DislikedOzzie Dave, On the chart above (573) are the fib zone lines from an indicator or do you do them manually? I would like to have a template of that chart and the indicators necessary to make it work. Thanks for your post they are very informative. PaulIgnored
I've just modified the fib rettracement indicator that is standard in MT4. Settings are 0, 100, 144, 233, 377 ect. I place the 0 baseline point on the high or low and add or subtract 100 from that value and place that value in the parameters filed and it automaticallly sets the 100 point. All other points are set when the 100 point is set. I just used the 100 point because it was easier to add/subtract 100 to the 0 point than adding or subtracting 144. I've attached a template with the indicator below.
Attached File(s)
dp 140908.tpl
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