Sunday, January 3, 2016

Free FibLines for Thinkorswim

Welcome back loyal blog readers and Happy New Year!

2015 was a busy time for your humble blog author as I continue to enhance the FibLines indicator to prepare for an official launch later in 2016.  There is much to done beyond just creating the product.  So rest assured I have been hard at work behind the scenes to make it happen.

Along those lines, I decided it would be a good idea to create an introductory video that explains how the FibLines indicator works.  So I am pleased to present the video which you can view on YouTube here.

Also, I uploaded a new version of the FibLines indicator to my Yahoo group with some changes as follows:

- Indicator supports only SPY, DIA, IWM, /ES, /YM. and /NQ.  This will be the free version of the indicator going forward.

- Color scheme has been updated as shown in the graphic.

- Corrected some calculations on the 2nd level (Orange) lines which were incorrect.  Thanks to an astute member of my Yahoo group for pointing that out.

This new version is available to members of my Yahoo group under the name FibLinesFree.ts and the prior version which contained all of the levels has been removed.  If you wish to maintain the levels yourself going forward, you can do so using this new file as a starting point.

In the meantime, check out the video and let me know any comments.

Also, you can get a copy of the FibLines indicator for free by joining my Yahoo group, just send an e-mail to fx-mon@yahoogroups.com.

All the best to you and your family for a fantastic 2016!

And of course good luck with your trading.

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