How to Create a Bot set SL and TP with Fibo retracement level
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Fistly, many thank to Everyone who support me to completed my last bots
Secondly, I am building new bot base on Fibonacci Retracement, I dont know how to set SL and TP base on Fibo level, such as SL at 0, TP at 200
Please help me, many thanks
P/s everyone should make a bot, it works well than your hand trading in reality, I did it, I swear you will be pleasure -
@haidang8055 Some more details would be appreciated. What kind of retracements are you looking for exactly?
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@l-andorrà Fibonacci retracement
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@haidang8055 I want use engulfing candle to open position, 1st candle is covered by second candle, and I want use second candle to set TP or SL with fibonacci retracement
For second candle is bear candle i will sell, and draw fibonacci at low and high of candle, sét SL at 0, TP at 200, level ơf fibonacci retracement
For second candle is bull, vice versa -
@haidang8055 Programming that with fxDreema would be an impressive project in itself. I recommend to find a custom indicator making all those fibo calculations and thn import it into your fxDreema account. That will make it a lot easier to implement.