Fibonacci Strategy: Previous day high/low or vice versa for analysis. Simple retracement for entry; extension for target

Dear Expert Advisor Programmers,

I need a very simple MT5 Expert Advisor.

The entry signal is based on a Fibonacci based on the previous day's high and low (or vice versa). It will also include very simple money management rules (take profit/stop loss).

Description of my EA

1.   Fibonacci. If high of the previous day has been reached before the low of the previous day, draw a Fibonacci from the high to the low of the previous day OR (Fib - high to low of the day)

2.   Fibonacci. If a low of the previous day has been reached (first) before the high of the previous day, draw a Fibonacci from the low to the high of the previous day (FIb - low to high of the day) 

3.   Draw the following Fibonacci lines for previous day Fib (1) or (2) --> 50% retracement; 61.8% retracement, 78.6% retracement

4.   Draw Fibonacci extensions for previous day Fib (1) or (2) --> 123.6%; 161.8%; 200% 

5.   Entry: Allow entry to be set at any Fibonacci retracement level in % (e.g. 50% or 45% or 61% or 66% or any other value)

6.   Exit: Allow exit (Stop Loss and Target) to be set at any Fibonacci extension level in % (e.g. target: 99% or 101% or 123% or 160% or any other extension value; Stop Loss: 30%, 40% or any other value)

7.    If we have any open position then do nothing until stop loss or target is hit

4.    If we don’t have any open position then buy/sell according to (5) or (6)

* all events happen when the candles are closed

Inputs

Fibonacci based on previous day high-low (or low-high)

Time shift settings (to adjust server times)

* Times zone (for example GMT+2 or GMT+4)

Time frame settings

* works on all Time frames

* Trade volume: I want to input the trade volume

TP & SL settings

* TP, SL

Thank you very much for your interest. Contact me at malte@kaub.de if you have any questions.

Malte