Use 40% level of Fib as TP and close all trades

[tradingforward23]

Hi everyone! I was away for quite sometime due to other obligations outside trading.

I am working on using the 40% level of retracement of Fib as my TP level and close all trades. I am not quite sure how to do it. May I ask for your ideas on this matter?
Thanks in advance!

[l'andorrà]

That is a tricky one. The first thing to consider is the exact set of conditions used to determine where exactly the Fibo is positioned on the chart. Can you please be more specific on this?

[tradingforward23]

@l-andorrà Hi there! I went back and calculate the positions to replicate what I wanted this EA to do on live markets. I ended up scraping this idea because of the risk it can inflict on my account. I am working on optimizing my current EAs to see how can I maximize profit and reducing the frequency of early stoppages. Thanks by the way!

[l'andorrà]

You're welcome!