mladen wrote: Mon Mar 20, 2017 3:54 am A sort of a zigzag - but it is not a zigzag (it can change the highest high and lowest low, but it can not change the direction once when it gets it, so even though it works on a current, still opened bar, and even though it will move the highest high and lowest low if the market moves like that, it is also a kind of a non-repainting zigzag compared to actual zigzag)
This FIBO is the XU v11-FIBO XXXX indicator of teacher XARD, which is very good.
Expect teacher kvak to add this kind of FIBO prompt to the High-low trend mtf 3 BT indicator.
(Mladen says here:
High-low trend mtf 3:
A sort of a zigzag-but it is not a zigzag (it can change the highest high and lowest low, but it can not change the direction once when it gets it, so even though it works on a current, still opened bar, and even though it will move the highest high and lowest low if the market moves like that, it is also a kind of a non-repainting zigzag compared to actual zigzag
viewtopic.php?f=579496&t=8425685)
Boundless merit!
