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I have been able to use the Fibo retracement drawing tool in Metastock with
good success, however, I have yet to find a way to use the Fibo time
projection tool to anticipate turning points.
Ideally, I would like to take the time between two peaks, or the time
between two troughs or the time between a peak and a trough and expand that
by a Fibonacci ratio to predict a turning point. The Metastock tool seems
to give only a count of trading days that fall on a Fibonacci number.
Is there anyone out there that has found a way to use the Fibo time tool in
Metastock so that it gives useful information?
Is there a way to program Metastock to get the time expansions I desire?
Thanks for any help.
Dan
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