dsFibConfluence is a NinjaTrader indicator which draws Fibonacci extensions from various high and low pivot points. The random lines create what is commonly known as the fib cluster or the fib confluence points. The Fibonacci confluences acts as a good support/resistance points.
dsFibConfluence uses the Zigzag function to detect the pivot points, and uses the pivots to draws three fib extention levels. One at 161.8%, the other at 261.8% and the last at 423.6% of the swing.
Also be sure to check out the Fibonacci Cluster tool!
| Created By | bukkan |
| NinjaTrader Version | 7 |
| File Size | 7.7 KB |
| Create Date | 06/28/2010 |
| # of Downloads | 3826 |
Importing to NinjaTrader 7 is Easy!
To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:
- Download the app or add-on file to your desktop
- From the NinjaTrader Control Center window, select the menu File > Utilities > Import NinjaScript
- Select the downloaded file from your desktop
Questions?
Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.