gostego wrote: ↑

Tue Oct 19, 2021 4:44 am

What do you think about moving this topic to the the Private Vault section?
Few people=best party

hmm i am not sure because if move it to private section this will cut off visitors who are not a actual member to dis site........... members all here can participate in the topic now.......... i feel it may be unfair for those not register up here THEN hundreds ppl will try join just 2 look at xard topic

xard is much perfect and we are trying to make it more perfect

FourXXXX wrote: ↑

Mon Oct 18, 2021 4:41 pm

Some of you may find this indicator useful that I have been working on. It is not based on Xard's rules, just on the ZZ.

Feel free to offer improvement suggestions.

I just realized the extension values will change once a new ZZ draws so I will need to add another set of levels.

It draws 2 lots of Fibonacci levels based on the ZZ swings. The first levels are standard Fibs for retracements. The second lot is extension levels based on the second last ZZ leg which are used for take profit.

The settings are correct for M5, if you want to use it on M15 change Extdepth to 36.

Thanks Gary!
That is a handy tool, if possible, could you get Banzai or Mr. Tools (should they have time), to make a button version of this great tool?
Thanks for your Take Profit indi, Golden Nugget indi and all your helpful suggestions and comments in this forum.
Kind regards
Aneek

FourXXXX wrote: ↑

Mon Oct 18, 2021 4:41 pm

Some of you may find this indicator useful that I have been working on. It is not based on Xard's rules, just on the ZZ.

Feel free to offer improvement suggestions.

I just realized the extension values will change once a new ZZ draws so I will need to add another set of levels.

It draws 2 lots of Fibonacci levels based on the ZZ swings. The first levels are standard Fibs for retracements. The second lot is extension levels based on the second last ZZ leg which are used for take profit.

The settings are correct for M5, if you want to use it on M15 change Extdepth to 36.

With some input from Xard I have now got the indicator working as I expect. Still, if you find something not right please let me know.

There are now 3 sets of Fibs, first is your basic retracement of the last ZZ line, second is the extension on the current move away from the last ZZ line, third is showing extensions of the current ZZ Line. I had to add this as the extensions changed before on the new ZZ.

ExtDepth is correct out of the box on either M5 or M15 chart plus added the ability to turn off the lines if you don't want them.

The Green levels show where the current White ZZ line may end and possible take profit levels as shown in the video.

aneek229 wrote: ↑

Tue Oct 19, 2021 8:03 am

Thanks Gary!
That is a handy tool, if possible, could you get Banzai or Mr. Tools (should they have time), to make a button version of this great tool?
Thanks for your Take Profit indi, Golden Nugget indi and all your helpful suggestions and comments in this forum.
Kind regards
Aneek

When I get time I will look at making it a button version, no need to bother other people.

Here is an example of a reaction at 61.8% on the Dax.

FourXXXX wrote: ↑

Tue Oct 19, 2021 12:40 pm

When I get time I will look at making it a button version, no need to bother other people.

Here is an example of a reaction at 61.8% on the Dax.

Thanks for sharing. I have now been able to understand how it works after watching the video and also the last chart of DAX30 you have posted.
Mundu

Banzai wrote: ↑

Tue Aug 11, 2020 4:58 pm

I totally slept on this version of XARD's system. Thanks Banzai

What is the index of this white square? Can anyone share it？

sam888 wrote: ↑

Tue Oct 19, 2021 7:46 pm

What is the index of this white square? Can anyone share it？

That's you mean is a indicator : TakeProfitBeta1.ex4
Go to Previus Page, Post by FourXXXX

Keep an eye on the White Dot on the 5min chart
Xard777