Termos de Referência
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)
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