It does update on a new bar, by default. But you can set it to update on new high/low on a tick by tick basis. I've attached it. I basically uses the ZipZag algorithm to identify highs and low and then draw the fibs between them. It only works on ...

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Later Knuckle...

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Not out-of-the box, no. I had to write a custom indicator to get mine. Happy to share it if you're interested.

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Gotcha. No worries.

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Agreed..I think we're gonna wind down a bit then head higher. I'm seeing a downward wedge confirm on the 15min.

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What divergence indicator are you using?

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I'm out for the night. Good luck all, cuz ya won't be gettin' my pips! HAHAHAHA.

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4700, really? Wow, that's a bold prediction! I'd be tempted to lay odds of 4000 before 4700.

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Depends... Eventually it will, but I think we're gonna see at least 4175 first.

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You rock!! — I like people that argue with me!

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And then head to 4200

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4130 — I think we're gonna retest 4130. Volume down,...

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+35 pips is "OK"? I was happy with my 15!

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You rock... — You're right. It has nothing to do with the fact that the Fed is losing it's a## on the distressed mortgages it bought.

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Mayday... mayday... — I am taking my 15 pips and going home until we cross 4160...

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Where does it stop? — Could get interesting in a few. I have been counting on the big bulls to push through the resistance at 4150. Bullish ticks still outstrip bearish ticks, but volume is down...

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Locked a 3-pip profit in w/ a stop-loss. Woohoo!

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Don't drink and trade! — Knuckle, As a general rule, I tend to agree with the "Friends don't let friends drink and trade" mantra. But there's a certain level of drinking which is actually productive. I know I sometimes get too attached to my ...

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Here we go boys and girls. Volume is up on the upswing.

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Money Management — Do you guys (and gals) use partial close for money management? I have a MetaTrader EA that closes 1/4 of my position every 10 pips of profit. I have mixed feeling about it. Sometimes I think it's a good thing, sometimes I ...

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