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pending order at 50% of any given candle
matcat
 Post subject: pending order at 50% of any given candle Post rating: 0   New post Posted: Thu 04 Sep, 2014, 14:31 

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Hello :)

I've been setting pending orders at candle highs / lows successfully, but now stuck at trying to calculate how to set them at 50% fib of any previous candle.

Is this possible? if so any help very much appreciated, thank you!
 
Bruno_Grunberg
 Post subject: Re: pending order at 50% of any given candle Post rating: 0   New post Posted: Fri 05 Sep, 2014, 13:26 
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Hello

Could you please precise what you are trying to achieve?
 
matcat
 Post subject: Re: pending order at 50% of any given candle Post rating: 0   New post Posted: Sun 07 Sep, 2014, 23:12 

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Hi Bruno

Hourly candle close higher than previous candle, i can set a limit from previous candle open, but also trying to set a limit from the 50% fibonacci level of the candle's body... if that makes sense?

Thanks for your time :)
 
Mikelis_Zandberg
 Post subject: Re: pending order at 50% of any given candle Post rating: 0   New post Posted: Tue 09 Sep, 2014, 08:32 
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Hello,

did you use in you Strategy this indicator?
Image

In the attached strategy the candle opens a pending order in the central point of the previous candle.


Attachments:
FIBPIVOT.vfs [24.45 KiB]
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FIBPIVOT.png [31.22 KiB]
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matcat
 Post subject: Re: pending order at 50% of any given candle Post rating: 0   New post Posted: Tue 09 Sep, 2014, 10:26 

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Joined: Tue 26 Aug, 2014, 21:19
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Location: United KingdomUnited Kingdom
Hi :)

No i didn't, I will try it :D

Thank you!
 
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