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    Draw fibonacci

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    • C
      capitalfreedom @Jaychyke last edited by

      @jaychyke what did you do to get it to work. I am attempting something very similar. However I want the fib to be drawn each time the RSI is overbought or oversold and I want to take profit at 23.6% level

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      • O
        okranoblues last edited by

        Can you please add an option to use fibonacci levels and change the level colors on the Draw fibonacci?

        Thank you

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        • fxDreema
          fxDreema last edited by

          Is that even possible? 😮

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          • O
            okranoblues last edited by

            yes its possible i think theres a command obj_level and OBJ_COLOR I CANT remember but it's possible

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            • O
              okranoblues last edited by

              objprop_levelstyle
              objprop_fibolevels
              objprop_levelcolor

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              • fxDreema
                fxDreema last edited by

                I decided that you want to put different color for each level 🙂 You are right, I have missed those parameters and I will add them.

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                • fxDreema
                  fxDreema last edited by

                  Here is an example with function to set parameters of levels (FiboLevelsSet): http://docs.mql4.com/constants/objectco ... t/obj_fibo
                  This function suggests that we can set unique color, style and width for each level, but I can't get this result - all my levels are the same color, style and width.

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                  • fxDreema
                    fxDreema last edited by

                    Mission Complete

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                    • O
                      okranoblues last edited by

                      You are the best..Thx

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                      • J
                        Jaychyke last edited by fxDreema

                        Hello FxDreema,
                        I cannot thank you enough for your work, excellent service, and follow up! Thank you.
                        Please pardon my ignorance, I want to draw fibonacci retracement levels based on custom
                        levels of 0%,100%,-50%,150%,23.6%,76.4%,125%,-25%, and 50%. I also want to rename these levels and display their prices.
                        Then I would use these special fibonacci levels to define entry, stop loss, and take profit levels in an EA. I want it that at the start of a new day (Server Time 00:00), the EA would draw a Fibonacci retracement between the highest price and lowest price of the previous day, displaying the custom levels, custom names and prices. I prefer using the 15min timeframe.
                        This is what I have done so far using the web page https://fxdreema.com/shared/uIVPtBa3e.
                        Kindly see if I got the settings right. Again I would want to see the renamed fibo custom levels on the screen. I didn't see the option to rename the fibo levels. Please direct me. Thanks

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                        • fxDreema
                          fxDreema last edited by

                          Well, obviously the % values that you enter are going to be the Description for each level, this is how I made it. Custom names... where can I put this in the options so it can be intuitive to be used. If you want price values that will be automatically updated, this is another story.

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                          • J
                            Jaychyke last edited by fxDreema

                            Thanks for the quick response, FxDreema, I appreciate!
                            I believe you were kind enough to scrutinize what I've done so far in the EA. So.....Do you mean it that I got the percent values right? That is, if the current EA as I prepared it is launched, it will display the custom levels and prices? If that is done, that'll be fine for me! I'm not that fastidious for the custom names. But.....I would want the Fibonacci retracements to be redrawn everyday (like I specified in the EA); that is, it should be automatically updated. Certainly, the new Fibo should have new values. I'd appreciate if you can help me with this.
                            Once again, thanks a lot!

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                            • fxDreema
                              fxDreema last edited by

                              I tested your EA and the object looked fine, all the levels that you entered appeared on the chart. If you think that something is wrong, then show me some screenshot.

                              Here is what I have: http://prntscr.com/7pl9lm It updates every day.

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                              • J
                                Jaychyke last edited by fxDreema

                                You're correct, very correct. The problem is this EA as I have it so far does not portray my idea! And I have tried to tweak it several times but have not succeeded. I dislike bothering you this much, but I really need HELP now that I have come to my wits end. If you'll be gracious enough to offer some more assistance, here's what I really want:
                                I want to draw Fibonacci retracement with those customised settings between THE HIGHEST HIGH OF THE PREVIOUS DAY and THE LOWEST LOW OF THE SAME **PREVIOUS **DAY!
                                I have so far managed to get the time settings right, but the candles' settings is proving stubborn! It would always display the low of the current day, and not the low of the previous day like I wanted it. I set the candle time 96 because I'm using the 15min timeframe (there are 96 candles in one day of trading in a 15min timeframe).
                                Here's what I have done so far
                                https://fxdreema.com/shared/N0Ji1pRee
                                You can take a look and advise me further. Thanks a million!

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                                • fxDreema
                                  fxDreema last edited by

                                  96 or not, it depends on the selected timeframe for this calculation! And it's probably very good idea to select one if you are using this functionality. Otherwise there is similar, but using Time instead of candles. Or the simplest - use High and Low of Candle 1 in Daily timeframe

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                                  • J
                                    Jaychyke last edited by fxDreema

                                    EUREKA!!!! I'm speechless! I finally got it....Who says you're not simply the best? I'm so grateful, FxDreema!!! 😄

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