Program 74 | Convergent Fibonacci levels from lines drawn with the drawing tool | GlobalDictionary Edition

Program 74 | Convergent Fibonacci levels from lines drawn with the drawing tool | GlobalDictionary Edition

Program 74 GlobalDictionary Edition (Program74GDictVer) allows a user to draw trend lines on a chart with the drawing tools, for which Fibonacci retracement levels are automatically calculated and drawn. As new trend lines are added, Program74GDictVer calculates when the Fibonacci levels (horizontal lines) relating to the drawn lines are ‘convergent’ (close to each other according to a user input). The convergent lines are drawn on the chart and their price levels are stored in the GlobalDictionary.br br A separate receiver program (Program74GDictVerRec) reads the information from the GlobalDictionary and draws lines on charts where it is inserted.br br The ‘sending’ and ‘receiving’ programs are coordinated by the use of an input: UniqueName. This means that, so long as different UniqueName values are used, it is possible to have several different sending and receiving charts. It is also possible to have a sending chart ‘sending’ levels data to two ‘receiving’ charts.


User: Markplex

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Uploaded: 2022-05-27

Duration: 06:09