Big Mike's Trading Blog

Day trading futures, discussing money management and trade management techniques, and more

Fibonacci based Envelope Expansion

I know I haven't blogged in a while, I've been busy with the forum. I've created a couple of new indicators recently for VIP members and wanted to just briefly post a screenshot of one here.


The screen shot pretty much covers it --- the indicator is designed to show price extremes. I prefer it over Bollinger any day. This isn't a cherry picked chart, it is today's chart and covers the last three days of last week. I also uploaded a dozen or so more screen shots of different instruments and time frames to the forum thread.

All the details are in the VIP thread on the forum.

Mike

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