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Fibo level price values

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derek portland
241
derek portland 2013.12.24 15:03 

Hi,is it possible to get the exact price at a certain fibo level (for example 50%) with mql4 without the need to manually take the two points and divide them by two bla,bla,bla..?

I mean to build a function with objectcreate if I am not mistaken using two points,and get the price value of a certain fibo level?

Please advice,i do not know if that can be done.Thanks.

Simon Gniadkowski
Moderator
18001
Simon Gniadkowski 2013.12.24 15:25  
t0mbfunk:

Hi,is it possible to get the exact price at a certain fibo level (for example 50%) with mql4 without the need to manually take the two points and divide them by two bla,bla,bla..?


No, it isn't . . .
whroeder1
14519
whroeder1 2013.12.24 15:27  
t0mbfunk: I mean to build a function
So what's stopping you? Write the code. Find the high, find the low, compute the Level = fraction * (priceHigh - priceLow) + priceLow
derek portland
241
derek portland 2013.12.24 15:53  

Nothing is stopping me, wanted to learn the best way from the start,thank you.

whroeder1
14519
whroeder1 2013.12.24 16:23  
After 80 posts, you should have learned by now: We're not going to code it FOR you. We are willing to HELP you when you post your attempt (using SRC) and the nature of your problem.
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