Previous Week High/Low Fibo

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Previous Week High/Low Fibo

Postby Stomp2k » Thu Oct 25, 2018 9:17 pm

I am wanting an indicator / EA to encapsulate or box in the previous week from lowest low and highest high. I then need a fibo plotted on the previous week from low to high or high to low, showing only the .382 retracement level and the 1.27 extension level. I would like to have send push notification option when the .382 is hit to manually take a trade and an EA (if deployed) to take the trade at the .382 level by default, limit set to the 1.27 and the stop to be set to previous week 100% level of fibo or autoclose trade prior to current weekly close. the EA must be set as pending orders at the opening of the next week since some of the .382 levels may have already been hit within the previous week period. This should work on any time frame below the weekly TF since the highs and lows will remain the same.

* I understand these request may only be completed at the opening of the next bar, and that is fine.
This strategy is traded on opening of current week based upon past week conditions.

This needs to be for the mt4 platform
Last edited by Stomp2k on Fri Oct 26, 2018 4:42 am, edited 1 time in total.
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Re: Previous Week High/Low Fibo

Postby Stomp2k » Fri Oct 26, 2018 4:38 am

The stop should be 100% of the retracement, not 0%.
This also needs to be a system for the MT4 platform
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Re: Previous Week High/Low Fibo

Postby Apprentice » Fri Oct 26, 2018 4:50 am

Your request is added to the development list under Id Number 4277
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