Thread: ZigZag-based Fibo

Hi,

I don't have a drop of programming within my own blood, so I'm asking for your help.

Can someone app a Fibonacci Retracement that automatically follows the ZigZag indior included with MT4 (from the habit indiors)?

To illue, please look at the attached screenshots. I like to exchange retracements from the ZigZag's tops or bottoms (top is revealed here). When I place a Fibo on the ZigZag, like from the first screen, I wait for a retracement to at least the 23.6 area.

My problem is, as exhibited in the next screen, which if price shoots past the top (bottom), the Fibo stays with the old value.

I'd like it to automatically adjust to the new top (bottom) of the ZigZag, which I manually created from the next screen.

Ideally, to go one step farther, in case the ZigZag reverses I'd like for the older Fibo to be deleted and a new one created from the new leadership (no screenshot for this).

Is anybody interested and able in helping with this?

Much appreciated!

jesper

Originally Posted by ;

I do not have a fall of programming within my blood.

I do. A lot.

Originally Posted by ;

Can someone app a Fibonacci Retracement that automatically follows the ZigZag indior included with MT4 (in the habit indiors)?

Sure.

Originally Posted by ;

To illue, please look at the attached screenshots. I love to exchange retracements from the ZigZag's tops or bottoms (top is shown here). While I place a Fibo on the ZigZag, like in the first screen, I wait for a retracement to the 23.6 area.

My difficulty is, as shown in the second screen, which if price shoots beyond the top (bottom), the Fibo remains with the old value.

I'd like it to automatically adjust to the new top (bottom) of the ZigZag, which I manually created in the third screen.

That is what they invented computers and made programming languages for!
Did this many times.
Please PM me.

Originally Posted by ;

Ideally, to go 1 step further, in case the ZigZag reverses I'd like for the old Fibo to be deleted and a new one made in the new direction (no screenshot for this).

No issue as well as soon as you define what 'ZigZag reverses' mean exactly.

Originally Posted by ;

I really do. A lot.Sure.That's what they invented computers and created programming languages for!
Did this many times myself.
Please PM me.No issue in addition to soon as you specify what 'ZigZag reverses' mean exactly.

Hello, and many thanks to the quick reply!

From ZigZag reverse I just indie an upslope comes to a finish and a downslope begins, and vice versa. I normally use the standard ZigZag (12,5,3) configurations.

I marked five of those turning points on the attached screenshots. What I am looking for is that rather than staying with the older ZigZag lineup on the very first screen, it would be nice for your Fibo to move over to the new ZigZag lineup on the screen.

PM'ed you along with my regular email address.

Thank you again!