Topic: Indicators that change past signals!
Yes, it sounds strange, but there are such indicators.
The indicator Fibonacci is one of them. It is based on Zig - Zag indicator.
It tends to remove the past loosing signals.
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Forex Software → Forex Strategies → Indicators that change past signals!
Yes, it sounds strange, but there are such indicators.
The indicator Fibonacci is one of them. It is based on Zig - Zag indicator.
It tends to remove the past loosing signals.
Hey you! I want to ask you, what is that zig-zag indicator? Is it too old to use it in MT4?? What is better, Fibonacci or Zig-zag? Help to be better
Thanks
Hey the zig zag method is based on what calculations, or is that the explanation of the Fibonacci?
Zig-Zag indicator calculates the minimums and the maximums. Fibonacci indicator uses these points to calculate the levels. The source code is here: http://forexsb.com/library/source/Fibonacci.html
It means both are complementary? I've been trying with Fibonacci but I can't see signals it supposes to show. Do you think it is because high-fluctuated times or because holidays? Adrian
I really can´t get the difference between Fibonacci and the Eliot waves, are they used for the same thing? or the complement themselves the indicators. Can you give me a hand with that please.
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