It depends what you mean by the trend. You could say the trend on this template may be down, but on larger templates its up. According to this templates rules moving from one phase (crossing 100% line) to another doesn't really mean anything on it ...

Are support and resistance levels predetermined?

Thanks - I haven't tried scalping this. Scaping is something I want to improve on and really enjoyed your babon thread (it kinda fell apart when you left), but I find it really stressful. But your the man to find the way to scalp this.

Pure & simple Abonacci system

Sorry bobha - I missed your contribution earlier - I'll update the first post shortly with baselines, lengths and put a new template on as you suggest. Steve

Pure & simple Abonacci system

Hey Favorite - welcome back man. Honoured to have you here.

Pure & simple Abonacci system

Go for your life fx01- many have tried over the past two years, but if you can nail it then I will fly to wherever you, shake your hand and buy you a drink. Bobi has given a few clues (but they could be red-herrings). He says it's a very complicated ...

Pure & simple Abonacci system

Great - I have a hunch Bobi used Murrey Math principles - but changed some parameters and calculations. I have spent hours playing with calculations and combos, but I am a 'words' man, not a 'numbers 'guy - so it's beyond me. But, what I can see ...

Pure & simple Abonacci system

I think there's probably a thousand ways to set a baseline. The thing about Bobi's method that is very powerful is that you have many templates with differing lengths giving various targets. Sometimes they appear to conflict, but mostly they create ...

Pure & simple Abonacci system

Hi - TBH it won't make any difference - If the length is 1250, you could use any of the MM levels as a baseline. All the baseline does is give a starting place for the phases to start and then repeat/loop. You could use 1312.5, 1375, 1250 etc. - ...

Pure & simple Abonacci system

Doing ok thanks. How's my favorite pooch?

Are support and resistance levels predetermined?

EU T5_103 short -TP 1.37647

Are support and resistance levels predetermined?

They both go in the Indicators folder - if you MT4 has upgraded you will need to put them in the Indicators folder that is inside the MQL4 folder. Steve

Pure & simple Abonacci system

I'm with you - there are three bull targets to hit, T4F, T5_2_2 and T4Y_1130.

Are support and resistance levels predetermined?

GU long and then reversal. image

Pure & simple Abonacci system

Hey Tom - Like you I am still trading Abonacci with Bobi's baselines - but those pairs have driven me mad lately. I am hedged and the ranging is not unlocking anything for me, so at the moment its a waiting game (although FOMC may have got the ball ...

Pure & simple Abonacci system

Generally, The length is the distance in pips between two Murrey Math levels. So say on the daily time frame the distance between two Murrey Maths levels is 488 pips - then that is the length we enter into the Abonacci inidicator.This means an ...

Pure & simple Abonacci system

My broker uses different price format, but multiplying the length by 10 gives the same output. image

Pure & simple Abonacci system

For Gold - I would use Baseline - 1250.00 Daily length - 6250 4h length - 3125 1h length 1562 Silver - I would use Baseline - 21.875 Daily length - 156 4h length - 156 (same as above) 1h length - 78

Pure & simple Abonacci system

I don't think so. My broker has 5 decimal points and length 122 is correct. See pic below image

Pure & simple Abonacci system

Hi ralfy - this is one of those things that is quite hard to describe in written words. I may try and make a video of setting up the charts - can't promise anything. In the meantime, have you been back to the first post and seen the amended section ...

Pure & simple Abonacci system