50% Fibonacci is driven from long term average price action in combined with pivot point.
the strategy trigger buy signal when its on uptrend long term and buy on pivots.
the similar scenario for sell signals.
the strategy has good results on indices and some forex pairs.
the parameter are as below:
1)last bar calculation
2)pivot point
3)take profit
4)stop-loss
the below is results of 1 contract wall street index on 5sec time frame without calculation of commission.
in order to access scripts contact me directly.
the strategy trigger buy signal when its on uptrend long term and buy on pivots.
the similar scenario for sell signals.
the strategy has good results on indices and some forex pairs.
the parameter are as below:
1)last bar calculation
2)pivot point
3)take profit
4)stop-loss
the below is results of 1 contract wall street index on 5sec time frame without calculation of commission.
in order to access scripts contact me directly.
Versionshinweise:
v2.3 comment signals added