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This expert advisor will use the ZigZag indicator with Fibonacci Retracement and Fibonacci Expansions. The strategy will be based on Elliott theory.
I'd like to have the Ea and the indicator.
This
EA is for the Brazilian market, for use in WIN (Brazilian mini index) and WDO.
In
the images below I will leave an example of sell limit step by step, the same will be for the buy limit.
Below
the input parameters I need, please note that take profit, stop loss, partial close and trailing stop are linked to the levels of Fibonacci
Expansion, which I can configure at the level I want, below is only the default setting, but I want to be able to change if I find it necessary.
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INPUT PARAMETERS -----
Lots: 1.0
Stop Loss: -0.3 (Fibonacci Expansion)
Take Profit: 100% (Fibonacci Expansion)
Slippage: 10
====<
PARTIAL CLOSE >====
Use Partial Close: true/false
Partial Close Lots: 0 (enter the number of lots to be closed)
Distance to Partial Close:
61.8% (Fibonacci Expansion)
====< TRAILING STOP >====
Use Trailing Stop: true/false
Trailing Start: 50% (Fibonacci Expansion)
Trailing
Distance: 23.6% (Fibonacci Expansion)
====< TIME FILTER >====
Use Time Filter: true/false
Time Start: 09:15 (only make analysis from the configured
time)
Time End: 17:00 (from the time chosen not open any new position and do no further analysis)
Time Close all Orders: 18:00
(from this time on closing any operation that is still open)
====< INDICATOR SETTINGS >====
ExtDepth: 12
ExtDeviation: 5
ExtBackstep: 3
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I
want this EA to show the Fibonacci Retracement and Fibonacci Expansions being drawn on the chart