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Fibonacci + TP/SL Strategy [Backtest]

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✅ Key Features Added and Adjusted:
Fibonacci Retracement Levels:

Automatically calculated based on the last 100 bars' high/low

Plotted levels: 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%

Extension targets: 161.8%, 261.8%, 423.6%

Buy/Sell Signal Logic:

Buy: Price is between 78.6% and 38.2% levels

Sell: Price is between 61.8% and 23.6% levels

Both depend on a can_trade time filter to avoid overtrading

ATR-based Stop-Loss:

Stop-loss dynamically adapts to market volatility:

SL = Entry - ATR * 1.5 (long)

SL = Entry + ATR * 1.5 (short)

Fixed Take-Profit:

Configurable via input: default is 4%

Can be changed in TradingView UI

Golden/Death Cross Indicator (Visual Only):

EMA 50 crossing EMA 200 plotted on chart:

Golden Cross = Buy signal (green triangle)

Death Cross = Sell signal (red triangle)

Weekly Profit Cap:

Prevents new trades if weekly profit exceeds 15%

Resets at the start of every week

Visual Elements:

All Fibonacci levels are plotted

Buy/Sell signals are labeled on the chart (BUY, SELL)



Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.