Using New Trend High & Low Signal Blocks For Fibonacci Time And Value Points
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I am toying with New Trend High and Low Blocks to identify Fibonacci inputs. If I choose New Trend High and draw Fibonacci, It will draw back to the time of the candle I specify. I want it to draw back to the New Trend Low stored as a variable and vica versa. Can you assist in guidance?
GOAL: To establish long trend Fibo levels and use same methodology on corrections by adjusting New Trend Low And High time reference points.
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I think you are talking about these blocks:
Even I forgot how I made it and I keep them only because there are there for a long time. No data escapes from them. Basically, long time ago I wanted to make blocks for everything, but not all of my ideas were good. Now I think that for such things custom indicators should be used - they are better optimized to do such calculations and they also print the information on the chart.
