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An Expert Advisor based on Market structure shifts using HL HH LL LH and Fibonacci

MQL5 Experts Trading robot/indicator debugging Strategy modules

Specification

The idea of the trading system is as follows: 

1. Price presents a market structure shift 

2. Fibonacci is automatically placed from one point to another (e.g. high to the low)

3. Once price retraces to a particular Fibonacci level the setup is valid. 


Second part of the system: New timeframe 

1. Price presents a market structure shift

2. Fibonacci is automatically placed from one point to another (e.g. high to the low)

3. Once price retraces to a particular Fibonacci level positions are opened. 


Stop losses are placed according to a Fibonacci level

Targets are based on a ratio (e.g. 1:3)

Responded

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Developer 22
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Developer 23
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Project information

Budget
200 - 300 USD
Deadline
to 7 day(s)