2 fibonacci indicators translation

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2 fibonacci indicators translation

Postby Cactus » Fri Mar 04, 2016 11:16 pm

I would love if you can translate these two fibonacci mt4 indicators I found on forexstrategiesmentor.com into .lua for use with marketscope.

* QuickFib:
"QuickFib automatically calculates Fibonacci levels according to the highest and lowest points that price has reached on your chart. What is distinctive for this version of Fibonacci indicator is that it draws two “trend-lines”, where one trend-line joins the highest resistance while the other joins the lowest support points. The current price is located in-between these two lines. This way allows you to easily follow and predict the price action while trading by Fibonacci rules." Image

* KorDynamicFibonacci:
bonacci indicator named KorDynamicFibonacci automatically draws multiple Fibonacci levels, joining the few last high-lows."
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Re: 2 fibonacci indicators translation

Postby vikraj » Sat Mar 05, 2016 8:59 pm

Yes apprentice, Kindly develop these 2 indicators for Market scope 2. ( FXCM Trade station).

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Re: 2 fibonacci indicators translation

Postby vikraj » Sun Mar 06, 2016 10:39 am

Hi Apprentice,
For the Kor dynamic Fib. indicator could you please include Fib Levels instead of 25%, 50%, 75%....etc type of levels.
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Re: 2 fibonacci indicators translation

Postby Apprentice » Sun Mar 06, 2016 12:24 pm

Unfortunately, both indicators are coded.
This is my implementation of a similar indicator.
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