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Script to place pending orders at Fib levels?

  • Post# 1
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  • First Post: Apr 19, 2011 7:56am
  • profxtrader
    Joined Jan 2009 | 881 Posts | Status: Member
I'm wondering if there is a script (or EA available that I may be able to get some ideas regarding the code here) that will place orders based on fib levels.

What I'm hoping for is something like this:

Draw the fibo and rename it to something unique so the script will trade solely based on the one I want it to
1 Unit @ 50 retracement
2 Unit @ 61.8 retracement
4 Units @ 78.6 retracement
Stop @ 100
Target on all @ 0

Does such a script exist or can someone give me an example of how to do this?
Every time you use 'hopium' in a post, God kills a kitten.
  • Post# 2
  • Quote
  • Apr 19, 2011 11:00pm
  • hanover
    Joined Sep 2006 | 4,997 Posts | Status: Gone AWOL for a few months.....
Quoting profxtrader
I'm wondering if there is a script (or EA available that I may be able to get some ideas regarding the code here) that will place orders based on fib levels.

What I'm hoping for is something like this:

Draw the fibo and rename it to something unique so the script will trade solely based on the one I want it to
1 Unit @ 50 retracement
2 Unit @ 61.8 retracement
4 Units @ 78.6 retracement
Stop @ 100
Target on all @ 0

Does such a script exist or can someone give me an example of how to do this?
I have a script that does exactly this, among other things, but I consider it too valuable to post here as freeware. I've sent you an e-mail.

David
I'm taking a rest from forums. Please don't expect replies to your posts.
  • Post# 3
  • Quote
  • Last Post: Apr 20, 2011 7:04am
  • profxtrader
    Joined Jan 2009 | 881 Posts | Status: Member
Read and responded.
Every time you use 'hopium' in a post, God kills a kitten.
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