The problem with Fibonacci's are setting the start & ending points (0/100 levels) are more of an artform than exact science. What is your idea/method for automatically determining good start/end points for the fibo?
the start point is to have 2 Fibonacci - on on longer period and one on smaller - then we can use the confluence areas as good points, so far I use it only for manual trading since they are quite hard to automate, but working on it
