A few updates to the previous post. In order to catch more exact points of TP and SL, the scrypt takes "high" as the source of SMA if the percentage is greater than 0 ( > 0), and "low" as the source when the given percentage is less than 0 ( < 0). So there are two basic SMA line ( one with "high", the other one with "low"), and the other lines would be results of...
This script combines 6 EMAs with 3 Donchian Channel 78.6% and 21.4% intermediary level lines to perform trade analysis. The 6 EMAs (I, II, III , IV, V and VI ) default lengthes come from one of the Fibonacci Phi^3 and Phi^3/2 sub series (17, 34, 72, 144, 305 and 610), but can be changed to any values, particularly to the traditionally used 20, 40, 50, 100, 200 and...
Add 4 Fibonacci EMAs to your charts with one indicator. Configureable by value, so they don't necessarily have to use Fibonacci numbers, and by colors.
DKtrader - Kristofer dos Anjos
Hello traders and developers! The weights of this WMA are Fibonacci numbers. That's all) Good luck and happy trading!
my english is not good for explanation, you can try and understand automatic start finding by given length. draw automatic fibo. from lowest to highest. or from highest to lowest.
Personally I don't like the trouble of drawing fibonacci retracement and extension tolls time and time again, not only human eyes and hands are not as accurate as a computer, but also, you would sit and think : "Hey, which one of these candles is the start of the wave" time and time again. That is one of the issues, some times you may want to drop more than one...
Personally I don't like the trouble of drawing fibonacci retracement and extension tolls time and time again, not only human eyes and hands are not as accurate as a computer, but also, you would sit and think : "Hey, which one of these candles is the start of the wave" time and time again. That is one of the issues, some times you may want to drop more than one...
Took the code from LazyBears rsi-fib and made it so you could apply it to a chart. It plots fib levels between the high and low of a timeframe of your choosing. Seems to line up well with custom drawn fib levels. Not sure if it's any better than just drawing the lines yourself, but whatever.
Autofib Extensions will automatically appear instantly when the candle breaks the high based on the period selected. Updates itself instantly, will show you the price of each level at the moment. Default uses a 3 period offset but can be modified.
Creates a channel off of desired periods' high and low and plots Fib levels. Automatically updates itself after every candle. Easily helps find the next entry point on any time frame.