Working with Fibonacci
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Hey there,
I want to implement this strategy:
whenever the ichimoku Tenkensen line crosses above the Kijunsen line, draw a Fibonacci retracement from the crossing point to the previous swing low (I call this FiboBuy). In addition, whenever the Tenkensen line crosses below the Kijunsen line, draw a Fibonacci retracement from the crossing point to the previous swing high (I call this FiboSell).Then monitor the price for me.
If the price crosses above the level 3.2 of the Buy fibonacci, then place a buy pending order (open price: level 0 of the fibonacci; SL: 5 pips below level 0 of fibonacci, TP: 200% of SL).
If the price crosses below the level 3.2 of the Sell fibonacci, then place a sell pending order (open price: level 0 of the fibonacci; SL: 5 pips above level 0 of fibonacci, TP: 200% of SL).This is how I have implemented the scenario:
https://fxdreema.com/shared/GhW9FPEPIt does not work. I am pretty sure that the problem is in the price levels of Fibonacci as I have shown in the screenshots, What values should I enter for these sections?

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I actually don't know what are the (0-31) levels of the fibonacci? which numbers does each of them correspond to?
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This is the second thread you created for the exact same question. Please don't duplicate threads.
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@l-andorrà Sorry, I deleted the previous one. I though it had been deleted.
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Thank you very much. I really appreciate it.
Could you please share the web link for this so that I can see the inside parameters of the blocks.
Once again thank you very much. -
levels, are the possible number of levels that you will allow it. It must be numbered from 0 to 31.
So now lets say I want to plot 0,25,50,100
I would refer to those levels now as 0,1,2,3
and then when you reference them in the object block, you will use the level #, not the fib retracement %.Also, to achieve 227% it would be 2.27