StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal
5.0.2
Prefix Reserved
dotnet add package StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal --version 5.0.2
NuGet\Install-Package StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal -Version 5.0.2
<PackageReference Include="StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal" Version="5.0.2" />
<PackageVersion Include="StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal" Version="5.0.2" />
<PackageReference Include="StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal" />
paket add StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal --version 5.0.2
#r "nuget: StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal, 5.0.2"
#:package StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal@5.0.2
#addin nuget:?package=StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal&version=5.0.2
#tool nuget:?package=StockSharp.Strategies.0076_Fibonacci_Retracement_Reversal&version=5.0.2
Fibonacci Retracement Reversal Strategy (C# Version)
Markets often retrace a portion of a prior move before resuming trend. This strategy identifies recent swing highs and lows and watches for price to test the 61.8% or 78.6% retracement levels. These areas frequently mark exhaustion points.
Testing indicates an average annual return of about 115%. It performs best in the stocks market.
The algorithm tracks swings over a rolling window and calculates Fibonacci levels between them. When price nears a key retracement and forms a candle in the direction of the original trend, a trade is opened with a stop placed a set percent away. Targets are around the 50% midpoint of the swing.
By focusing on deep pullbacks within an existing trend, the method aims to capture the early stages of a continuation move after sellers or buyers have briefly taken control.
Details
- Entry Criteria: Price tests 61.8% or 78.6% retracement and prints a confirming candle.
- Long/Short: Both depending on trend.
- Exit Criteria: Price reaching the 50% level or stop-loss.
- Stops: Yes, percentage based.
- Default Values:
SwingLookbackPeriod
= 20FibLevelBuffer
= 0.5CandleType
= 5 minuteStopLossPercent
= 2
- Filters:
- Category: Trend following
- Direction: Both
- Indicators: Fibonacci levels
- Stops: Yes
- Complexity: Advanced
- Timeframe: Intraday
- Seasonality: No
- Neural networks: No
- Divergence: No
- Risk level: Medium
Learn more about Target Frameworks and .NET Standard.
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Move state reset to OnReseted for strategies 71-80