Disliked{quote} Hi Starry.Love those arcs.Could you share your indi if applicable to metatrader4? Looks to me 2 red arcs overlapping is 127 fib extension (2nd chart) This makes sense harmonically because 127 is usually when price turns around if not then 1.618 ext. next.Ignored
sorry, unfortunately metatrader doesnt support it
I programmed it on ninjatrader. Its here, the gridcircletexture. You would need to turn all the parameteres to "false" (turn off grid, turn off extended arc, turn off extended grid). Then it looks as shown in the picture.
http://www.forexfactory.com/showthread.php?t=437919
I based it on a commercial tool called "gunner24", but mines better (mostly because i made it!)