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RafaelZioni
Nov 11, 2020 9:34 AM

Forex system 10 

Euro Fx/U.S. DollarFXCM

Description

This is old method I used in the past for forex
can be apply to any time frame . can be apply to any asset
all you have to do is to follow the colors (red =sell, green=buy)
the system is my modification to fibs system in order to make it more accurate
here is example of setting for 5 min chart
the color determine by cross of the median of high and low
the script try to give us more accurate levels of resistance and support levels especially when we do it in lower TF
the Min is the control need to be same or higher then chart

60 min chart for example


gold 60 min


btc


another forex example 15 min

here 60 min TF on 5 min chart on crypto link
Comments
BossHogg8888
does this repaint?
gianfranco60
It seems working well in tf 4h too. What do you think about it?
RafaelZioni
@gianfranco60, as i wrote it work on any time frame bellow 1 day. I just put the 5 min as example
gianfranco60
@RafaelZioni, Thanks
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