DislikedOk, when is the pending placed then? As soon as price goes past the 50% level ? Because if that's the case, I do not see any pending lines on my chart.Ignored
Please refer to the EA instructions.
MT4/MT5 EAs/Indicators/Alerts coder
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DislikedOk, when is the pending placed then? As soon as price goes past the 50% level ? Because if that's the case, I do not see any pending lines on my chart.Ignored
DislikedIf the pending isn't placed when it touch or cross the "Level_retrace", you have certainly something wrong (EA or Fibo line).
Please refer to the EA instructions.Ignored
DislikedI only started this thread a few weeks ago but already it has evolved into something better. The basic idea is the same, we're going to use fibonacci retracements to enable us to buy/sell into the trend when the momentum is moving back in the direction of the trend. We're also going to use the 38.2% fibonacci extension as a profit target.
When I started the thread I had the idea of using a 100 sma to define the trend and then only take trades in that direction but I found that this is too restrictive and a lot of profitable trades were being missed...Ignored
DislikedHi there,
"Just place the fibs on the chart and rename it BUY or SELL"
Just a question, when you say Rename the Fibbo on your chart. Where and what are you renaming as I can not figure this out. Are you renaming the EA or the Fibbo Properties it self. I know it may seem simple to some but well, some of us still need to figure this out. I like the systerm as it also manages trades for you when it is invalidated.
Attached are screen shorts of what I need clarification on.
ThanksIgnored
DislikedIt is giving me these errors:
FibonacciTrademanager_v3,EURUSD,M15: invalid order price for OrderSend function
FibonacciTrademanager_v3,EURUSD,M15: Error opening SELLSTOP order: 4107
I'm with Oanda on MT4, who uses 5 digit numbers behind decimal point.
It works on FXCM MT4.Ignored
DislikedFerru without keep asking for so much of your time after TP1 can you move stops to +1 so atleast trades that reach the 0 line that are good into profit can close the rest at +1 instead of a loss thanks.Ignored
DislikedHi there,
"Just place the fibs on the chart and rename it BUY or SELL"
Just a question, when you say Rename the Fibbo on your chart. Where and what are you renaming as I can not figure this out. Are you renaming the EA or the Fibbo Properties it self. I know it may seem simple to some but well, some of us still need to figure this out. I like the systerm as it also manages trades for you when it is invalidated.
Attached are screen shorts of what I need clarification on.
ThanksIgnored
DislikedWell my UCAD trade that triggered friday stopped out but the good thing it went +21 before it stopped I usually set to BE if trades reach 15-20 if I'm around.
Ferru without keep asking for so much of your time after TP1 can you move stops to +1 so atleast trades that reach the 0 line that are good into profit can close the rest at +1 instead of a loss thanks.Ignored
DislikedWhen price reach TP1, EA close partial lot then move SL of the remaining lot to entry price (BE). This is the current logic.Ignored
DislikedHere's the updated version with the option to calculate the Lot Size based on SL and risk percent.Ignored
DislikedIt also trails the stop on the second half as well though doesn't it or am I going mad?Ignored