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View Full Version : building Fibonnaci indicator


nightowl
02-28-2006, 06:09 PM
Need correct values to put into the "Input Parameter" dialogue box of the "Tools""New Indicator" ....

Thanks!

NinjaTrader_Dierk
02-28-2006, 08:22 PM
The preset default values match those of TradeStation. Why do you think they are incorrect?

nightowl
03-01-2006, 02:08 AM
Thanks! I just could not find it... didn't look under "tools"

NinjaTrader_Dierk
03-01-2006, 02:11 AM
Welcome. As you figured it a drawing tool and not an indicator.

wagross
06-03-2006, 05:19 AM
I have two contributions to your Fibonnaci tool:

A. The lines should extend rightward either indefinitely or 10 times the distance between the anchor points

B. I understand your default levels match those of tradestation, but either make them user defineable or at the very least add these levels:

127.2%, 161.8%, 202.8%, 261.8%, 423.6%

that other users would argue with these specific levels only makes the case that the levels should be user defined.

As a more general comment, I think Ninja trader would be better served by comparing its draw tools to Qcharts rather than Tradestation. Or use Ensign as a model. I'm sure Tradestation has many great features, but its generally recognized that Qcharts' and Ensign's draw tools thatare the most advanced among all the chart packages available

NinjaTrader_Ray
06-03-2006, 08:59 AM
Draw a fib, select it, right click properties, set your default values.