Reply

High and low E.A

1 replies

msophe

Subscriber, bbp_participant, community, 124 replies.

Visit profile

5 years ago #234009

HI

I want to create E.A with the following condition :

I will use Higher Higher(HH) and Higher Lower(HL) and vice versa.

I have attach screenshot which explain better , and the following are there explanation of this screenshot.

as can see :-

there line A,B,C,and D

When line CD  break point B should open buy position.

And TP and SL , is as follow, when position open the fibonace should draw from high point B and lower point C , and TP should target at

fibonance 161.8 and SL at fibonance 0.0

note : the E.A should Identify higher high of point  A and higher lower of point B lower lower of point C

Thanks for your time

Attachments:
You must be logged in to view attached files.

0

tomas262

Administrator, sq-ultimate, 2 replies.

Visit profile

5 years ago #234019

Hello,

you trying to transfer a discretionary approach to an automated EA. This is very hard and I do not believe you can achieve consistent results with such approach. How would you identify A, B swings?

I have attached two example on detecting swing points you can refer to

0

Viewing 1 replies (of 1 total)