Hi Candyman!! many thanks for your great work, can you modify only for make a fibo in specific hours, with minimum and maximun value of the price, and the option of put the fibo leven entrance on stop or limit!? many thanks!!!!
Hi Candyman, I just happened to bump into this mother candle strategy ea. i down loaded it and testing it. It is really nice till now except that it seems does not know when to stop. I had to manually get out of trade on the reversal (I extensively use Fractal bands).
But right now I am using fractal break out to trade. I seemed similar to mother candle ea. Only it is fractal, and once it breaks above or below the fractal, you take the trade on the next candle after it takes out the fractal candle. And I call that floating candle and normally it never looks back after crossing previous candle. You close at the expiry of the candle and look for another fractal cross, this is good because stop loss will be opening of the candle and take profit is closing of the candle.
And I use one hour candle and execute trades on 5 minutes. Problem is it happens only 2 or 3 times a day and I have to keep monitoring the screen. If only an EA (which is similar to the ea you made) it will be really awesome. !!! Thank you!!
I need an EA for my simple "Mother Candle Fibonacci System"
