I'm a bit lost on how to use the Fib circle, for example. Please advise, thank you.
Announcement
Collapse
No announcement yet.
Partner 728x90
Collapse
NinjaTrader
instructions/examples for Fibonnaci Lines
Collapse
X
-
instructions/examples for Fibonnaci Lines
Guys, are there instructions or examples on how to best use the fibonnaci drawing tools? In a competitive product there's a recommendation to equalize the graphical representations of the time increment and price increment to form a square.
I'm a bit lost on how to use the Fib circle, for example. Please advise, thank you.Tags: None
-
crmcwi, unfortunately I don't have a tutorial handy on this, I would suggest you google this method further. Generally you want to start the circle on a major inflection point to project the S/R circles outward...some people also run those starting from daily / weekly highs and lows which works well if you don't use them isolated, same as with any tool in the box.
-
thanks Bertrand.
I agree with combining tools, certainly.
I'll do as you suggest and I'll try to remember to report back if I find anything particularly cogent.
Are you familiar with Wave59? I don't want to discuss a quasi-competitor on the forum, but if you are and are willing, I would like to ask you something off line.
Comment
Latest Posts
Collapse
| Topics | Statistics | Last Post | ||
|---|---|---|---|---|
|
Started by DannyP96, 05-18-2026, 02:38 PM
|
1 response
27 views
0 likes
|
Last Post
|
||
|
Started by CarlTrading, 05-11-2026, 05:56 AM
|
0 responses
117 views
0 likes
|
Last Post
by CarlTrading
05-11-2026, 05:56 AM
|
||
|
Started by CarlTrading, 05-10-2026, 08:12 PM
|
0 responses
69 views
0 likes
|
Last Post
by CarlTrading
05-10-2026, 08:12 PM
|
||
|
Started by Hwop38, 05-04-2026, 07:02 PM
|
0 responses
226 views
0 likes
|
Last Post
by Hwop38
05-04-2026, 07:02 PM
|
||
|
Started by CaptainJack, 04-24-2026, 11:07 PM
|
0 responses
417 views
0 likes
|
Last Post
by CaptainJack
04-24-2026, 11:07 PM
|

Comment