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| Airs414 2 posts msg #77298 - Ignore Airs414 |
8/5/2009 7:44:13 PM After researching/looking up other fibonacci filters in here, i noticed that 95% of the stocks that retrace back to the 0.000 fib down line run for a good 2-15 days yielding % gains of 10-100% (close between .5 and 20). I have been trying to write (with no luck) a fibonacci down filter to capture these. I need some help and believe the results will be well worth it. Here is what I am looking for: set a high (either 13 week, 26 week or 52 week) within the last 1-2 months which would be set as the fibonacci down(100,40) 1.000 mark. I cannot seem to figure out how to set a certain high at a past date as the 1.000 mark. (I want to do this because SF doesn't always find a good 1.000 high mark. then have the fib down bounce of the 0.618, 0.500, 0.382, and 0.000 retracement lines. ie(low touched fibonacci down(100,40) 0.000 - I can not get this to filter anything if you throw in use of the Weekly Williams %R(2) and Weekly RSI(2) to find bottoms, this will produce great runs from either the .62, .5, .38, 0 mark depending on where the Weekly Billy & RSI are. Thanks in Advance for any help. |
| Eman93 4,750 posts msg #77380 - Ignore Eman93 |
8/7/2009 11:10:59 PM A is the lowest low (think March lows) B is the high of the run, C is the pullback pivot. the T are price targets....the stop is a few ticks below C. |
| Eman93 4,750 posts msg #77381 - Ignore Eman93 |
8/7/2009 11:22:04 PM Like this..........  |
| StockFetcher Forums · Filter Exchange · Fibonacci Filter Help Needed | << >>Post Follow-up |