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hello Mr raven ,
there is a small mistake in the formula .I finally nailed it to stocks and commodities mag on trader.com.
This is the correct formula . Insert it at the bar (PlotBlueDot( round( bpt2 + 0.707 * ( bpt4 - bpt2 ) ), Level );)
As for future prices use the fibonacci and gann lines for both time and price given in amibroker main chart window.
Hope this solves part of your problem . If you have a better solution let me know.
DD_ddd
raven4ns <raven4ns@xxxxxxxx> wrote:
Mr. Janeczko,
I looked at your formula for the above indicator and wondered how
to apply it. Could you please explain how a person could get those
projections for future dates? I know using the Fib time tool you can
get approximate turning points but this looks like an interesting
tool for discerning possible turn dates as well (especially with
Gann). I would very much
appreciate your help and how I would apply it. Thank you.
Regards,
Tim
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