Hello,
I don't have a drop of programming in my blood, so I'm asking for your help.
Can somebody program a Fibonacci Retracement that automatically follows the ZigZag indicator included with MT4 (in the custom indicators)?
To illustrate, please look at the attached screenshots. I like to trade retracements from the ZigZag's tops or bottoms (top is shown here). When I place a Fibo on the ZigZag, as in the first screen, I wait for a retracement to at least the 23.6 area.
My problem is, as shown in the second screen, that if price shoots past the top (bottom), the Fibo stays with the old value.
I would like it to automatically adjust to the new top (bottom) of the ZigZag, which I manually created in the third screen.
Ideally, to go one step further, if the ZigZag reverses I would like for the old Fibo to be deleted and a new one created in the new direction (no screenshot for this).
Is anybody interested and able in helping with this?
Much appreciated!
jesper
I don't have a drop of programming in my blood, so I'm asking for your help.
Can somebody program a Fibonacci Retracement that automatically follows the ZigZag indicator included with MT4 (in the custom indicators)?
To illustrate, please look at the attached screenshots. I like to trade retracements from the ZigZag's tops or bottoms (top is shown here). When I place a Fibo on the ZigZag, as in the first screen, I wait for a retracement to at least the 23.6 area.
My problem is, as shown in the second screen, that if price shoots past the top (bottom), the Fibo stays with the old value.
I would like it to automatically adjust to the new top (bottom) of the ZigZag, which I manually created in the third screen.
Ideally, to go one step further, if the ZigZag reverses I would like for the old Fibo to be deleted and a new one created in the new direction (no screenshot for this).
Is anybody interested and able in helping with this?
Much appreciated!
jesper