Scalping Grid at Pivot Point Fibonacci
This strategy sets a grid of stop orders once price touch one Fibonacci weekly pivots.
This works very well for scalping as the price touch a pivot level.
Take care when you work with grids because drawdown could be very high.
Study with alarms is available at request.
Please use comment section for any feedback.
Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study.
********************************** IMPORTANT*******************************
I have developed an expert advisor for metatrader4 (MT4) and for jforex platform: results of expert advisor form 2015-01-01 to 2018-11-25 are very good with low drawdown and good profit.
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This works very well for scalping as the price touch a pivot level.
Take care when you work with grids because drawdown could be very high.
Study with alarms is available at request.
Please use comment section for any feedback.
Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study.
********************************** IMPORTANT*******************************
I have developed an expert advisor for metatrader4 (MT4) and for jforex platform: results of expert advisor form 2015-01-01 to 2018-11-25 are very good with low drawdown and good profit.
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