Salve,

Does anyone have a way to built the Fibonacci Retracements in VJF?

I have tried to built something but dunno how to translate the logic in the VJF. The logic is that the strategy search the max and the min of n previous candles shifted 1 (n=200) after find the max and the min it should be verified if the max is before or after the min. Let for example that min is before the max, so the trend is bullish.
So the level 0 is on the min and the Fibonacci level are calculated considering the Max-Min range.
The strategy after the calculation of the level have to do another thing, test if the 0 candle is above o not of the 61.8% Fibonacci level if the candle is above the level the strategy consider that with Fibonacci level (because the bullish trend could be considered true until that retracement) if the candle is below the 61.8% level the logic is that the strategy search for n=199 and repeat the same until it find a value above the 61.8%. Could someone translate this in VJF? Do you have any other way to calculate the Fibonacci retracements?

Hi there,

I did the following part :



I'll let you continue the calculation part ..

Let me know if anything is not clear

Salve Amine, the test do not seem great, maybe it should be improved. I only put some buys at the level and check if they could be around the Fibonacci, but they do not seems in agreement with the original retracement.
Do you know if there are other ways to have a sound alert when a new Fibonacci level is obtained ?

Thanks

Hi,

you can either add the sound alert right after the block that retrieves the max / min OR use the break point that you can find on the top right side of the block, this will pause the strategy until you resume it back.
unfortunately there is no 'visual" tool that can point out the candle gaving min max values and you need to look for it in the chart manually with the help of the debugged value in VJF interface

Thanks