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Aboonacci System - for EUR/USD prediction

  • #501
  • Sep 25, 2010 6:23pm Sep 25, 2010 6:23pm
Quoting hutrader
I think you have said it very well and I honestly am amazed. Fibonacci taken to a higher level. I always say to people to ignore news. Price is already determined. We just don't know where but with your help we do!
In...


as soros said. it's not about being right or wrong. It's how much you make when you are right and how much you lose when you are wrong.



close hi lo Difference cl hi lo /3
01/08/101.26841.33331.25870.07461.2868

hi-lo + cl = 1.3430 target for september


augusts low similarish but halving the difference...

close hi loDifferencecl hi lo /3
01/07/101.30541.31061.21940.09121.2785

cl - hi-lo/2 = 2600 target for august


the possibilities are endless........
  • #502
  • Sep 25, 2010 7:00pm Sep 25, 2010 7:00pm
Hi Aebab,
thank you and really look forward to the calculator that produces Buy@x Sl=y TP=z and Sell@x Sl=y TP=z
By the way what is Monthly Value in the calulator means? and also how do we know what is the pivot levels to enter?

Quoting aebab
Hi
I was tired of development process , I just came to see whats going on the thread and inform that software is going very well . I have provided Buy@x Sl=y TP=z and Sell@x Sl=y TP=z . A lot of things like Low reversal points and high reversal points are automaticly calculated and shown in the software . Interpretation is added and shown by words . Monthly Value is omitted and you only provide a close .
In new version of Abonacci calculator , The provided Close can be any candle , any timeframe 5M,15M,1H,4H,Daily...
  • #503
  • Sep 25, 2010 10:44pm Sep 25, 2010 10:44pm
Quoting hutrader

In my life skills university our teacher told us " You can either be right or rich" I don't care if I am right or wrong, I rather keep silent and be rich.
So those who don't agree with your analysis, they probably stay poor.
I'd simply ignore them.
Couldn't have said it better. Amen to that.
  • #504
  • Sep 25, 2010 10:46pm Sep 25, 2010 10:46pm
Quoting aebab
Hi
I was tired of development process .....
We are all very excited and looking forward to it Bobi.
  • #505
  • Sep 26, 2010 4:22am Sep 26, 2010 4:22am
Quoting simplecoders
Thank you for your generosity Abeb!. Your first software is doing wonders. You next version should be doing wonder of wonders. With your mindset i am sure nothing negative will stop you in developing your trading arsenal. All the best!!
Great work bobi, s/r levels are extremly precise.
thanks for sharing
  • #506
  • Sep 26, 2010 5:57am Sep 26, 2010 5:57am
Quoting teemo
...Now if you really did get the hang of this system I would appreciate it if you can clarify it or put it in simple but comprehensive form...
Hello teemo

I think I do have a pretty good handle on what is going on here. But I think it would be improper of me to put words into Bobi's mouth and give my slant on what he is saying.

This is his thread and it should unfold in his way and at his own pace. Don't get me wrong - I am excited too. I am looking at some stuff on my screen that has nearly caused me to put a new battery in my pacemaker (lol!)

But time is on our side (well, yours anyway). The market is always there. If we don't crack it this week, next week is good enouigh for me. So have patience, my friend, and I am sure we will all get there.

Besides, when you get to my age, you will realise that finding something this good is like meeting a new girlfriend. The real fun is not the conquest, but the heat of the chase...

Best regards

Old Dog
  • #507
  • Sep 26, 2010 6:00am Sep 26, 2010 6:00am
Teemo, you need MetaTrader for the templates to work, as that's what they're designed for. You can set up a demo account with FXPro for no cost and paste the template files in the FXPro MT4 programme once you've set it up.

If you visit Programme Files on your PC once you've set the programme up, you should see a file called FXPro - MetaTrader, click on that and one of the files you will see is called Templates. Open that and paste the Abonacci template in there.

When you open the Metatrader programme you should be offered a EUR/USD chart as one of the defaults. If not you can select it from clicking file at the toi-p of the screen, New Chart and select EUR/USD from there. You can amend it to 15 minutes at the top of the screen and right click on it to open the options. The option include which template you wish to use and Abonacci will be one of them. That should be you almost ready to go.

I'm afraid I can't help you with question 3, but hope the above helps a bit.
  • #508
  • Sep 26, 2010 7:18am Sep 26, 2010 7:18am
Quoting stimpy
as soros said. it's not about being right or wrong. It's how much you make when you are right and how much you lose when you are wrong....
hello, could you please be more explicit on the above calculation?
The World As It Is Can Do With Your Positive Disposition
  • #509
  • Sep 26, 2010 8:11am Sep 26, 2010 8:11am
Quoting TheDivine
As I understand form the thread and the pdf document, I have added next phase, phase 8 UP and done steps 1, 2 and 3 so we can find reversal point for current phase, which is phase 7. Also I have added next phase on BreakOut template. Because we have BROKEN the level of this phase and we are in expectation to reach 100 %.

I also calculated pivots from Friday's close and 50 % value of current phase.

I hope that I understand well and I have done the right thing.

