Disliked.. if 46,55 and 53,44 are taken as 0 and 100, the projections (or extensions) would simply be the equivalent proportionally to those levels..Ignored
ICCE. Bemac's Fib. Reverse Engineered 2,027 replies
Can a successful system be reverse engineered? 14 replies
Reversed Engineered Trading System 27 replies
Meta Trader .. fixeing fib when scrolling 2 replies
Short Term Trades and Fib 1 reply
Disliked.. if 46,55 and 53,44 are taken as 0 and 100, the projections (or extensions) would simply be the equivalent proportionally to those levels..Ignored
DislikedWoahhh there big Fella...
Once the Values are set there will be No Repainting.
Once I make a descion to Trade I will Not ReTrade.
That's allIgnored
DislikedOK, ok,
relax folks
this little ditty is Entirely based on...
If 52% = ???
AND
47% = ???
Then 62% =???
That's it. Simple really. Just like me.Ignored
DislikedOK, ok,
relax folks
this little ditty is Entirely based on...
If 52% = ???
AND
47% = ???
Then 62% =???
That's it. Simple really. Just like me.Ignored
DislikedYes but I'm having a problem with the "if 47 = 0" part... unless the ??? is just plotted as price.Ignored
DislikedLet's look at it this way.
No particular Pair & no particular price but IF;
47% = 100.00
&
52% = 105.00
THEN
62% = The Price Value of 52% + an Additional 10%.
(the difference between 62% & 52%)
How do I know what value to attribute to 10%?
Simple:
105.00 - 100.00 = 5.00 which is Also = to 5%. {52% - 47%}
If 5% = 5.00 Pips,
Then 1% = 1 Pip.
If 52% = 105.00
Then 62% = 105.00 + 10. or 115.00
I really can understand why this is confusing to most but it does make sense when you get there.Ignored
DislikedBoth you guys {Cobra & Ken} seem to be getting a handle on ICCE.
What do you think? Is it worth persuing the Indicator?Ignored
DislikedWell, I understand that the 47 - 53 fib may be a consideration zone but you can beat me and I can't get how you trigger the fibs, where is 0.00 and 100% on your chart?
Ignored
Dislikedyep, what we need is a similar, but external fibtool as the original MT4 has included.
It should start to draw (the usual red fib line) on 47.2% and end on 52.8% and we are done, rest is calculated by the indi.Ignored
DislikedExactly!
BTW, not only did my chart match yours to the pip, but my values were calculated with a different core range (47-53).Ignored
DislikedThe decimal places have little effect on Charting.
That's why I wasn't too concerned about whether it was calculated @ 47.21 or 47.22.
The Actuals are 47.2136 & 52.7864Ignored
DislikedI'm not using the indicator yet. I need to study it more. But I manually fibbed out a channel on the eurusd and I have a buy order in @ 1.3205- targeting 1.3230 (or the 38.2 Fib) for my TP.
It should be known I plotted the channel with a line chart.Ignored