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Fibo candles strategy
Posted:
Mon Dec 26, 2011 7:11 amby Alexander.Gettinger
This strategy based on Fibo candles indicator:
viewtopic.php?f=17&t=10401Download strategy:
For this strategy must be installed Fibo Trigger indicator from
viewtopic.php?f=17&t=10401The Strategy was revised and updated on January 19, 2019.
Re: Fibo candles strategy
Posted:
Thu Jan 12, 2012 10:38 amby pudge71381
I am loving this indicator/strategy package. Is there anyway you could add trade session specifications?
Re: Fibo candles strategy
Posted:
Fri Jan 13, 2012 4:00 amby Apprentice
Your request is added to the developmental cue.
Re: Fibo candles strategy
Posted:
Fri Jan 13, 2012 6:10 amby Alexander.Gettinger
pudge71381 wrote:Is there anyway you could add trade session specifications?
What do you mean?
Re: Fibo candles strategy
Posted:
Fri Jan 13, 2012 7:59 amby pudge71381
I would like to only use the strategy during specific trade sessions. Therefore, it would be able to activate at the beginning of a session or multiple sessions, and all positions would be closed upon close of the selected sessions. Maybe easier would be to add a time window which the strategy would be active.
Re: Fibo candles strategy
Posted:
Mon Jan 16, 2012 4:11 pmby waelsaleem
Hello,
Your Fibo Candles, and triggers look great, and I reviewed the charts of several pairs with those indicators, and it looks very promising. But I tested the strategy on a demo account, and noticed that the sales are initiated far later than the triggers or the change in candle color. This makes a potentially profitable position into a breakeven, or even a losing trade. Any way to fix this problem please?
Re: Fibo candles strategy
Posted:
Wed Jan 18, 2012 4:25 amby Alexander.Gettinger
Fibo candles strategy with begin and end of trade session.
Download:
Re: Fibo candles strategy
Posted:
Thu Jan 19, 2012 5:52 pmby waelsaleem
Hello,
I have a request for a strategy please: FIBO-GMMACD strategy
The strategy would be identical to the fibo candle strategy, the only added difference is that the trade is triggered only if confirmed by the GMMACD indicator histogram. The GMMACD histogram has to be in the same direction of the trade, only then the trade is triggered. Exit strategy is similar to the fibo candle strategy. This will help eliminate some losing trades triggered against the overal trend.
Thank you for your great work.
Re: Fibo candles strategy
Posted:
Sun Jan 22, 2012 5:43 pmby Apprentice
Your request is added to the developmental cue.
Re: Fibo candles strategy
Posted:
Wed Jan 25, 2012 1:42 pmby jrevhard
Hi, im having a problem with this strategy. it will not work with all pairs? i have it set with the same parameters on 10 different pairs. the only ones that are trading are eur/usd and usd/chf? ive attached the screen shot of the parameters. you can see the alert from the eur/usd. any advice would be appreciated.
thanks
jr
Fibo_Candles_Strategy.lua