e.g. initial stop at the bottom of the previous candle (simple to set). The price moves up, touching the first Fibo extension (138%), I want to move my stop to the open price, to eliminate the trading risk. The price moves again up, touching the second extension (161%) and I want to move my stop to the first Fibo extension (138%) and so on…
have you been able to code this trailing stop; I coded this but it does not work in IG; the trailing Stop il not following the levels of Fibo ;-( do you have any clue why?
