Monday, April 21, 2008

IntraDay Fib lines


The line in the middle is the 50% between high and low.

1 comment:

. said...

inputs: fib1(.5), fib2(0), fib3(1), inclGaps(false);
var: hod(0), lod(0);

if inclGaps and date <> date[1] then begin
hod = close[1];
lod = close[1];
end else if date <> date[1] then begin
hod = 0;
lod = 0;
end;
if high > hod then hod = high;
if low < lod or lod = 0 then lod = low;

Value1 = lod + (hod - lod) * fib1;
Value2 = lod + (hod - lod) * fib2;
Value3 = lod + (hod - lod) * fib3;

Plot1( Value1, "Fib1" ) ;
Plot2( Value2, "Fib2" ) ;
Plot3( Value3, "Fib3" ) ;