|
PureBytes Links
Trading Reference Links
|
I checked the library and there was nothing concerning Fib lines. I
did recently get the following email:
Hello Mr,
I have created formulas to detect Fibonacci retracements.
Maybe you are interested on this formulas.
They are not free because it has taken really a lot of hours
to develop.
http://www.tradingbasis.com/formulas/Fibonacci/Fibonacci.htm
Best regards
Thomas Zmuck
Take a look at his site, it may help
might be worth the money if he has them right
MR
--- In amibroker@xxxxxxxxxxxxxxx, "Graham" <gkavanagh@xxxx> wrote:
> Fib numbers are applied on the basis that the number divided by
next number
> and charted has the line approaching 0.618 (think that is right)
> It makes sense to use these as the number series was originally
formulated
> to simulate a rabbit population increase, makes sense to apply
this to
> building architecture and structures, and of course trading :-)
>
> You could apply the number series as a loop function and draw them.
> Fib[0] = 0.25;
> Fib[2] = 0.382;
> Fib[3] = 0.5;
> Fib[4] = 0.618;
> Fib[5] = 0.75;
> Fib[6] = 1;
> etc
>
> Then include this with the line draw tool I posted before and you
can draw
> all the lines like the manual method.
>
> For(f=0;f<=6;f++)
> {Then some formula to create and plot the various lines, or
signals}
>
> As a trading tool, maybe have a signal when the price is nearing a
fib ratio
> allowing some leeway for real life +/- 10% or such, or when the
price
> crosses a fib ratio. I have not looked into this, but might put it
on my
> list unless someone already has done it. I did not check the
libraries or
> email histories.
>
>
> Cheers,
> Graham
> http://www.golala.com/forums/?mforum=asxsharetrading
> http://groups.msn.com/fmsaustralia
>
> -----Original Message-----
> From: mroman59 [mailto:mroman59@x...]
> Sent: Monday, 26 January 2004 9:34 AM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Re: Fibonacci - Graham or anyone
>
>
> Thanks Graham
>
> You are on the right track, however this is not what Fibonacci
lines
> are all about. Amibroker can draw the lines but i dont know how to
> use this in exploration. At the following site I found the
formuala
> for Fibnacci Numbers but I have not figured out how to apply them
to
> stock price low to highest high or most recent high.
> http://www.stockstoshop.com/fibonaccinumbers.htm or see below: If
you got to
> the site you can see a chart diagram of MSFT.
>
> Thanks
> MR
>
> Fibonacci Numbers
>
> Fibonacci numbers measure the amount the market has retraced
> compared to the overall market movement. Fibonacci numbers are
> ratios, which are mathematical in nature derived from the
Fibonacci
> sequence, which was developed by Leonardo Fibonacci.
>
> Fibonacci retracements are commonly drawn from the beginning of
Wave
> 1 to the top of Wave 3 to find a target to the Wave 4 retracement.
>
> Fibonacci numbers are the numbers in the Fibonacci sequence 0, 1,
1,
> 2, 3, 5, 8, 13, 21, . . . , each of which, after the second is the
> sum of the two previous ones.
>
> Fibonacci numbers can also be considered as a function of non-
negative
> integers:
>
> n = 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, ...
> F(n) = 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, ...
> The exact closed form solution for this function is called the
Binet
> formula:
>
> F(n) = (Phi^n - PhiP^n)/Sqrt(5),
> where Phi = (1 + Sqrt(5))/2 = the Golden Ratio,
> and PhiP = Phi Prime = (1 - Sqrt(5))/2 = 1 - Phi = -1/Phi,
Since F(n)
> is an integer and the magnitude of PhiP^n/Sqrt(5) is less
> than 1/2 for n >= 0, a variant form of the formula is:
>
> F(n) = Round(Phi^n / Sqrt(5)), n >= 0.
> Fibonacci numbers can also be defined for negative n:
>
> F(-2 n) = -F(2 n)
> F(- 2 n - 1) = F(2 n + 1)
>
> n = ..., -6, -5, -4, -3, -2, -1, 0, 1, 2, 3, 4, 5, 6, ...
> F(n) = ..., -8, 5, -3, 2, -1, 1, 0, 1, 1, 2, 3, 5, 8, ...
> The continuous analytic function:
>
> F(x) = (Phi^x - |PhiP|^x)/Sqrt(5),
> passes through all Fibonacci numbers of even n = x (n positive or
> negative).
