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Allow defining two price points to auto calculate specific Fibonacci Retracement Levels accordingly and use those price levels in the conditions as Batch conditions (grouped together but created as separate conditions at fixed price levels). Either type the two price points or allow clicking on the chart.
Example: two price points typed or selected as from $69,124 to $62,130. The Fibonacci Retracement Levels desired are: 0.616, 0.66, 0.786, and 0.818. So this translates into 4 Conditions:
IF current_price "ABOVE" $"66,439"
IF current_price "ABOVE" $"66,746.5"
IF current_price "ABOVE" $"67,628"
IF current_price "ABOVE" $"67,851.5"
Note: it used ABOVE for all because the retracement was taken from above to below which assumes these are points currently above the price to "CLOSE/OPEN" at. But you can edit as you wish.
-> Then you can attach the Actions for each one.
-> You can delete any of them or one click to delete them all as a Group.
The text was updated successfully, but these errors were encountered:
hadialaddin
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Fibonacci Retracement tool to calculate price levels between two points and generate a grouped Conditions
Nov 13, 2021
hadialaddin
changed the title
Fibonacci Retracement tool to calculate price levels between two points and generate a grouped Conditions
Fibonacci Retracement tool to calculate price levels between two points and generate grouped Conditions
Nov 13, 2021
Allow defining two price points to auto calculate specific Fibonacci Retracement Levels accordingly and use those price levels in the conditions as Batch conditions (grouped together but created as separate conditions at fixed price levels). Either type the two price points or allow clicking on the chart.
Example: two price points typed or selected as from $69,124 to $62,130. The Fibonacci Retracement Levels desired are: 0.616, 0.66, 0.786, and 0.818. So this translates into 4 Conditions:
Note: it used ABOVE for all because the retracement was taken from above to below which assumes these are points currently above the price to "CLOSE/OPEN" at. But you can edit as you wish.
-> Then you can attach the Actions for each one.
-> You can delete any of them or one click to delete them all as a Group.
The text was updated successfully, but these errors were encountered: