I am having trouble with how to insert the recommended Fib #'s into my MT4 trading platform... can someone be so kind as to walk me throught it please? I attempted to use the Fibannaci->Retracements indicator inside MT4 and once it comes up on the chart I click/select it and then select the "Properties" to replace the values in "Fibo Levels" with the Vegas values (i.e., 13, 21, 34, 55, 89, 144, 233, 377). What am I doing wrong please? should I be placing decimals somewhere on these number or what?
Also, I have one other question; once price shots through and violates the tunnel is that sufficient to satisfy the buy/sell signal or should I be waiting for the lagging 12-EMA to violate the Tunnel before executing the trade?
Thanks much!
Also, I have one other question; once price shots through and violates the tunnel is that sufficient to satisfy the buy/sell signal or should I be waiting for the lagging 12-EMA to violate the Tunnel before executing the trade?
Thanks much!