Waddah Attar Weekly && Monthly Fibo

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Hi every body

this is a new tow indicators.

It is draw monthly and weekly fibo levels with back test.

It is shows current fibo percent.

Try it .. Love it.

Thanks...

 

Love it.....

 

more charts ..

Files:
wadd2.gif  22 kb
wadd3.gif  18 kb
 
waddah attar:
more charts ..

thank you!

i love it.........

 

thanks for the hard work.possible to combine both together?

 

assalammualaikum waddah attar.

can u tell us the way or strategy how do you use this indicator?

 

two of them combined give more power

I do not understand why no one is making a fibotool that combines the fibocount of the waves 1 and 3 to get the most like one for 5. And of wave 2 to get the ones for wave 4. These wave are related strongly. Where there will be a cluster of fibonaccivalues like .62 , 1, 1.62 etc there is a high change of the price to reverse. So one takes the fibovalues of wave 1 to get the length of wave 3. And than the length of wave 1 and 3 to get 5.

This can also be done for time. The length in time of wave 1 has a relation to the timelength of wave 3 and 5. Wave 2 timelength is related to wave 4 length. The turningpoints are even more profound, when time and price cluster! The values were this happen most are know by me. If there is a clever programmer (waddah attar?) who wants to give it a try....let me know and we can make something nice.

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