Fibonacci Retracement Tool in Cbot?

Created at 05 Sep 2024, 00:03
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thecaffeinatedtrader

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Joined 22.07.2020

Fibonacci Retracement Tool in Cbot?
05 Sep 2024, 00:03

How do we use the Fibonacci Retracement tool in Cbot? Is it even possible? 

I was looking to add this feature into my current bot but cannot seem to figure it out.

Basically looking to see if I can apply the tool to a candle's highs and lows and have it enter at a specific retracement level. 

Thanks for your help. 

@thecaffeinatedtrader
Replies

PanagiotisCharalampous
05 Sep 2024, 04:49

Hi there,

You can use ChartFibonacciRetracement but I do not think is necessary. Fibo level calculation is straight forward, you can calculate them yourself using the selected high and low.

Best regards,

Panagiotis

@PanagiotisCharalampous
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