Registered User
Joined: 7/2/2005
Posts: 4
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Hello,
With stockfinder 5, is there a way to use the fibonacci tool where I can have a few different parameters/rules at once? lets say for example I want these 5 different systems/rules running at once:
1-Notify me when price comes down and appraoches or bounces off the .618 and then moves either .05 cents in price or 1/4% on a daily chart
2-Notify /ALERT me when price breaks down thru the .618 on a daily chart and then notify me when it bounces back thry it again but only if the CCI or RSI is over zero.
3-And will it calculate whether this is a winning or losing system in dollars and /or in % terms for these 2 systems?
4-ONTO THE PLATINUM VERSION USING MUTIPLE TIME FRAMES: Can I BE ALERTED when price bounces off the .786 on a 15 minute time frame and is either bouncing off or staying above the .618 on lets say the 60 min time frame?
5-And in general what would be the most interesting experiments to do using fibs on multiple time frames in your opinion? What are some of my options using multiple time frames with fibonacci?
6-Also can I draw retracements and extensions together at the same time?
7-Can I make the fibs dynamic on intra day charts, meaning they recalculate themselves as the fib numbers are hit?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I do not know of a way to create Conditions or Alerts based on the Drawing Tools (such as the Fibonacci Drawing Tools) in StockFinder at all.
My understanding of the definition of Fibonacci Extensions is that they are retracement levels outside of the 0 to 100% range (Investopedia defines them this way as well). The Fibonacci Retracement Drawing Tool allows you to set the levels arbitrarily and has retracement levels above 100% drawn by default.
Drawing Tools
If by Fibonacci Extensions you mean some sort of Drawing Tool outside of Fibonacci Retracements, I do no thave any suggestions on how to create it. There is not a way to create your own Drawing Tools in the current version of StockFinder.
-Bruce
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