I'd like to setup orders based on Fib lines. Is there a way to automate this via mql?
- Harmonic Trading
- Time Functions in an EA
- Indicators: Fibonacci retracement
Irtron:
There's always a way. Please find my email in the profile for details.
Can you give a little bit Basic Idea, how to estimate approximate how long/ Strength Trend will occur, which Indicator suppose to use, and then we will pyramiding opening order, or will targeting parsial closing in cycle, or other else????
Thank You
I'm using a custom indicator that signals trades. Once I open a trade I am to use Fib Retracement to trace from the nearest high/low to the current position. From here I now have my Fib100 + lines. That's the basic idea.

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