Fibonacci level entry - please help me to make my ea to enter trade on 50%
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Hi,
I have been working on EA which I would like to open sell position when candle 1 closes below 50% it's own hight, low to hight distance. I know how to drow fibo and name it but have been struggling to get the ea open sell position only when the above criteria is met.
Is it better to draw fibo as object on the chart or load accutal fibo from indicator folder ? can you help me to contruct this part with blocks?
Many thanks in advance!
Piotr -
Please let me know if my discription of the problem is unclear or you may require any additional information.
Thank you!
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Could you please share a link with your project? It will be easier to see how to adjust what you need to what you have right now.
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Fibonacci is an object, there is no difference if it's created by you or by indicator. You can find it in Objects List (Ctrl+B on the chart). So, you can work with it as an object. Here I wrote something about that (at the bottom):
https://fxdreema.com/tutorial/builder/chart-objects#3
And also here are 2 examples:
https://fxdreema.com/examples#Chart-Objects -
Thank yoiu I'andorra and fxDreema for finding time to respond to my inquiry.
I will try to implement the insight provided and let you know if managed to get this work.
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Hi Gents,
I am still struggling to get my EA to open positin once bar id1 closed above 50% retrecement line. Can you please help me to recognize the problem.
https://fxdreema.com/builder -
Please find correct link below and thank you in advance for help!
https://fxdreema.com/shared/PMKPFcYnb -
I recommend the following:
- Move the 'Once per bar' block on top of the project.
- Why do you connect block 8 to block 9. I can't see what you are looking for.
What is the problem exactly?