>
> The continuous analytic function:
>
> F(x) = (Phi^x + |PhiP|^x)/Sqrt(5),
> passes through all Fibonacci numbers of odd n = x (n positive or
> negative).
>
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Graham" <gkavanagh@xxxx> wrote:
> > Not certain exactly what you are wanting, so I will enclose an
> example to
> > see if it helps. This is finding the last 260 day high, then the
> 260 day low
> > prior to that, and plotting these with the 38% retracement from
> the high.
> >
> >
> > L52 = LastValue( Ref(LLV(L,260),-H52bar-1) );
> >
> > L52bar = LastValue( BarsSince(L==L52) );
> >
> > change = H52-L52;
> >
> > Retrace38 = H52 - change*0.38;
> >
> > Plot(C,"price",colorBlack,styleBar);
> >
> > Plot(IIf(BarIndex()>=(BarCount-1- H52bar), ValueWhen(H==H52,H),
> Null),
> > "H52", colorRed,
> >
> > styleLine);
> >
> > Plot(IIf(BarIndex()>=(BarCount-1- L52bar), ValueWhen(L==L52,L),
> Null),
> > "L52", colorRed,
> >
> > styleLine);
> >
> > Plot(IIf(BarIndex()>=(BarCount-1- H52bar), Retrace38,
Null), "Retr
> 38%",
> > colorGreen,
> >
> > styleLine);
> >
> > GraphXSpace=5;
> >
> >
> >
> > Cheers,
> > Graham
> > http://www.golala.com/forums/?mforum=asxsharetrading
> > http://groups.msn.com/fmsaustralia
> >
> > -----Original Message-----
> > From: mroman59 [mailto:mroman59@x...]
> > Sent: Saturday, 24 January 2004 8:06 AM
> > To: amibroker@xxxxxxxxxxxxxxx
> > Subject: [amibroker] Fibonacci Formulas? Help anyone
> >
> >
> > Does anyone have the formula for determining the price of a
stock that
> > retraces using the popula fibonacci % lines. I am alittle
confused,
> > when i draw the lines using AB from lo to hi point it gives me
the
> > %lines and a value. However the value does not seem to correlate
with
> > the %retracement. For example, when i calculate the % that a
stock
> > has retraced from its 52 week hi the value does not match the
with the
> > lines drawn nor does the value 38.2% line value correlate with
actual
> > 38.2% retracment of the stocks value. Now
> that
> > I have you confused and myself can anyone help me? I am trying
to
> > create an exploration or indicator that will alert me when a
stock in
> > my watchlist has retraced to one of these values.
> >
> > Thank YOu
> > MR
> >
> >
> >
> > Send BUG REPORTS to bugs@xxxx
> > Send SUGGESTIONS to suggest@xxxx
> > -----------------------------------------
> > Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web
> > page: http://groups.yahoo.com/group/amiquote/messages/)
> > --------------------------------------------
> > Check group FAQ at:
> > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> >
> > ------------------------ Yahoo! Groups Sponsor ------------------
--
> -~--> Buy
> > Ink Cartridges or Refill Kits for your HP, Epson, Canon or
Lexmark
> Printer
> > at MyInks.com. Free s/h on orders $50 or more to the US &
Canada.
> > http://www.c1tracking.com/l.asp?cid=5511
> > http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/GHeqlB/TM
> > -----------------------------------------------------------------
--
> --~->
> >
> > Yahoo! Groups Links
> >
> > To visit your group on the web, go to:
> > http://groups.yahoo.com/group/amibroker/
> >
> > To unsubscribe from this group, send an email to:
> > amibroker-unsubscribe@xxxxxxxxxxxxxxx
> >
> > Your use of Yahoo! Groups is subject to:
> http://docs.yahoo.com/info/terms/
>
>
> Send BUG REPORTS to bugs@xxxx
> Send SUGGESTIONS to suggest@xxxx
> -----------------------------------------
> Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
> (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> --------------------------------------------
> Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html
>
> Yahoo! Groups Links
>
> To visit your group on the web, go to:
> http://groups.yahoo.com/group/amibroker/
>
> To unsubscribe from this group, send an email to:
> amibroker-unsubscribe@xxxxxxxxxxxxxxx
>
> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/GHeqlB/TM
---------------------------------------------------------------------~->
Yahoo! Groups Links
To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|