PINE LIBRARY

MarketAnalysis

469
Library "MarketAnalysis"
A collection of frequently used market analysis functions in my scripts.

bullFibRet(priceLow, priceHigh, fibLevel)
  Calculates a bullish fibonacci retracement value.
  Parameters:
    priceLow (float): (float) The lowest price point.
    priceHigh (float): (float) The highest price point.
    fibLevel (float): (float) The fibonacci level to calculate.
  Returns: The fibonacci value of the given retracement level.

bearFibRet(priceLow, priceHigh, fibLevel)
  Calculates a bearish fibonacci retracement value.
  Parameters:
    priceLow (float): (float) The lowest price point.
    priceHigh (float): (float) The highest price point.
    fibLevel (float): (float) The fibonacci level to calculate.
  Returns: The fibonacci value of the given retracement level.

bullFibExt(priceLow, priceHigh, thirdPivot, fibLevel)
  Calculates a bullish fibonacci extension value.
  Parameters:
    priceLow (float): (float) The lowest price point.
    priceHigh (float): (float) The highest price point.
    thirdPivot (float): (float) The third price point.
    fibLevel (float): (float) The fibonacci level to calculate.
  Returns: The fibonacci value of the given extension level.

bearFibExt(priceLow, priceHigh, thirdPivot, fibLevel)
  Calculates a bearish fibonacci extension value.
  Parameters:
    priceLow (float): (float) The lowest price point.
    priceHigh (float): (float) The highest price point.
    thirdPivot (float): (float) The third price point.
    fibLevel (float): (float) The fibonacci level to calculate.
  Returns: The fibonacci value of the given extension level.

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