Zigzag reversal
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hi , i need some help , i need to create a ZZ simple reversal pattern , conditions as below
For bullish reversal- L0 > L1 , H0 > H1 , L1 < L2
- and draw fibonacci from L1 to H0 , and set limit order on 50%
but unfortunately it cant woek , appretiate if someone can take a look and advise , deeply appreciate.
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That will not work as you want because values for H0 and L0 are not fixed, but evolve in time. That will create different scenarios within the current candle. Would your strategy work on L1 and H1 instead of L0 and H0 instead?
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@l-andorrà
Thank YOucan you please help me take a look on this revised version but i added two line as zones , meaning price entering the zone only start to looking for quasimodo pattern?
thank you -
Are you aware that the bot will be drawing infinite horizontal lines. every tick arriving in the platform a new line will be drawn. I huess you need just one, right?
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@l-andorrà
the lines actually was manually entered by user , one is called active line ( upper line) , sl line ( lower line ) , as long as the price within these two lines , will start looking for quasimodo pattern -
Personally, I create these lines draggable with the EA, and then the name is fixed to what the EA is using
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@jstap yeah yeah , actually my initial idea is draggable , but i dont know how to code it . appreaciate you can arrange the blocks for me?
thank you -
This will create the draggable lines, maybe re-draw daily so they are always on screen, add to this and add a shared link if you get stuck.https://fxdreema.com/shared/4qDIXSyfb