Indicators: ZigZag_Fibo_v2beta

 

ZigZag_Fibo_v2beta:

Indicator ZigZag with levels Fibo.

Author: John Smith

 

hi

nice work zigzag and fibo levels

can you make this a strategy where it opens a long position when market crosses upwards at the 38.2 level and opens a short position at when market crosses downwards at 61.8 level

i hope u have understood me

by

arindam roy 919830538277

arindam89@yahoo.com

 
MetaQuotes Software Corp.:

ZigZag_Fibo_v2beta:

Author: John Smith


It is upside-down.  In an uptrend, I thought most fib traders look to enter the 38.2% level first, the 50% level next, then the 61.8% level and 78.2% levels if price reaches there.  Yours is the other way around.