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LinkBack (1) | Release Tools |
12-05-2007, 11:56 AM
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External Fibonacci Cluster Identification Tool
I wrote this application a few months ago but it's not very sophisticated.
The program calculates fibonacci confluence based on the input of several fibs. Maybe someone can find some value in it. It requires .net installed but that should be all you need. If someone is interested I can provide the source code. 
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By
pajusa
on
03-28-2008, 04:51 PM
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Re: External Fibonacci Cluster Identification Tool
sparrow,
Thanks for the pointers, I have attended some of her sessions, she still is not that forthcoming. nevertheless it helps, I am going to look for her book. Your fib cluster tool is an equally good start. I still did not understand the third column. Thanks paju |
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By
Sparrow
on
03-28-2008, 05:06 PM
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Re: External Fibonacci Cluster Identification Tool
pajusa,
thanks for the link, I have no idea if she is really trading, with all the writing and seminars she does I guess she'd be well off without it. Since values by fibs don't always match to the pip/tick it's necessary to allow them to be within a range of each other. Let's say you're satisfied with values which are 5 pips apart, for the EURUSD that'd be 0.0005. Maybe that's a better explanation. |
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By
Sparrow
on
03-28-2008, 05:28 PM
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Re: External Fibonacci Cluster Identification Tool
Dunno, experiment. Depends a lot on your instrument, the time frame you trade and probably some more parameters I haven't mentioned.
I never used it for anything else than entertainment and feeling smug. |
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LinkBacks (?)
LinkBack to this Thread: http://www.traderslaboratory.com/forums/f46/external-fibonacci-cluster-identification-tool-2965.html
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| Posted By | For | Type | Date | |
| Traders Laboratory - forumdisplay | This thread | Refback | 12-05-2007 11:59 AM | |
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