This will show how to set up a configuration file as input to an expert or indicator
A follow up to the earlier Stop Loss Grid post that fixes a code issue and reduces over trading.
This covers code to both create Fibonacci objects on screen including a technique for finding swing high and low and also reading back data from on chart Fibonacci objects.
This is a simple expert advisor from one of our requests. There are no indicator inputs, trades are entered based on trailing the entry price from the current price.
Sending text to Telegram is not too difficult but sending an image is a very different technique. This topic covers both.
first saw this grid technique in a video titled How to trade the Forex Grid system. A detailed introduction on how hedging trades create gains published by Expert4x. It is an interesting approach that avoids unlimited drawdown at the expense of an occasional loss.
A sequel to the earlier article showing a Fractal – EMA based expert. This shows how to convert that code to vary the expert
Converting risk to points and setting stop loss as percentage of equity.
Combine 2 exponential moving averages as a trend filter and fractals to set breakout levels
When you have a position showing a profit you may want to add more trades to the position. The question is how to check that all of your existing trades have reached a minimum profit level before opening a new trade.