Best Regards,

please how were you able to add the other phases...i tried to on but there's no space above the current phase...how did you bring out the next phase from the chart?
The World As It Is Can Do With Your Positive Disposition
  • #510
  • Edited 9:48am Sep 26, 2010 9:17am | Edited 9:48am
Quoting liberty71
please how were you able to add the other phases...i tried to on but there's no space above the current phase...how did you bring out the next phase from the chart?
Put -127 in the "phase range" setting of the indicator. However, this reverses the mid phases so its not the final solution.
  • #511
  • Sep 26, 2010 9:26am Sep 26, 2010 9:26am
Quoting liberty71
please how were you able to add the other phases...i tried to on but there's no space above the current phase...how did you bring out the next phase from the chart?
The range of the phase is 127 pips, so from the 100 % of current phase, we should put Fibonacci retracement with value's like the picture below.

I hope that this will help
Attached Image
  • #512
  • Sep 26, 2010 10:16am Sep 26, 2010 10:16am
I watched the Video, at one point he shows how to duplicate a phase. But I cannot do that. I did download FxPRo, but do not seems to COPY a PHASE... Can anyone explain this process..I want to add a PHASE on the Top since September Template is reaching it's top limits on PHASES...

as far as I know.. in MT4 there is NO Function to copy anything NO Trend Lines/Shapes etc.. You can always Draw a new one--

Thanks in advance
  • #513
  • Sep 26, 2010 10:24am Sep 26, 2010 10:24am
Quoting pipmonger
I watched the Video, at one point he shows how to duplicate a phase. But I cannot do that. I did download FxPRo, but do not seems to COPY a PHASE... Can anyone explain this process..I want to add a PHASE on the Top since September Template is reaching it's top limits on PHASES...

as far as I know.. in MT4 there is NO Function to copy anything NO Trend Lines/Shapes etc.. You can always Draw a new one--

Thanks in advance

draw a new one 127 pips up then.

simples.
  • #514
  • Sep 26, 2010 10:39am Sep 26, 2010 10:39am
Ahh... The curse of automation! The kind soul who provided the indicator only allowed for 7 phases - which most months should be plenty. But this has been a trendy month so we've run out of road...

I have just squashed the chart a little and then resorted to the good old-fashioned method of drawing the lines by hand with the horizontal line tool. Not too onerous!

Regards

Old Dog
  • #515
  • Sep 26, 2010 10:49am Sep 26, 2010 10:49am
Just add 127 pips to top phase and draw another line above it manually. That is all!!
  • #516
  • Sep 26, 2010 10:59am Sep 26, 2010 10:59am
has anyone tried different phase settings? i have found more optimal settings via various methods.

for instance using the recent low or the low of that day then using the calculator to generate some interesting findings.

because it must be related right?

does anyone know of a fib/line tool in pips and not % considering we are using fibs in pips?
  • #517
  • Sep 26, 2010 11:10am Sep 26, 2010 11:10am
Quoting TheDivine
The range of the phase is 127 pips, so from the 100 % of current phase, we should put Fibonacci retracement with value's like the picture below.

I hope that this will help
you can also double click and hold the clt )control key) at the same time that will duplicast rhe fib drawn
  • #518
  • Sep 26, 2010 11:16am Sep 26, 2010 11:16am
Quoting stimpy
has anyone tried different phase settings? i have found more optimal settings via various methods.

for instance using the recent low or the low of that day then using the calculator to generate some interesting findings.

because it must be related right?

does anyone know of a fib/line tool in pips and not % considering we are using fibs in pips?
Please,, we dont even have a grasp of this method and you try to put your interpretations and new concepts, then i sugest you open your own thread and discuss it there, please let us ( the ones that really want to learn more on this concept ) stay here and learn
  • #519
  • Sep 26, 2010 12:07pm Sep 26, 2010 12:07pm
Post 1 of 3

Friends,

I have been on FF 24 hours and my inbox is filling up with good folk asking why an old dog like me is here and getting excited by all this. So while Bobi is busy with his coding, I will show you my thoughts over a few posts. I want to emphasise that I DO NOT WANT to be anything other than a useful contributor to this thread. It is not mine, and I regard it as a privilege for you all to let me contribute what experience I have for the benefit of all.

Like Bobi, I have a fundamental strategy and then a daily bit of icing on the cake. The calc I posted is just a little toy I use when I am bored and want to do a bit of day-trading.

My main strategy is the set-and-forget position I take as described in my earlier post. At the start of each month/week I take a load of numbers from previous months/weeks high, low, close, range, ATR and StdDev and munge all these in a proprietary calculation I have refined over the last 20-odd years into 7 levels.

Please see the attached chart for September.

The "O" line is fixed for the month and the other levels, A, B, C etc unfold week by week. As you can see, as it stands it is not too bad. I trade off these levels using simple PA as I described in my previous post.

Regards

Old Dog
Attached Image (click to enlarge)
Click to Enlarge Name: ABClevels.jpg Size: 100 KB
  • #520
  • Sep 26, 2010 12:12pm Sep 26, 2010 12:12pm
Post 2 of 3

So then I decided to overlay my chart with Bobi's template for September, see attached chart.

I immediately noticed that the separation between my levels OA, AB, OX, XY, etc were exactly the same as his, ie 127 pips for this month.

Coincidence?

But the levels did not quite coincide...

Old Dog
Attached Image (click to enlarge)
Click to Enlarge Name: ABC+Abonacci.jpg Size: 243 KB
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