Fibonacci filter. Work with the trend.

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Mikhail Kukhta
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Hello everyone! Andrey, could you add a parameter for opening trades along the trend to the Fibonacci filter? Bullish trend: buys are allowed if price >= FiboLevel. Bearish trend: selling is allowed if price >= FiboLevel.

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Ulises Cune

I'm sorry, I do not know.

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Mikhail Kukhta

Could you help me determine the settings from the indicators you listed above that would correspond to, for example, 72H1 FiboLevel: 50

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Ulises Cune

You can use an EMA like the one below to follow the trend. Either TDI or IdentifyTrend or PSAR. Use "Open on Collective signal"