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please help: do you know the name of this EA?
Started Jan 9, 2023|Platform Tech|0 replies
please help: do you know what the name of this ea/indicators? thank you
the price has touched 61.8 fibo daily, will it bounce or continue to fall..
if it breaks below 2033 it is likely to catch up to the 161.8% level to meet the 61.8 level on the daily, before going up again.
in order to reduce subjectivity, when using fibo use the H4, D1 and W1 timeframes, and use standard tools to detect highs and lows, I use the standard zigzag indicator from default mt4. so far very accurate for detecting reversal points and initial ...
this is just a suggestion, lock your position, and do trading as usual to increase equity, but this time trade the right way using stop losses.
stop loss is your account savior, lucky you guys who always use a stop loss on every transaction ![]()
gold will touch 2031 before dropping further, my sell area is around 2031-2035 with a target around 2012, stop area 2048
my sell area between 1993-1997, gold usually breakhigh to gather liquidity before going down.
there is a sign that seller is dominan, dont ignore that sign. i think gold will find next support maybe 61.8 or 78.6% fibo. before going up again.
i think this thread is collecting mq4 source code from all ![]()
please post something useful for others, don't just show off here.
in my opinion for short term, if it hold below 1977 gold is heading 1957 before going up again.
i can make ea based on your strategy for free, just PM me and provide the necesary indicators.
please help: do you know what the name of this ea/indicators? thank you
no more update for this system? is it still relevant to current market condition?