Simple FIBO Level ea

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Use yesterday's high & low to plot the Fibonacci

if current price equals to or is higher than fibonacci level 88% open a sell stop at 10 pips (distance) below fib level 88%

if current price equals to or is higher than fibonacci level 123% open a sell stop at 10 pips (distance) below fib level 123% 

if current price is equal to or higher than fibonacci level 161.8% open another Sell stop at 10 pips (distance) below fib level 161.8%



if current price is equal to or lower than fibonacci level 88% open a Buy stop at 10 pips (distance) above fib level 88%

if current price is equal to or lower than fibonacci level 123%% open a Buy stop at 10 pips (distance) above fib level 123%

if current price is equal to or lower than fibonacci level 161.8% open a Buy stop at 10 pips (distance) above fib level 161.8%

 

X number of Max Order

Use trailing stop at X Pips

Take Profit at X number of Pips

Stop Loss at X number of Pips


  



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