@l-andorrĂ I simplified it a bit basically I would place 2 horizontal lines on the chart then I would need to detect if the price is above or below to set buy or sell orders
the sad part is that I can't really figure out how to detect that horizontal line yet
Posts made by palovink
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RE: EA with fibonacci retracementposted in Questions & Answers
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RE: EA with fibonacci retracementposted in Questions & Answers
I would also need somehow to detect if the price is above those 2 lines or under them so I can plan my buy and sell orders. How do I do that? I have no idea lol.
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RE: EA with fibonacci retracementposted in Questions & Answers
This would also be possible if I placed 2 lines on a chart. The first line would act as entry and the lower one would act as resistance. Example fib level 50 and 61. I would place them manually on the chart. So my question is. Can EA advisor detect these objects?
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EA with fibonacci retracementposted in Questions & Answers
Hello, basically what I am looking for to create is IF I place a fib retracement level on a specific chart the EA would then know what to do. Entries would be on fib retracement as SL + (for example 15 - 20 pips). It would automatically go BE after (example 0,5% profit is achieved) and my exit strategy would be MA or fib extension level (I don't know yet what would work the best, I would like to test it tho).
Will I be able to create it here? If so could you point me in the right direction. I am kinda lost here and don't know where to start.