NexusFi: Find Your Edge


Home Menu

 





Crossing back to the"The first Fibonacci support"


Discussion in EasyLanguage Programming

Updated
    1. trending_up 2,960 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
fractal
Jerusalem, Israel
 
Posts: 4 since Mar 2012
Thanks Given: 1
Thanks Received: 0

How can I write in easy language , a Long Exiting after crossing back "the first Fibonacci support" between the last higher high in 30 days and the lower low in the last 30 days or when we enter to the long.


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Six Days to Kickoff: World Cup Prediction Markets Hit $1 …
Prediction Markets & Event Contracts
Iran and Israel Stand Down: What $9M in Peace Contracts …
Prediction Markets & Event Contracts
June 15 Peace Odds Surge From 3.6% to 12.25% After Trump …
Prediction Markets & Event Contracts
$4.5M Floods Russia Nuclear Contract in 24 Hours -- Krem …
Prediction Markets & Event Contracts
World Cup Opens: USA at 45.5% Tonight as Markets Push Ba …
Prediction Markets & Event Contracts
 
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 R.I.P. 1977-2026 
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,669 since Jun 2009
Thanks Given: 33,669
Thanks Received: 102,580



fractal View Post
How can I write in easy language , a Long Exiting after crossing back "the first Fibonacci support" between the last higher high in 30 days and the lower low in the last 30 days or when we enter to the long.

You need to define "first fibonacci support" in something tangible. Do you have an indicator which outputs this value?

Mike




We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on X Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
fractal
Jerusalem, Israel
 
Posts: 4 since Mar 2012
Thanks Given: 1
Thanks Received: 0


Big Mike View Post
You need to define "first fibonacci support" in something tangible. Do you have an indicator which outputs this value?

Mike


{ a Long Exiting after crossing back into "The first Fibonacci support"
between the last higher high and the lower low or from the price we entered long if it was more than 3 month ago}

inputs: ValueLastLow (10),
ValueLasthigh (10),
Price( Low ),
ConsecutiveBarsDown( 4 ) ;


variables : DownPoint(0),
HighPoint(0),
First_Fibonacci(false);
{

if Price < Price[1] then
Value1 = Value1 + 1 { the pre-declared variable Value1 is used here as a
"counter" variable to count the number of consecutive down bars }
else
Value1 = 0 ;}

DownPoint = lowest(Close,ValueLastLow) ;
HighPoint = Highest(close,ValueLasthigh);

First_Fibonacci = c< (DownPoint +((1- 0.236)* (HighPoint - DownPoint))) ;

If Marketposition =1 and{Value1 >= ConsecutiveBarsDown and} First_Fibonacci then
begin

Sell ( "@First_Fibona" ) next bar at market ;
Alert( "AlertMessage" ) ;
end


Reply With Quote




Last Updated on March 26, 2012


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts