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building Fibonnaci indicator

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    building Fibonnaci indicator

    Need correct values to put into the "Input Parameter" dialogue box of the "Tools""New Indicator" ....

    Thanks!

    #2
    imported post

    The preset default values match those of TradeStation. Why do you think they are incorrect?

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      #3
      imported post

      Thanks! I just could not find it... didn't look under "tools"

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        #4
        imported post

        Welcome. As you figured it a drawing tool and not an indicator.

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          #5
          imported post

          I have two contributions to your Fibonnaci tool:

          A. The lines should extend rightward either indefinitely or 10 times the distance between the anchor points

          B. I understand your default levels match those of tradestation, but either make them user defineable or at the very least add these levels:

          127.2%, 161.8%, 202.8%, 261.8%, 423.6%

          that other users would argue with these specific levels only makes the case that the levels should be user defined.

          As a more general comment, I think Ninja trader would be better served by comparing its draw tools to Qcharts rather than Tradestation. Or use Ensign as a model. I'm sure Tradestation has many great features, but its generally recognized that Qcharts' and Ensign's draw tools thatare the most advanced among all the chart packages available

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            #6
            imported post

            Draw a fib, select it, right click properties, set your default values.
            RayNinjaTrader Customer Service

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