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- bedayan replied Apr 5, 2013
Hi Rstranger, which values for fibonacci calculator you are considering for zone6 and zone1? Left value or right value which are marked with orange.Please see below screenshot.Because I dot see the zone 6 value which you mentioned in the chart? ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 5, 2013
Hi , No its not the only rule.check yesterdays GBPUSd trade price was in below MA but long has been taken. Even I am not sure how exactly they are using this calculator in there strategy.Nobody put on a exact strategy what exact condition entering ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 5, 2013
Hi , Today EURUSD and GBPUSD both are in zone6.Based on that if we could have entered sell trade both of the trade could have stopped out. whatz you opinion how di you traded today?
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 5, 2013
Hi Rstrager, I have couple of question... I have axi trader mt4 platform and I updated MT4 required setting but excel sheet not updating with price in gray zone. why in 61.8 you have written its here? And how do you trade with it? when you see price ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 3, 2013
Hi, Loo at the EURJPY trade today.Three buys.According to the first excel if you put you entry order and take profit you are well in profit.Please see below screenshot. image
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 3, 2013
Yess Strong trader Red fibo is sell yellow fibo is sell and green fibo which is mentioned also shows sell.So three sell. But Entry price according to first excel sheet still not reached if we put entry order during franfurt open. How do you measure ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 3, 2013
You check first sheet of excel sheet for buying and selling entry price is calculated and given. You can just put pending order at the begining of franfurt open. As far as calculation goes here in the forum excel sheet is unlocked .You can check by ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 3, 2013
Hi , As you mentioned I have backtested it for GBP USD pair.I am using price feed from FXCM tradestation account. I would say after plotting deciding your trade signal.Only place order only before franfurt open. In this case EURJPY trade was ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 3, 2013
Hi Captain, I dot know what you have done.I have back tested it for last five days and its all in profit.Not sure what or how you doing back test? when signal dot match red and yello fibo you are not just simply going to take above fibo zone ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 3, 2013
Hi Captain , I think gbp calc signal nothing but following signal.when red fibo and yello fibo value is different did you try to cross check with following signal confirmation before taking signal? Suppose red fibo sell yello fibo buy. and the ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
Sorry here is the correct values.As per excel sheet result is shown using metatrader FXDD chart.I wonder we should use that chart only or not.Moreover I am using FXCM tradestation not MT4 platform. image
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
Hi Strongtrader, Thanks for your fast reply.For price feed which broker platform you are using?I am using fxcm and because of that open,high low price is different signal for me calculating different. For your usdcad is double sell. For me it was ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
I have tried to find out if there any calculation for green zone(gbp calc) but I did not find any.Your trade chart example does not explain anything.You just post the chart excel sheet calculation for that day thatz it nothing else. You did not ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
He Stongtrader, You seems like not strong enough.
Where do I mentioned that I back test with monday ,tuesday????????????????????? Please read it carefully.I know how you derive third signal same way I used for deriving third signal.Why dot you ...(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
Hi Niepce, If red fibbo and yellow fibo give same signal .You dot have to look for any other thing.You can blindly can take the trade. Problem arises when red and yellow both giving different signal.At that time we require third confirmation. For ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
Hello Strongtrader, Seems like you are very strong in english
. In my post no where I have mentioned you will get better result.I just asked everybody to backtest it before using it.So that its getz cleared to them what you can expect. I dot ...(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
Hi Strongtrade, You guys playing around it thatz good.Did you guys try to backtest with the data provided in excel sheet or directly trading it? I have tried and result is very disappointing. Fibonacchi value is does not derive the green zone value. ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
Green signal you derived from if current candle open price is in zone 6 then sell or current candle open price is in zone 1 then buy or simply take following marke section as your green signal. image
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
Hi Strongtrader, Thanks for the reply.No I am putting the data only in first sheet. I thought zone means a range of price.I thought according to your screenshot zone6 is from 1.5299 till 1.5235. One more thing if you check today price action todays ...
(binned per thread starter’s request) Fibo zones - the relation b
- bedayan replied Apr 2, 2013
while calcualting above fibo calculator we are not considering the high low of previous 2 days its consider highest high pervious two days and lowest low of previous two days and close of yesterday to calculate the zones.You can check the ...
(binned per thread starter’s request) Fibo zones - the relation b