by waelsaleem » Fri Jan 27, 2012 3:48 pm
Hello,
I have a request for a strategy: 2MA-FIBO strategy,
The strategy would be identical to the 2MA strategy. The only difference is that the trade is triggered only if confirmed by the fibo candle indicator. If the fibo candle indicator is in the same direction, then the trade is triggered. Exit strategy is similar to the 2MA strategy. It would be nice if the fibo portion of the strategy is also customizable, just like the fibo candle indicator. This will help in optimizing the strategy for best performance. The purpose of this combination is to try to eliminate some of the losing trades that are triggered against the overal trend. I hope it will be a good strategy.
Thank you again for your great work.