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Tags: Fibonacci Cluster / confluence / SK level indicator
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Fibonacci Cluster / confluence / SK level indicator

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  • First Post: Dec 11, 2008 12:53pm Dec 11, 2008 12:53pm
  •  jerrythedurst
  • | Joined Jul 2007 | Status: believer of Random Walk | 32 Posts
Anybody familiar with such an indicator or feel they would be able to make one?

As I see it, it would involve calculating fibo retracements from various high/lows -maybe based on fractals. Then plotting where the price levels where they overlap within X amount of pips

any help would be much appreciated.


JTD
pessimism of the intellect and optimism of the will
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