Wednesday 22 August 2012

Fibonacci

Fibonacci is another buy/sell indicator sort of thing and am looking at incorporating - it is one where the first statement is 'if up trend do this, and if down trend do the other' (the same as Candlestick calcs) as well as pin pointing tops and bottoms of trends - luckily I have been working a long time trying to implement tops and bottoms, and am piggy backing our trace system onto Fibonacci -... as well as working on the 5.3b Candlesticks calculations (first step below, new bigger faster system)

First up, calculate the Markov chains for Fibonacci retracements.
Second, do something to get 5.3b Candlestick calculations to a reasonable time.

Sold AGTA into TOM just now on LSE.

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