Is there any way to code last two swing form trendline, high break, fib draw, open order for a retracing EA?

<p id="isPasted">Yes, it's possible to code an Expert Advisor (EA) that identifies swing points, draws a trendline, detects a breakout, draws Fibonacci retracements, and places an order based on a retrace. The process involves several steps: swing point detection, trendline drawing, breakout detection, Fibonacci retracement drawing, and order placement based on a retest of the trendline within a Fibonacci zone.&nbsp;</p><p>1. Swing Point Detection:</p><p>Identify the last two swing highs and lows on the price chart.</p><p>Swing points are generally defined as local maximums (swing highs) and minimums (swing lows) on the price chart.&nbsp;</p><p>2. Trendline Drawing:</p><p>Connect the two identified swing points with a trendline.</p><p>This trendline represents the prevailing trend direction.&nbsp;</p><p>3. Breakout Detection:</p><p>Detect when the price breaks above the trendline (in an uptrend) or below the trendline (in a downtrend).</p><p>This signifies a potential change in trend direction.&nbsp;</p><p>4. Fibonacci Retracement Drawing:</p><p>After the breakout, identify the most recent swing high and low.&nbsp;</p><p>Use the Fibonacci retracement tool to connect these points.&nbsp;</p><p>This will generate Fibonacci levels (e.g., 23.6%, 38.2%, 50%, 61.8%, 78.6%).&nbsp;</p><p>5. Order Placement (Retracement and Confirmation):</p><p>Open a trade when the price retraces to a Fibonacci level within a predefined tolerance (e.g., 38.2% to 61.8%) and also retests the broken trendline.&nbsp;</p><p>This confirms the potential reversal or continuation of the trend.&nbsp;</p><p>Set stop-loss and take-profit levels based on your risk management strategy.&nbsp;</p><p>Coding Considerations:</p><p>Programming Language:</p><p>You'll need to use a programming language compatible with your chosen trading platform (e.g., MQL4/5 for MetaTrader, Pine Script for TradingView).&nbsp;</p><p>Data Structures:</p><p>Use appropriate data structures (arrays, lists) to store swing point coordinates, trendline data, and Fibonacci level data.&nbsp;</p><p>Algorithms:</p><p>Implement algorithms for swing point detection, trendline drawing, breakout detection, and Fibonacci retracement calculations.&nbsp;</p><p>Order Execution:</p><p>Utilize your platform's order execution functions to open, modify, and close trades.&nbsp;</p><p>Risk Management:</p><p>Implement robust risk management strategies, including stop-loss and take-profit orders.&nbsp;</p><p>Backtesting and Optimization:</p><p>Thoroughly backtest your EA to evaluate its performance and optimize parameters for different trading conditions.&nbsp;</p><p><br></p>