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fikira
10 Th05 2021 14:54

'Golden ratio' spiral - 'GoRaS' 

BINANCE:ETHUSDT1D
Ethereum / TetherUSBinance

Mô tả

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This script is based on 'Golden Ratio'

It starts from the last pivot high/low, forming a rectangular spiral.

Mainly experimental but I think it could be used as 'support/resistance' and trend interpretation

The (pivot) length can be adjusted ('Leftbars'):




Start of the spiral can be changed ('Start loop'):



End of the spiral can be changed as well ('End loop'):




It can be made more compact, or wider ('Ratio'):




'Extend lines' can be helpful finding S/R area's:

('extend left')

Cheers!

Phát hành các Ghi chú

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Added 5 extra styles:







Trend AnalysisPivot PointsSupport and Resistance
Bình luận
vinikumar72
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You are really great coder as I m seeing...thank you for such great script...
fikira
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@vinikumar72, Thanks! Still have lots and lots to learn though!
maklerkzn
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Hello. Can I set an alarm in this indicator when green and red dots are triggered?
aliasnoa
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Is it possible to do circles? Maybe in v4?
ajiteshkumar770
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Repainting trash
fikira
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@ajiteshkumar770, thank you very much for your kind comment
SGTGUILD
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sickkk
fikira
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@cryptosage2323, :D
pakanatisriramkumar
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Hi @fikira great job!!, Doesn't it repaints?
fikira
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@pakanatisriramkumar, Thanks! If the last pivot is 1 bar back, yes, it could, there are some issues I need to work on further, will update as soon as possible, thanks!
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