fibonacci

Avatar
vanpersie
  • updated
  • Under review

In my opinion, it wouldn't be bad if we had another Fibonacci model with a different algorithm, it could be a modification or draw trend lines.

Maybe regular Fibonacci retracement setups are suitable for this model

Replies 3
Avatar
0
vanpersie

Image 4268

Avatar
1
Andrey Khatimlianskyi
  • Under review

It looks like an idea of improvement.

But it is not clear enough to be implemented.

And I'm afraid it will not work with graphical objects, so you need to provide all kind of formulas to calculate lines coordinates.

Avatar
0
vanpersie 
Yes, I thought this model could be a good replacement for the lack of
trend channel line indicators
 But maybe it's better to use a simple trend channel line indicator
Fibonacci has many complications