Fibonacci Angle Fan
Available in NinjaTrader 8
This differs from a standard Fibonacci Fan, also now available in NinjaTrader8. A Fibonacci Fan derives its fan splay from a High and Low casting protocol. But the Fibonacci ANGLE Fan is a little different. It generates its fan splay from a base axis. And is for hardcore gradient tracking in Fibonacci ratios. Splay lines are generated from the base line in ratios of +/- 1.61, 2.61 and 4.23. Additional (unlimited) ratios are available via manual user input. So the good news is that you’ll never run out of Fibonacci tracking lines again. See Video Link on this page.
Because of coding requirements, this tool is only available in NinjaTrader 8.
NinjaTrader Fibonacci traders might also be interested in a conventional Fibonacci Fan for the NinjaTrader 8 platform.
Testimonial: “The very first time I applied Sam’s instant fib fan tool (the one that automatically/magically draws the correct fan lines with one click) it gave me a clear 61.8 target in the ES for a 7-point trade that took just 30 minutes to complete. I couldn’t be happier. (By the way, I do preference the 61.8 lines. That’s my secret sauce.) It more than paid for the purchase on the first trade.” Kenneth Reid, Ph.D, Day Trading Psychology, Chicago USA