TRO_DYNAMIC_FIBSSR - for TS 8.1!!
Posted: Thu Dec 14, 2006 9:32 pm
TRO_DYNAMIC_FIBSSR - TS 8.1 Indicator
Since you can't use 8.0 anymore, I decided to start using some of the 8.1 features such as more than 4 plots.
I combined the dynamic support/resistance and dynamic fibs show me indicators into ONE indicator... TRO_DYNAMIC_FIBSSR.
TRO_DYNAMIC_FIBSSR plots fibs dots between the dynamic support/resistance dots.
In the example, notice what happens the next day when AAPL makes an new dynamic support level ( on 12/7 and again on 12/12 ) - it does a fib retrace ( on 12/8 and again on 12/13). No big news, just profitable entries ( dynamic support ) and exits ( dynamic fib ) for you swing traders..
ELD attached.
Since you can't use 8.0 anymore, I decided to start using some of the 8.1 features such as more than 4 plots.
I combined the dynamic support/resistance and dynamic fibs show me indicators into ONE indicator... TRO_DYNAMIC_FIBSSR.
TRO_DYNAMIC_FIBSSR plots fibs dots between the dynamic support/resistance dots.
In the example, notice what happens the next day when AAPL makes an new dynamic support level ( on 12/7 and again on 12/12 ) - it does a fib retrace ( on 12/8 and again on 12/13). No big news, just profitable entries ( dynamic support ) and exits ( dynamic fib ) for you swing traders..
ELD attached.