Hello, i would like to use a fibo level strat., so i like to open buy order, if price touch 38,2 % retracement.
Low should be lowest point of last 10 candles and stochastic was under 20.
High should be highest point last 10 Candles and stochastic was over 70.
I tried, but not working with the levels.
Can anybody help with a example ?
check the example attached (long only)
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hm, no order will be opened.
Maybe it’s so much easier:
last Stoch Main under 20 is the Low, last Stoch Main over 80 is the High. Low should be 0 percent, high should be 100 percent. Now I want to open long if price is 38% retracement and TP 110%. Can you do such an example, with me that works with the percentage calculation somehow not.
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