Hi Jerry!
"FibboGatto
1:
((c+ref(c,-1)+ref(c,-2)+ref(c,-3)+ref(c,-5)+ref(c,-8)+ref(c,-13)+ref(c,-21)+ref(c,-34)+ref(c,-55)+ref(c,-89)+ref(c,-144))/c)*-1
{{{adding closing price only on fib days 1,2,3,5,8,13,21,34,55,89 and 144 and then dividing by today's close}}}
2:
mov(((c+ref(c,-1)+ref(c,-2)+ref(c,-3)+ref(c,-5)+ref(c,-8)+ref(c,-13)+ref(c,-21)+ref(c,-34)+ref(c,-55)+ref(c,-89)+ref(c,-144))/c)*-1,34,e)
{{{ 34 period mov avg of above indicator}}} "
I was looking for some stuff off of Andy's best of the best and ran across this item. Was curious if you've done anymore with it or let it go? I was playing with it a little this morning. All of my stocks now are a result of a fib scan that I use to get me close to s/p lines. When I read this post, I had to check it out.
I put a TSF(13) on #1 above. I use #2 to assure the stock is going in the right dirsection. So while the moving average is going up the left side, I look for #1 to cross over the TSF. Seems to be pretty effictive for short term trades. I have not done system testing, just early preliminary eye-balling.
Thanks for the indicator....
-- Gt -- |
