Saturday, January 14, 2017

Auto Fibonacci

Weekend Study: 

The downtime in the market gives us an opportunity to educate ourselves on the methods that other people might be doing.  Since we make scripts for many folks, we see first-hand the demand people have and how that demand evolves.  In recent years, the Fibonacci retracement system has gained more popularity than ever, which is likely helping to contribute to the method's success.  One thing that people say to us is that they don't always have the time or skills to draw the Fibonacci percentages.  This is where we come in and deliver the auto-drawing retracement scripts.

Featured in this post is a script that reacts to new edges being made in the chart's (highest) highs or (lowest) lows.  Then from the edge print the script will begin to draw retracements in user-customized percentage increments.  The defaults are set up at the Fibonacci levels.  We will soon offer this script and other auto-drawing mechanisms in our catalogue.

Check back in often! As our team gets the company off the ground, the catalogue and many great education features will be added to our website.  Thank you for your time, and prosperous trades to you. ~ the SCRIPTaCHART team  

Since the post we have opened! Click here to see this study in our store!


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