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Fibo Circles...the magic number is 141.5...

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    Fibo Circles...the magic number is 141.5...

    Here is something to try out perhaps....when setting up properties in a Fibonacci Circle where price and time are divided seperately...try 141.5 as a base number...this will put an arc or circle about the end of the anchor line ...then use factors of 141.5 to set up other desired harmonics of the anchor line.

    Below is a screen shot of a chart example of one way this can be set up...along with the properties for this example.....the solid "control" color lines are even factors of 141.5 X 1, 2, 3 & 4...the yellow lines are 1.5, 2.5 & 3.5 X 141.5. The green lines are 1.618, 2.618 & 3.618 X 141.5.

    Thanks...
    Attached Files
    Last edited by Alfred; 02-05-2010, 02:58 PM. Reason: fixed some stuff

    #2
    Interesting results indeed Alfred.
    Josh P.NinjaTrader Customer Service

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