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Fibonacci Time Projections


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Guest james_phuc28

Hi,

 

Please kindly advise :

 

1. What timeframe is best to use this FibGenerator indicator?

 

2. Does this indicator repaint ?

 

3. How to use this indicator correctly? (where to put stop loss and where to take profit, etc?).

 

Thanks a lot for further information

James

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The title of this 3D is " fibonacci TIME projections"..........Time is much more important than price!

Thank's in advance to someone able to share or to code it for mt4.

 

I wouldn't say that?

Renko boxes are time free but price oriented and unbeatable jet.

Back from 3 months beautiful trip, still disoriented in time jet lag, but coming back into skin.

Cheers Hermes

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If you study Miner´s work carefully, including both books, you will find that his fibo and other time studies are superb...and you will have a very hard time to dupilcate that on MT4.

You can use mt4 to feed the data on dt...indicators for that you will find in another thread..

The time studies can pinpoint turns very very accurately...of course not always....but if you add that as a filter it puts you miles ahead...also very usefull for TP, you can eefectvely calculate how long the swing you are riding might last...it proves astonishingly true, very often!

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