Need Help with Fibo Indicator
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@biztet Can you please share the link instead of the mq4 file?
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Yes. Please find it here.
https://fxdreema.com/shared/VIVvhygZc
I still couldn't get the setting.
Btw, Welcome Back @l-andorrà !
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Where are the experts?
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@biztet You are using a custom indicator. Did you check its buffers are correctly identified by fxDreema?
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Yes @l-andorrà i did. I can use the top and bottom part, but couldn't find for the middle lines.
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@biztet I'm afraid objects are not my field of expertise, sorry.
Maybe any other user can help you more. Apparently the object should be stored by your condition blocks but it's crearly not. I hope someone else can help more! -
Thanks @l-andorrà .
@roar ? @miro1360 ?
Can you help this one?
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Hello guys, I'm also interested by the solution
same thing here, i'm trying a fibo channel with custom FibLevels
I can draw the fibo channel but i fail at finding the right setting for opening a position if the candle cross one lvl of the fib channel
Thank you
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Experts are on holiday i guess.
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can you provide the custom indicator you're using? I would like to test it, as I am not a expert I need to put eyes on it to see whats going on and see if I can figure it out.
If you just provide the exact name I can find it I'm sure.
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Hi @jsauter86 .See at the top, my first post. Thanks.
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First look, it is not possible to do simply using the percentages. You will need to use percentages of differences between those values that you were able to find. This is because each fib line is not given its own "value," so we can't link to anything regarding those additional lines in between what you could find. I will see if I can work with the 50% line for closes for something and I'll put my findings.
Does that make sense?
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You aren't using those lines, you are using the values linked to the blue portion.
I.e. You are trying to say, when candle crosses yellow line, exit trade. Yellow line doesn't exist in the code. Only visually. That is why you can find the "value" of the 2 yellows on top and bottom....because they happened to be the top and bottom of the only 2 buffers that are available. Those 2 buffers, blue and red.
I think if you can change your thought process in that regard, you may find a different way to find what you're looking for. However, I am new to all of this stuff, and I'm sure someone else can tell me that I'm wrong....but of course if you throw enough variables at something you can make anything happen. But I think if you understand it as I am explaining you will see that the method you are using may not work. I know i've seen a few threads here involving objects being problematic.
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Yes @jsauter86 i understand and you are correct.
So isn't there anyway i can make it possible?
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I have an idea, let me play with it. I'll post result soon.
Enter Trade when MA 5 X 20.
Exit trade when candle X ? Answer that please. -
Hahaha...i'm guessing..
Close Sell at the line above BLUE.
Close Buy ad the line below RED.
Candle ID Crossing will be Zero (0)
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When I put a trace, it said the values of the buffers are Zero.
Whatever you did with the BuyZone and SellZone variables, there are FibLevels built into the coding of that indicator. Perhaps you could do the same for Fiblevels? Perhaps you could simply use the adjust option under each condition? For instance, if you want to open when its lower than the 50% line, you could close it if you were to use the red buffer * .5....given that the red buffer is 100%. But I couldn't see a defined value with trace.
Heres what I am trying to do with it:
https://fxdreema.com/shared/NGIKBN64bI have put the indicator to use on the entry and exit to see if I can get ANYTHING to work.
Im following to see how it goes.
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@jsauter86 thanks for your help
I think you shared the wrong project
I understand what you mean
First i tried "Fibonacci : Price by level" but the lvl (ex lvl 6) didn't match with my custom lvl (I start counting the levels from left to right begining by 0,1,2...) : the lvl 6 wasn't my seventh value...
If you can try my project is very simple :
FIbchannel, custom % (lvl), candle cross one lvl -> BUY / TP next lvl / SL close bellow the lvl // same thing for sell position
