HELP ANYONE PLEASE! Trade with Fibo Retracement EA
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Hi, any kind hearted trader / coder who can help making the EA work with just fibo ret object?
My problem is how can my EA recognize an object in the chart such as fibo retracement and will open trade once the price passes to a specific level.
can anyone compose an EA for me that draws fibo ret and attach a buy/sell now block recognizing the level such as 0-50-100.Its been 2 weeks configuring my ea to trade at level 50 to buy/sell now but i dont know how to do it.
i will be attaching my file so that anyone can recheck my work and pls anyone help to configure.
Thank You in advance.
PS
pls dont reply with the linked fxdreema procedure, rather compose an ea for me, i would gladly appreciate it. reason is because ive already recieve tons of link manuals of fxdreema about fibo and objects on chart.
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But you don't limit trades in any way. Whatever the Fibo value is, the EA just starts to create Buy or Sell trades on every tick
Otherwise I just checked it, by deault Fibonacci Level 0 is line 0.0, Level 1 is line 23.6, Level 2 is line 38.2 and so on. Those lines can be customized, you can put line that is different than 23.6 and probably because of that when you want to read the object, you refer lines by their ID, not by their % value.
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Sir Fxdreema, Ive been coding it whatever the value, what ever the level. but the EA cant recognize any level, ive tried making but it executes randomly every bar (above or bottome of each level). Im looking for a solution that if it closes below level 50 of the fibo, it must executes a buy order. If do you have an idea sir, can u send me a finished EA SAMPLE of a candle closed H1 below 50>0 fibo ret level, will executes a buy order with no SL? Ive tried your sample you sent in fxdreema manuals but its not working even i change the execute comment block into a buy now block, it dowsnt work sir.
Thanks.
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Your problem is not with fibonacci, but with the control of how many trades to create. You probably expect that in "Condition" when you find that the price is < or > some fibonacci level, this "Condition" will stop passing, but this is not true. "Condition" represents the "If - Else" logic, so this block is just "If". If the price is above some level -> activate the orange output, otherwise activate the yellow output. And this happens every time the block runs, which in "on Tick" happens on every tick! So, "Condition" will pass on every tick while the condition inside is true.
