Create unique Fibonacci EA for MT5

Auftrag beendet

Ausführungszeit 5 Minuten
Bewertung des Entwicklers
Clear communication, prompt feedback, and a pleasure to collaborate with. Looking forward to future projects together!"
Bewertung des Kunden
Amazing coder!!!! the most advanced strategy and Victor has coded this within a few days!! honestly if i could give 10 stars I would!! highly recommended, incredible job mate!

Spezifikation

1. Automatically draw a fib range from recent high to low after a user configured number of consecutive candles during a pre-defined time of time (killzone) so if we have a swing high and then we have min 3 consecutive bearish candles then we can draw the fib from the swing high to the lowest point on the third consecutive bearish candle, (setting for min and max consecutive candles to form this fib range) and also ability to set min fib range, so if we set min 100 points and after the third bearish consecutive candle this high to low is 60 points then don't draw fib and maybe wait for next candle is its consecutive, if not then no trade

This is where it gets a little different

EA needs to wait to draw a fib range only after a selectable number of consecutive candles in one direction, so lets we have a recent high, only start drawing the fib from this high and continue to draw lower lows and extend this fib range down only if we see 3 to 6 consecutive bearish candles (can select min and max consecutive candles)
and when this happens, once price starts to retrace, then option to set what point price must touch to trigger a pending order it must touch this fib level (so lets say we set 40%) if price touches or closes above this then EA to set a pending sell (if we have a bearish fib range) at the 0 fib level. If price keeps going up and  closes above 50% of the fib range then delete the pending order, no trade
At that time price can only do one of two things, if it continues higher and closes above the 50% fib range then exit the pending order OR price will trigger the pending sell order at the 0 fib level

Once the sell is triggered then option to set SL at a fib level (like 76%) and multiple take profits (maybe up to three) at different fib levels

Risk management option as well and ability to take partials at each fib TP level. so can set X% to take off position at each fib level set for TP

Set times to trade this EA (like session times) Asian, London and NY

option to set max trades per session

Dateien:

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BEM_example.JPG
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