Topic: Fibonacci
Hello,
although I've noticed that the Fibonacci indicator is meant for demo purposes only I'd like to know why...
I've tried to use it in FSB and then forward-tested it in FST and got different results for the same bars (in FSB I've imported data from my broker on the timeframe the strategy works on and on all the smaller ones) and I'm curious to know if I'm doing anything wrong.
Thanks for the great software and support!
Best Regards
Edit: figured I'd be more specific, so below is what's actually happening.
In my strategy I'm using fibonacci to determine entries, however on a couple of bars FST entered a trade and FSB (using the very same data) shows both long and short entries as disallowed. It's true that at a certain point the price crossed a fibonacci retracement line, however I should also specify that the bar had both opening and close above the fibonacci retracement line and just the low below it. I'm looking to get the same results across the two programs, keeping as reference behavior that of FSB.