This script automatically plots Fibonacci Retracement levels between high and low of a period of your choosing. I usually trade H1/H4 charts, and it seems to line up really well in those timeframes.
The script combines 3 single Bollinger bands into one script for easy plotting and range modification. It can be used for analyzing a market with multiple time frames and ranges using Fibonacci series as the range.
This script allows a user to get alerts when the price goes within a certain percentage threshold of a Fibonacci level.
If connected with AutoView, it could allow an easy way to do automated range trading between Fibonacci levels. Although I plan to do this myself, I haven't used it for this purpose yet so please be cautious and verify with live results...
Newspaper : tr.investing.com
This is a very Line in in scripts, you have to select this line
and this line is progressing with Fibonach Digits
want to just developed more this script to specify the buy and sell points
Hey guys I made this indicator that plots major and minor lows based on the candle duration since it's last seen a lower low or higher high.
I made this after watching a seminar and seeing it as a way to simply, easily and naturally find the plot points for fibonacci retracements and extentions.
Blue dots are Major, Purple are Minor.
The dots only appear if...
Just thought some might find it useful to have a script of the first 7 numbers that are both fibonacci and that are prime numbers as simple moving averages and as exponential averages.
If anyone wants any other average type added to this script I can put out another version
Here is a modified moving average which uses phi as the scaling interval between moving average periods. Each MACD line is derived by determining EMAs for 8 period frames, each of which is related to the other proportionally by phi, and calculating each line by comparing it against its immediate predecessor. Actual period values are 9 15 24 39 63 102 165 and 267
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