SoftKill21

Fibonacci candle with Fibonacci ema strategy

For this strategy I am making use of the fibonacci numbers until 10 sequences and I am using them to make an avg candle and an average ema .

With it, I combine multiple price action rules and I set it up to only go long. When we have a short , we exit from the trade.

From the initial tests, it looks like it performs better on big timeframes.


If you have any questions, let me know !
Release Notes: Added stochastic and volume calculator to the logic.
Now works better with 30 min
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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