EA based on Fibonacci

New comment
 
Anyone got a good Fib based EA for MT4?
 
LOL, there are probably 10000 variants of Fibs and 10000 methods using them . . .
 
RaptorUK:
LOL, there are probably 10000 variants of Fibs and 10000 methods using them . . .


Thanks RaptorUK, I'm new to EAs as you may have guessed!

I'm willing to start with any you suggest.

 
If you want something to practice coding with I can make some suggestions, if you want something that will make you money then let me know when you find it.
 

One that's already written that I can explore and practice coding from.

Eg. I'd like the EA to set the "current" Fib on the H and L of the last 20 x 15 min candles, then

let the EA run from there, placing trades Long at the 23 and 38 if below a 20 EMA. When a new

H or L is peaked above the 50.0 Fib a new Fib begins. The 20 EMA is just a guide to allow the EA to decide

if the trade is Long or Short. Hope you can help. Cheers.

New comment
Reason: