Since I know nothing about programing not to mention Forex EA programing, I don't even know if this is possible. The idea is simple though. There are two steps to this process that I want automated on my MT4 platform.
First of all, I constantly have to readjust my Fibonacci indicator based on further drops or rises in prices since my take profit depends a lot on the Fibonacci numbers. So instead of me constantly readjusting the indicator in my MT4 platform manually which requires constant attention, I want to see if anyone knows how or if it's possible to create an EA that readjusts the Fibo indicator automatically to the highest or lowest point as the price rises or falls. I will set the Fibo's starting point manually though. For example the market is moving downward in which I will manually start my Fibo indicator from the highest point to the current lowest point. As that lowest point drops further, I need the Fibo indicator to follow it and readjust automatically to the most recent low point.
Secondly, as the Fibonacci indicators constantly adjust to the dropping or rising of a trend and since my take profit areas heavily rely on the 38.2, 50, and 61.8 retracement guidelines, I want my “take profits” on my trade/s to adjust accordingly to those numbers that I indicate from the start automatically. I would like to not have to constantly change those “take profit” numbers manually as the Fibonacci numbers adjust.
Please let me know if this is possible and please do submit a bid if you are for sure capable of automating this sort of task. I can be easily reached on Skype throughout the project as well.
Here is a Video describing visually what I want:
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