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Aboonacci System - for EUR/USD prediction

  • #1,241
  • Oct 1, 2010 4:43am Oct 1, 2010 4:43am
According to the 38.2% rule was broken then the goal is 100% ie 1.3800
but not quickly, if you like beating the previous phase will be a time and 76.4 to 38.2 and then move to 100%.
  • #1,242
  • Oct 1, 2010 4:49am Oct 1, 2010 4:49am
Quoting aebab
Dear traders
Here you can download OCT Template . You can use old calculator to find the targets . I will post a new calculator that will be more accurate for break outs tomorrow . When finished I will send u another calculator that will work more accurate for last month to see the differences .Everything is fixed and I will let you know .
hi Bobi, I'm new here, and I want to thank you for everything you have done for all these

~Best regards~
  • #1,243
  • Oct 1, 2010 4:59am Oct 1, 2010 4:59am
The long trade got hit and closed at 1.3745.

Another long entered at 38.2 level aiming at 100%.
  • #1,244
  • Oct 1, 2010 5:02am Oct 1, 2010 5:02am
simplecoders..

Are you trading break out trades from the calculator and the 38% rule?
What you do is a reflection of you....what I do is a reflection of me.
  • #1,245
  • Oct 1, 2010 5:10am Oct 1, 2010 5:10am
Quoting Ezzy
simplecoders..

Are you trading break out trades from the calculator and the 38% rule?

I am using the old calculator for placing pending orders , short and long.

I also place a long order once the price breaks the 38.2 level aiming at 100%.

If the price takes a U turn down after breaking the 38.2 level but before hitting the 100% level. I add to my longs.
  • #1,246
  • Oct 1, 2010 5:11am Oct 1, 2010 5:11am
Dear booster,
You have received a new private message from aebab, entitled "Re: With all respect".
Here is a copy of the message:
***************
---Quote (Originally by booster)---
Hello aebab,
with all respect I think I "found" the Base_Phase formulae.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Maybe its wrong, but it was just a mental exercise for me to try to find it.
I wont reveal it either if its right or wrong because I think its a matter of respect for what you've been doing.
Thanks alot and accept my best regards from xxxxxxx,
xxxxxxx
---End Quote---
Hello
Its nice . I do not know working or not , but just xxxxxxxx is enough and I never xxxxxxxxxx or something like that . Thats your idea . Reveal that and I thank you for your morality and your respect . But I have no xxxxxxx . Its a procedure with a lot of formulas in it.
Best regards
***************
  • #1,247
  • Oct 1, 2010 5:13am Oct 1, 2010 5:13am
Just wanted to say thanks to Bobi, once last time.

A lot of people here seem to have a "direction" they are trading in right now. Not too often you find that around here.

No more trades for me...I don't do New York and Fridays.

All the best.
  • #1,248
  • Oct 1, 2010 5:15am Oct 1, 2010 5:15am
Hi booster,

Have a good xxxxxxxxx weekend!

Best to you and xxxx's.

xxx
  • #1,249
  • Edited 6:13am Oct 1, 2010 5:27am | Edited 6:13am
Hi all,


attached at the bottom of this post is my updated Script that will draw the Phases for October, in addition to the August and September Phases of the previous version.

Put the .mq4 and .ex4 it in your experts/scripts folder.
Shutdown+restart MT4.
If you don't want to shutdown MT4, then compile the .mq4 with MetaEditor (MT4 will update its list of scripts).

Then find the script in the "Scripts" folder in the Navigator...below...

Attached Image



Better NOT use a Black background on your charts (white is best), or you'll miss the "Phase 0" lines...

[edit] As this is a SCRIPT, and NOT an Indicator, it will NOT follow price moves and new days, so you MUST re-run it whenever you feel needed.
At least run it every new day so it will draw the new daily "74pips Reversal Zones".
I could also make it an Indicator so you wouldn't bother re-running it... just ask...
[/edit]

I have made some adjustments to the inputs.
Running the script without changing anything in the inputs will draw the default Phases as given by Aebab, summarized below:

Aug: 1.3038, 127p;
Sep: 1.2645, 127p;
Oct: 1.3673, 127p;


The other main addition to the script is that it will also draw Aebab's "Closing 74 pips Fibonacci" template, as he explained in his post #40 quoted further down.

The script will draw a 38.2~23.6% "reversal zone", and a thick line representing the SL set at 0% +/- 7pips.

A green "Buy zone" is drawn below NY close price, and a symetrical pink "Sell zone" is drawn above NY close price.


The script will NOT draw the other fib levels that Aebab mensions in his picture, to keep the chart as clean as possible.


You MUST adjust your "NY_close_hour" input according to your broker time zone.
It is set to "23" (=23:00) for GMT+2 brokers (Alpari UK for instance).




