Kor Dynamic Fibonacci v.0.2.3 Indicator

[FXFatcat]

Kor Dynamic Fibonacci v.0.2.3 Indicator

[tuyie]

any description about this indi

[MegaWham]

I've had a look at this indicator and it looks like it automatically calculates several different fibonacci retracement lines based on different highs and lows. It is dynamic because the current price action is changing the current high and low.

That's my understanding of it really. I can see how it could be semi useful, but for the most part I can't see how using it is going to give you an edge, apart from a mental one. I can't see how this dynamic fibo will give good 'signals' for entry and exit. I think the best way is to understand the charts yourself and then read up on how to draw Fibonacci lines; and then draw them yourself on larger time frames.

Simple =)

I think we can overcomplicate things to give ourselves the illusion of control; this control for the most part is a fallacy.

[metalcapon]

The dynamic Fibo is an Important tool if you have the right setting, Its not a trade signal indicator but it's gonna give you an edge.

[MegaWham]

The dynamic Fibo is an Important tool if you have the right setting, Its not a trade signal indicator but it's gonna give you an edge.

I don't understand how it can have any statistical meaning when it moves so much. I really don't get how this tool can be used to give you an edge, and I hope you can provide some light on it?

[metalcapon]

I don't understand how it can have any statistical meaning when it moves so much. I really don't get how this tool can be used to give you an edge, and I hope you can provide some light on it?

The Financial market is dynamic in nature. When working with Kor Dynamic Fib, It gives you the edge you need by providing the option to predict price movement and time completed. Price history is the best way to predict next move.
Its all depends on your trading strategy and application module,But I tell you, Kor Dynamic Fib is a legend tool, Once you have the right setting and know what your looking for in the market. '' It does not change on my Chart '' Without a reason to that.

[theMoney]

The Financial market is dynamic in nature. When working with Kor Dynamic Fib, It gives you the edge you need by providing the option to predict price movement and time completed. Price history is the best way to predict next move.
Its all depends on your trading strategy and application module,But I tell you, Kor Dynamic Fib is a legend tool, Once you have the right setting and know what your looking for in the market. '' It does not change on my Chart '' Without a reason to that.

That's really interesting. I've never used this indicator before either, but I'm very interested in learning it a bit more now. I've attached it to my chart and I see purple and green numbers going from 0 to 500. I'm not sure what's going on there though; can you shed a bit of light on it?

I've been looking for something else to add an edge to my trading; maybe this could be the golden goose! =D

[metalcapon]

That's really interesting. I've never used this indicator before either, but I'm very interested in learning it a bit more now. I've attached it to my chart and I see purple and green numbers going from 0 to 500. I'm not sure what's going on there though; can you shed a bit of light on it?

I've been looking for something else to add an edge to my trading; maybe this could be the golden goose! =D

http://www.fxfatcat.com/forex-forum/...ions-compared.

Check the link for your questions, I guess i need a sleep a now.

[YES]

http://www.fxfatcat.com/forex-forum/...ions-compared.

Check the link for your questions, I guess i need a sleep a now.

I'm gonna have a look into this myself as I'm into my Fibonacci's! If I find out anything interesting I'll be sure to report back on it.

[metalcapon]

I'm gonna have a look into this myself as I'm into my Fibonacci's! If I find out anything interesting I'll be sure to report back on it.

Yes do, Its for charting purpose. A pro tool.