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NEW Fibonacci ABC (123) tool

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    NEW Fibonacci ABC (123) tool

    Hey NT, (or forum gurus). Take a peek at my attached pic.

    Is there an existing plug-in or perhaps such a tool in development (wink-wink) that provides Fibonacci retracements (and/or) projections within a traditional AB=CD (aka 123) price pattern standpoint.

    Yes, I know all about Fibs retracements and extensions, however this would be a manually placed line tool that would have the option to show both Fib retrace levels off the AB leg, then project (or extend) the "one to one" measured move for the CD pattern completion. Additionally would be an excellent tool for analysis of Fib/ratio confluence.

    Ninja Trader's platform is VERY crisp, clean and light years ahead of what I've used in the past and having a tool such as this would be simply awesome.

    Mongo
    Attached Files

    #2
    Originally posted by majormongo View Post
    Hey NT, (or forum gurus). Take a peek at my attached pic.

    Is there an existing plug-in or perhaps such a tool in development (wink-wink) that provides Fibonacci retracements (and/or) projections within a traditional AB=CD (aka 123) price pattern standpoint.

    Yes, I know all about Fibs retracements and extensions, however this would be a manually placed line tool that would have the option to show both Fib retrace levels off the AB leg, then project (or extend) the "one to one" measured move for the CD pattern completion. Additionally would be an excellent tool for analysis of Fib/ratio confluence.

    Ninja Trader's platform is VERY crisp, clean and light years ahead of what I've used in the past and having a tool such as this would be simply awesome.

    Mongo
    I believe that is called a Fibonacci Extension, and already exists in Ninja Trader.

    Comment


      #3
      Hey Koganam -

      Yes, NT does have a separate Fib retrace and a separate Fib extension tool...and yes, you can combine a Fib retrace with a fib Extension by typing in (negative numbers in your Fib retrace tool ; - 1.27.2, -.161.8 etc)

      Look at this tool again...it's an ALL in One and is freaggin' awesome.

      Mongo

      Comment


        #4
        Hello majormongo,

        Please see my response to your email to Support on this same item.
        ChipNinjaTrader Customer Service

        Comment

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