upper left-hand chart corner) The error message is how it can't produce mt4chartsettings.ini....
    Hi forexleopard,

    I'm really sorry to let you know, but since Metaquotes have upgraded MT4 it's not possible to build these special charts using this indior/DLL; Sangmane had looked into this - and when he can't fix it, no one can! Sorry.

  7. #7
    Quote Originally Posted by ;
    quote Hi, I am really sorry to tell you, but because Metaquotes have updated MT4 it's not feasible to build these special charts utilizing this indior/DLL; Sangmane had looked into this - and if he can not fix it, no one can! Sorry.
    Alright! That is no problem. Thanks for all your tools and help!

  8. #8
    . . .just stumbled upon this thread, none the less I think with some intriguing and fresh concepts, although I know it's older, so it sounds. Certainly the chart on post caught my attention.

    Thank you for sharing this with us!

  9. #9
    After a lot of effort and time I am of the opinion which I want to see the entry and the departure of positions. Regardless of what the ideas are all about to exchange and so on. Thats the first step. And it means nothing without the second step which is a live manner of telling when the transactions are opened and closed.

    The reason for this is to type of cut to the chase. Meaning the concept of a method is implemented is important in quantity and the quality of their results.
    So I mean if trading has been more like a theological discussion, there would be no requirement for step .

    To be clear, let me see if I could approach this from another angle.

    Lets imagine two individuals, lets call them Rick and Morty. They are trading the identical instrument, enables say E/U.

    Rick utilizes tickscale charts and contains quite a lot of EAs that computes various support and resistance and mine price information and spread data from various brokers. Ricks EAs produce his charts with information and various unique notes and so on.

    Morty on the other hand is more old school and he utilizes just H1 charts and just data from 1 broker. Morty maybe puts a line here or a line there and he may draw something on a chart and he may not. It depends upon the situation.

    Both Rick and Morty are comparatively powerful traders and they usually place their transactions at the exact same time and closes them at the exact same moment.

    Today its not difficult to imagine that there are two other traders enables call them Peggy and Maria. Peggy utilizes M15 charts and a method called The hedgehog.
    Peggy arent really using the normal hedgehog, she has modified it somewhat according to her thoughts.

    Maria utilizes a method called The wigwam shabam and she has a M1 chart along with a H4 chart where she makes notes of her calculations. Marias technique borrows from orderflow ideas in addition to some other stuff.

    Today, imagine that Peggy and Maria and Rick and Morty are roughly placing their positions AT Precisely the Same TIME and CLOSING about AT THE Exact Same TIME. What difference does it really make what they call their technique and words they are using to describing it?

  10. #10
    I've been practising trading with the Fibonacchi edy for a long time, although I've only tested it on options, but I think that it'll fit right in on Currency Market, but it may need to undergoe some changes. I'm glad I'm on this thread, I'd like this subject to be developed.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.