Fibo assistance please

[bk7]

@jsauter86
i would use the fractal indicator make 3 variables with candl1 2 3 // and plot it to the indicator and see which values it shows

[Leka 0]

@ajmd97fx Friend could share this project that shows in the images, the truth is that it costs me a lot of work to configure the fibonacci parameters correctly, I would appreciate it a lot

[roar]

@jsauter86 the funny thing with fractals is, the indicator has a value on every candle, even when there is no arrow. The value is infinite in those cases.

So, to get the actual fractal arrows, we need to check that fractal value is the same as candle high/low value (because the actual arrows will be there).

Here's one solution:
https://fxdreema.com/shared/6Yh1m2vJd

[ajmd97fx]

@bk7 I am not an expert, but I think that a fibo is plotted on two points, one is level 0 and the other is level 100 and from these all the other levels you need are plotted

[ajmd97fx]

@leka-0 said in Fibo assistance please:

Friend could share this project that shows in the images, the truth is that it costs me a lot of work to configure the fibonacci parameters correctly, I would appreciate it a lot

Hello friend, here you have it, it is actually very simple, you just have to understand the concepts of time and price well
Time is only where you want a point to be, in which candle, but it does not affect anything else. Let's say it's the place you start to draw the line from.
price is the place on the chart where
that is, we can take the maximum of yesterday, this would be price, but we can tell it to draw it from the current candle, that is, from today, this is the time
Looks like I'm teaching a philosophy class, jjjjjjjjj lol

Sorry if there is something I don't write well, I'm Spanish and I don't speak English very well

https://fxdreema.com/shared/8Au46gF9d

[TipsyWisdom]

@roar said in Fibo assistance please:

@jsauter86 the funny thing with fractals is, the indicator has a value on every candle, even when there is no arrow. The value is infinite in those cases.

So, to get the actual fractal arrows, we need to check that fractal value is the same as candle high/low value (because the actual arrows will be there).

Here's one solution:
https://fxdreema.com/shared/6Yh1m2vJd

ok, thank you. that explains how I was taking trades to begin with. I tried to not specify a candle, or specify...and it was taking trades every day both situations so long as I had over candle 3 selected.

I will take a look to see if I can make sense of it

[TipsyWisdom]

@ajmd97fx

thank you, I will take a look

[TipsyWisdom]

@ajmd97fx I was not able to get that to draw.

[TipsyWisdom]

@roar Thank you Sir, Once I figure out how to work with those values I'll share the EA with you

[khacdiepvnc]

@ajmd97fx said in Fibo assistance please:

hola @jsauter86 , well, see if I can help you.

1º. Prefix/Name
It is very important to assign a name to the object because later we will have to refer to it.

2º. Bloq "pass"
You are missing the "pass" block to start drawing anything on the graph. "pass" or something that tells you to draw, or if not, it doesn't draw

3º. Time (1)

here you must refer to a candle, if you use daily TF use the daily candle of the previous day.

Something like that.

You can use the same for Time (2)

4º. Price
I think this is well configured

5º. Levels (comma separated)
this is where you define the levels you want to use, separated by commas, for example 0,50,61,8,100

If you select "Yes" in Ray rigth, it will draw the fibo from the time you have configured (the candle of the previous day) to the right edge of the chart and there it will draw the number of levels

6º refer to levels
Finally, you would have to refer to the levels. FxDreema refers to the levels by numbering them from 0, in this example I have given you we have the levels 0,50,61,8,100. Well, the first is 0, the second 1, the third 2, etc. It would be something like this:
0 -> 0
50 -> 1
61.8 -> 2
100 -> 3

Let's suppose that you want to open a buy when it crosses up level 3 which in this case is the fibo 100. You would have to use this block

I think I have not forgotten anything, but ask any questions and surely someone will help you

Share your project plz !

[Leka 0]

@ajmd97fx que tal amigo yo de nuevo, no me deja compilarlo me da un error

[ajmd97fx]

hi @khacdiepvnc my friend, This is an example that opens a buy when the price crosses up the 100 level of the fibo

https://fxdreema.com/shared/aex9rS6Qd

[roar]

@ajmd97fx did you test your example?

[ajmd97fx]

@roar yes, but with high and low of candle 1 daily, here it is implemented in another more complex project where trades are opened at different levels

[roar]

@ajmd97fx all right. Candle highs and lows surely work, but I think fractals need a bit different setup.

[TipsyWisdom]

@roar agreed I got it to work with candle highs and lows, but fractals was the goal. Thank you again!

[VHV-Profit-Masters]

Con este proyecto sera posible dibujar los bos y choch en el grafico?