This indicator is meant to be used as a tool to quickly identify fibonacci retracements and projections in multiple charts during the same date range. Users can set the calculation date range and quickly flip through different charts for comparisons Steps for using this indicator is as follows: 1. Specify Start Date and End Date for calculations 2. Choose...
GNC got a little update: 1) Logic changed a bit. I tried to calculate MAs based on the power(high - low of previous bars).You can see it the M-variables, as new statements were added in calculation section of MAs. I don't really know if I did right, because I didn't go too much in Pine Script. I just wanted to make a Bollinger-bands-like bands, which could...
Fibonacci moving averages are a more reactive form of EMA utilizing the Fibonacci sequence (1 2 3 5 8 13 ... etc) to weight values. This method gives several advantages of EMAs: they respond much sooner to price action while still weighting for past values and longer MAs (200 candle, 800 candle) etc moving averages can be calculated from candle 1 - handy for...
This is a modification to "ZigZag with Fibonacci Levels" by LonesomeTheBlue. By default, the script finds the ZigZag, draws Fibonacci lines and labels accordinly. ZigZag period can be set. The modification to the original script provides the following features: 1) Option for user to customize retracement levels, if they don't want to use Fibonacci...
fibo delayed and real value wave design. Burada bandlar arası dalgalanmadan faydalanılmakta.
Hello Traders! After the addition of "Arrays" to the Pine, I developed new and improved version of Support Resistance - Dynamic script as version 2. In this script Arrays were used. This can be used as Support Resistance tool, also it will be an example for the people who want to learn Array usage in Pine. Many thanks to Pine Team for adding Arrays! The...
Hello Traders, Here is my new year gift for the community, Digergence for Many Indicators v4 . I tried to make it modular and readable as much as I can. Thanks to Pine Team for improving Pine Platform all the time! How it works? - On each candle it checks divergences between current and any of last 16 Pivot Points for the indicators. - it search divergence...
Intra-variety Timeframe Floating Fibonacci Levels is an intraday, intraweek, and intramonth indicator to be used for scalping on lower timeframes. The indicator paints the developing fibonacci retracement levels as they change overtime over the selected intra-variety timeframe chosen. This indicator acts as another way to gauge support and resistance levels. ...
This is a real time tools assisting traders in monitoring the Fibonacci Retracement Levels while the range is extending in real time run. I have simply marked the three most important Fibonacci retracement level, namely 38.2%, 50%, 61.8% which are colored and marked as blue Fibo_up, red Fibo_mid and blue Fibo_low. Should you have any idea in trading with other...
These Bollinger bands feature Fibonacci retracements to very clearly show areas of support and resistance. The basis is calculate off of the Volume Weighted Moving Average. The Bands are 3 standard deviations away from the mean. 99.73% of observations should be in this range.
This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points. Generally HH and HL shows up-trend, LL and LH shows down-trend. If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script...
Fɪʙᴏɴᴀᴄᴄɪ Exᴛᴇɴᴛɪᴏɴ / Rᴇᴛʀᴀᴄᴍᴇɴᴛ / Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ This study combines various Fibonacci concepts into one, and some basic volume and volatility indications █ Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ — is a technical indicator that is used to determine the levels at which price may face support or resistance. The Pivot Points indicator consists of a pivot point (PP) level and several...
Hello Traders, This is ZigZag Multi Time Frame with Fibonacci Retracement script. It calculates the ZigZag using Higher Time Frame, draw Fibonacci Retracement lines and put labels accordingly. I already published Zigzag with Fibonacci Levels script but this one is Multi Time Frame and I didn't want to change/update it. You can set ZigZag Period and Resolution...
This is a simple FIB extension tool that pulls from the start of a wave to the end of the wave. It extends FIB levels beyond the first wave making the assumption that the first wave was between 0.0 and .236 FIB levels. This often works as support and resistance in a multi-wave move. I see the price get to .65 or .786 often after clearing the initial .236 level....
My first attempt in Pine. It is a Donchian Channel, but in stead of the median line I added the four Fibonacci lines and colored three of the five ensuing zones in suggestive colors. The blue zone is up trend zone The gray zone is ranging zone The orange zone is down trend zone. The white zones are 'in betweens' For the fibs to function properly it needs to be a...
This toolkit aims to display multiple Fibonacci drawing tools including retracements, arcs, circles, fans, timezones and spirals. Usage Upon adding the indicator to the chart, users will be prompted to choose a starting point and an ending point for the calculation of the drawing tools. Users can then navigate to the settings of the toolkit and choose which...
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.
This indicator shows three types of support and resistance lines: Horizontal, Parallel (using linear regression) and Fibonacci Retracement. Lines can be adjusted or turned on and off in settings. A great tool for setting up entries, exits and locating pivot points.