Mikula Forecasting Company
Advanced Market Forecasting
MarketWarrior Fibonacci Extension and Speed Lines
MarketWarrior has an indicator to draw Fibonacci retracements
and price extensions. The indicator can also draw Fibonacci speed lines. On the
first chart below the indicator is drawing the Fibonacci 1.618 Extension and
2.618 Extension.
On the chart below one speed line has been added to this indicator. The speed line is the dotted line sloping up from the indicator starting point. There are several settings to draw a number of different speed lines.
