IT_MMove

The IT_MMove tool can be used for AB=CD price pattern analysis. This is a pattern described by Gartley in his 1935 book and is more effective than the standard 123 pattern system. Larry Pesavento describes it here: http://www.traderslog.com/abcd/

More useful information may be found here: http://www.moneyshow.com/articles.asp?aid=daytraders-20190

The IT_MMove tool is unique in that it can display a Sweet C Spot zone while selecting/clicking the B and C points so that you can easily see if the C point falls within your acceptable fib retracement range.

 The Sweet C Spot starts showing once point A anchor is clicked. Here we are ready to select point C within the Sweet C Spot at 75.6 retracement.

Once point C is clicked the tool renders everything.

Using the button Quick Setting to turn on the Retracement Group of fib lines.

If you desire, drag the A point HotSpot to move the whole pattern to a new position.

IT_MMove Quick settings

Many settings and adjustments.

• Easily draw a Lightning Bolt AB=CD pattern.
• Ability to apply two or more tools at once, just change the ID color of additional tools.
• Price snapping on/off.
• Lines have settings for thickness, color, style.
• Small toolbar button option.
• Definable hot key.
• Survives chart refreshes and restarts.
• Anchors will never wander to other bars on refreshes/restarts.
• Includes fibonacci targets.
• Optional fibonacci retracement targets.
• Fibonacci range Sweet C Spot to help determine the best "C" position.
• Visible/invisible HotSpots for drawing modifications.
• Quick settings button pulldown.
• Fib lines length setting.
• Toggle drawing On/Off to access something underlying.
• Text size toggle.
• Toggle on/off the fib extension group.
• Toggle on/off the fib retracement group.

4/7/17 - Added ability to toggle the whole fib extension group on/off.

3/30/17 - Added text size toggle.

12/24/15 - Removed the Restore Data section in Parameters to save space.

8/4/15 - Made hotspots more sensitive, added fib line length setting, added drawing On/Off toggle.

7/20/15 - added product