Fib. Reverse Engineered. | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Fib. Reverse Engineered.
Exit Attachments

Fib. Reverse Engineered.

  • #121
  • Apr 8, 2009 1:22am Apr 8, 2009 1:22am
Trying again. This time shorting sterling. Target the 61.8% line @ 1.4610.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 101 KB
Is your SL my TP?
  • #122
  • Apr 8, 2009 2:59am Apr 8, 2009 2:59am
Hi brother Kenmania..

what do u think which trade more saver ..
Trade @ rejecting level or Trade @ breacking level ??
Attached Image (click to enlarge)
Click to Enlarge Name: reject.png Size: 40 KB
Never sell @ lower upward channel unless breacked and vise versa .
  • #123
  • Apr 8, 2009 3:27am Apr 8, 2009 3:27am
ok from what i've read up to now it sounds like i need to fix the timeframes changing the graph. what about alarms? or is everyone too busy

it's reseting when the timeframes changed ...fixing...
  • #124
  • Apr 8, 2009 7:31am Apr 8, 2009 7:31am
Quoting kd3726
ok from what i've read up to now it sounds like i need to fix the timeframes changing the graph. what about alarms? or is everyone too busy

it's reseting when the timeframes changed ...fixing...
An option to be able to turn on and off line labels (price and fib values) would be nice.
  • #125
  • Apr 8, 2009 8:16am Apr 8, 2009 8:16am
Quoting WedWed
Hi brother Kenmania..

what do u think which trade more saver ..
Trade @ rejecting level or Trade @ breacking level ??
Trading the breakout didn't work too well for me. Then again, I think I had some poorly defined channels. Need to wait until the market gives something better.

Studying the indicator now...
Is your SL my TP?
  • #126
  • Apr 8, 2009 8:20am Apr 8, 2009 8:20am
Quoting WedWed
Hi brother Kenmania..

what do u think which trade more saver ..
Trade @ rejecting level or Trade @ breacking level ??
Take note of the Pin Bars @ those rejections.
  • #127
  • Edited 10:07am Apr 8, 2009 9:51am | Edited 10:07am
Quoting Bemac
Take note of the Pin Bars @ those rejections.

Is this what you want? I will post the indicator if it is alright with you. Don't want to step on toes, just trying to help.

Scott
Attached Image (click to enlarge)
Click to Enlarge Name: bemac icce.gif Size: 24 KB
  • #128
  • Apr 8, 2009 10:02am Apr 8, 2009 10:02am
And here it is checked against the mt4 fib tool.

It is dead on.
Attached Image (click to enlarge)
Click to Enlarge Name: bemac icce2.gif Size: 25 KB
  • #129
  • Apr 8, 2009 10:06am Apr 8, 2009 10:06am
Quoting smjones
And here it is checked against the mt4 fib tool.

It is dead on.
That's pretty sweet.
Is your SL my TP?
  • #130
  • Apr 8, 2009 10:24am Apr 8, 2009 10:24am
Quoting smjones
Is this what you want? I will post the indicator if it is alright with you. Don't want to step on toes, just trying to help.

Scott
HEY Scott: Good to see you again.

Not sure how you decided on where 47& 52 should fall but here's what I'm trying to get to.

During the Doldrums of little PA {Horizontal Channel} I want the advantage of having an idea Where PA MIGHT go when it breaks.
I do that {on another platform that I coded this Ind in} by:
1) Recognise a Horiz Channel.
2) Assume that the Horiz Channel WILL BE contained within 47 & 52% of PA in the FUTURE.

It's kinda like identifying PPZ's that have yet to be established.


This is not a closed disscussion. Please feel welcome to Post whatever you want.
Attached Image (click to enlarge)
Click to Enlarge Name: fib rev engineered 12.gif Size: 18 KB
  • #131
  • Apr 8, 2009 10:27am Apr 8, 2009 10:27am
Actually I just allow you to enter the top for the value you want (52.78) and the bottom for the value you want (47.22) defaults. and then it computes the rest. It allows up to 11 fibs to be drawn off of your entries.

Would it be alright to post the code? I don't want to step on toes.
  • #132
  • Edited 10:44am Apr 8, 2009 10:30am | Edited 10:44am
Quote
This is not a closed disscussion. Please feel welcome to Post whatever you want.
Ok, here is the indicator. I left the copyright to you. do with the code as you want.
Attached File(s)
File Type: mq4 Bemac ICCE v1.0.mq4   14 KB | 562 downloads
  • #133
  • Apr 8, 2009 10:31am Apr 8, 2009 10:31am
Quoting smjones
Actually I just allow you to enter the top for the value you want (52.78) and the bottom for the value you want (47.22) defaults. and then it computes the rest. It allows up to 11 fibs to be drawn off of your entries.

Would it be alright to post the code? I don't want to step on toes.
By all means, go ahead & post it. I would like to have a look at it for sure.
  • #134
  • Apr 8, 2009 10:38am Apr 8, 2009 10:38am
Here is your chart with my indi
Attached Image (click to enlarge)
Click to Enlarge Name: bemac icce3.gif Size: 26 KB
  • #135
  • Apr 8, 2009 10:44am Apr 8, 2009 10:44am
Hey Scott, what TF does it plot the channel on?
Is your SL my TP?
  • #136
  • Apr 8, 2009 10:47am Apr 8, 2009 10:47am
Quoting kenmania
Hey Scott, what TF does it plot the channel on?
It does not plot a channel. I have it so you can enter inputs for the top and the bottom of the channel you want. Sounds like I am off the mark here on what is required. Oh well. LOL
  • #137
  • Apr 8, 2009 10:47am Apr 8, 2009 10:47am
Quoting Bemac
HEY Scott: Good to see you again. ...
Here is SMJones' Indicator plotted using the same {slightly inaccurate as it was applied manually} Channel Top & Bottom Prices on a Monthly Chart.

This let's you look at the Historical Relevance of the Fib Levels.

What do you guys think?
Will it help?
Attached Image (click to enlarge)
Click to Enlarge Name: fib rev engineered 13.gif Size: 18 KB
  • #138
  • Apr 8, 2009 10:55am Apr 8, 2009 10:55am
Quoting smjones
It does not plot a channel. I have it so you can enter inputs for the top and the bottom of the channel you want. Sounds like I am off the mark here on what is required. Oh well. LOL
I get it now. Yes I think I will use this.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadicce.jpg Size: 151 KB
Is your SL my TP?
  • #139
  • Apr 8, 2009 10:56am Apr 8, 2009 10:56am
Hey Scott, I notice on the Monthly Chart I posted that the Fib% lables are missing. This could be due to my total lack of experience with MT but if not, is there a way I can get them to show?

Thanks again.
Bill
  • #140
  • Apr 8, 2009 10:58am Apr 8, 2009 10:58am
Quoting smjones
It does not plot a channel. I have it so you can enter inputs for the top and the bottom of the channel you want. Sounds like I am off the mark here on what is required. Oh well. LOL
Au contrere... BULLSEYE.

Please do not let this deter anyone else who is working on this code. I'm sure that there will be differences between them & that we {eh, you} may be able to combine the best of all.

Thanks guys. I really apprieciate it. I wanted to give this to FF.
0 traders viewing now