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If use reversal signal, op sellstop if price break 23.6 area to 38.2 50 61.8
Tp 0.0 level
Sl 100 level
Op buystop if price break 76.4 area to 38.2 50 61.8
Tp 100 level
Sl 0.0 level
,also we can add extra option of this ea as martingle ,if price gose same direction need open , martingle
If use...
Using this indicators we can trade (fibonacci breakout or fibaci counter trend) so this simple rule,can creat an ea if have programing language.
1. OP sellstop if prices break through the 76.4% Fibonacci area
2. OP buystop if prices break through the 23.6% Fibonacci area
My english is not good,but i will try to explain this indi
1- Buy oder - price going down and indicators move with 0.0 level ,after current candle close u need send an buystop oder to 23.6 area (if oder not active price move down u need modify ur oder on next candle close.
Sl 0.0 level
Tp 50...
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