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simplegreen

10/13/13 5:11 PM

#124037 RE: stkjunky #124036

Stk..the way I set the fib box thing up you don't need anything but zero..100%...50%..38.2 and 61.8..no need for extensions.If one mooves beyond borders of zero and 100 then at that time its been breached so just stack another fib box in the direction of the break.Just dbl clk the current fib box trendline then hold ctrl key down and drag a new fib box above or below depending on break direction(in MT4 it will exactly duplicate the fib box you just left).Stack a new box starting at border of old box.Leave old box in tho...these boxes will be valid for days or even weeks,
The net result of this is new fib box will automatically have levels of 138.2% 150 and 161.8..but the labels will not show those numbers..they are obvious numbers.Also with this method and labeling you wont need to be concerned if you should set a fib up..or fib down.Iknow it seems theres a lot to this but its really very simple once you get your fib tool edited for it.