Quoting aebab
I'd like to introduce a new fibonacci which I call it Closing Fibonacci . Its one of my favorite tools I have in my chart in the beginning of new day .
Quote
As picture shows , place a fibonacci with 100% at close price and 0% should be 74 pips lower .
I should say that 74 pips is only for this month and it differs month to month . So do not try to use that for other months . I will let you know the range of that in the beginning of new month and use it.
any place you enter for buy order , put stop loss below 0% . Many times works accurate.
On the chart example attached to the post, Aebab says:

Quote
you can place a buy order in 38.2 or 23.6% and put stop loss 5 to 7 pips below 0%
If 0% level is broken, possibly goes lower and cannot reverse and make a new high.
If 76.4% level is broken then even if goes up then should come back and see 61.8%
61.8% level should not be broken if it wants to go up in a good trend.
http://i56.tinypic.com/2ia8wgp.gif



SQ
Attached File(s)
File Type: mq4 sqAboonacciLevelsScript-sep-oct2010.mq4   15 KB | 587 downloads
File Type: ex4 sqAboonacciLevelsScript-sep-oct2010.ex4   13 KB | 453 downloads
  • #1,250
  • Oct 1, 2010 5:32am Oct 1, 2010 5:32am
Many thanks Squalou!

Just when I thought I was going to have a quiet weekend!

Cheers!
  • #1,251
  • Oct 1, 2010 5:35am Oct 1, 2010 5:35am
Upon re-reading your entire post...I missed the bottom part...

Many, MANY thanks Squalou!

Appreciate your efforts!
  • #1,252
  • Oct 1, 2010 5:37am Oct 1, 2010 5:37am
Quoting kenfen69
Upon re-reading your entire post...I missed the bottom part...

Many, MANY thanks Squalou!

Appreciate your efforts!
i'll rearrange the post right away, so ppl won't "miss the end"...
SQ
  • #1,253
  • Oct 1, 2010 5:38am Oct 1, 2010 5:38am
Sometimes I wonder because it looks like a lot of people dont know about fibnode, denapoli levels and even fibonacci calculator.
  • #1,254
  • Oct 1, 2010 5:43am Oct 1, 2010 5:43am
Quoting squalou
i'll rearrange the post right away, so ppl won't "miss the end"...
SQ
Think it was just me...your post is perfect!

But, it seems like a piece of art you've created...so make sure you're happy!

Nice one...thanks again!
  • #1,255
  • Oct 1, 2010 5:44am Oct 1, 2010 5:44am
Quoting truthhurt
Sometimes I wonder because it looks like a lot of people dont know about fibnode, denapoli levels and even fibonacci calculator.
How come?

What makes you wonder that specifically, truthhurt?
  • #1,256
  • Oct 1, 2010 5:47am Oct 1, 2010 5:47am
@squalou

I tryed to test your indie, but nothing happens if i put it on the chart.

Please advise..

/EDIT

Never mind, my stupit mistake..
  • #1,257
  • Oct 1, 2010 5:47am Oct 1, 2010 5:47am
Quoting squalou
Hi all,


attached at the bottom of this post is my updated Script that will draw the Phases for October, in addition to the August and September Phases of the previous version.

Put it in your experts/scripts folder. Compile.
Drop it on your EURUSD chart (any timeframe you prefer).


I have made some adjustments to the inputs.
Running the script without changing anything in the inputs will draw the default Phases as given by Aebab, summarized below:

Aug: 1.3038, 127p;
Sep: 1.2645, 127p;
Oct: 1.3673, 127p;


[b]The other main addition to...
thanks guy...this is one of the positive attitudes i mentioned.
The World As It Is Can Do With Your Positive Disposition
  • #1,258
  • Oct 1, 2010 5:48am Oct 1, 2010 5:48am
Quoting squalou
Hi all,


attached at the bottom of this post is my updated Script that will draw the Phases for October, in addition to the August and September Phases of the previous version.

Put it in your experts/scripts folder. Compile.
Drop it on your EURUSD chart (any timeframe you prefer).


I have made some adjustments to the inputs.
Running the script without changing anything in the inputs will draw the default Phases as given by Aebab, summarized below:

Aug: 1.3038, 127p;
Sep: 1.2645, 127p;
Oct: 1.3673, 127p;


[b]The other main addition to...

For those of us who are not programmers, do you highlight all the code when brought up in the metaquotes language editor and then hit the compile icon? Then do you load it from the indicators? Thanks for any help.

Spencer
  • #1,259
  • Oct 1, 2010 5:49am Oct 1, 2010 5:49am
Quoting judokamak
@squalou

I tryed to test your indie, but nothing happens if i put it on the chart.

Please advise..
"Put it in your experts/scripts folder. Compile.
Drop it on your EURUSD chart (any timeframe you prefer)."
  • #1,260
  • Oct 1, 2010 5:57am Oct 1, 2010 5:57am
Needs to go in your experts/scripts folder.

Then find it in the "Scripts" folder in the Navigator...below...

-Indicators
-Expert Advisors
-Custom Indicators
-SCRIPTS

ps- SQ...may want to compile and post...save some hassle. Appreciate source code, though!
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