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Re: Fibonacci Confluence on Time
I think Fischer goes into time projections but not in any great detail. Have to say his book never really 'clicked' for me but it is fairly comprehensive from the point of view of topics covered.
I wrote some tradestation code a while ago to find potential turnng points. Basically I'd load up a a whole bunch of intraday bars and record all the swing hi swing low points. I'd then project all the major fibs in time and have confluences marked as a histogram based on the 'stregth' of confluence from memory I didnt bother unless there where 3 or more.
While it was a fun project it didn't look good enough to trade. Just seemed to indicate too many turns that didn't materialise, but to be honest I didnt go much further trying to improve it.
Cheers,
Nick
Last edited by BlowFish; 05-21-2007 at 07:40 AM.
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