PINE LIBRARY
fibo_levels
Updated
Library "Fibo_levels"
Calculate Fibo levels from any 2 levels. Your need know only 2 price of 2 levels for calculate any level of Fibo: function 'fibo_lvl',
or calculate array of price Fibo levels : function 'fibo_lvls'
fibo_lvl(fibo_lvl1, price1, fibo_lvl2, price2, calc_level)
Parameters:
fibo_lvl1: First of any level of fibo from 0 to 1 (example 0.236)
price1: Price for 1th any level (example 2356.1)
fibo_lvl2: Second of any level of fibo from 0 to 1 (example 0.382)
price2: Price for 2th any level (example 2497.4)
calc_level: Price for level to calculate (example 0.5)
Returns: return price for calc_level fibo
fibo_lvls(bars, time1, time2, fibo_lvl1, price1, fibo_lvl2, price1)
Parameters:
fibo_lvl1: First of any level of fibo from 0 to 1 (example 0.236)
price1: Price for 1th any level (example 2356.1)
fibo_lvl2: Second of any level of fibo from 0 to 1 (example 0.382)
price1: Price for 2th any level (example 2497.4)
Returns: array of price for fibo levels : (0.0, 0.118, 0.236, 0.384, 0.5, 0.618, 0.786, 1.0, 1.27,-0.27,1.618,-0.618)
Calculate Fibo levels from any 2 levels. Your need know only 2 price of 2 levels for calculate any level of Fibo: function 'fibo_lvl',
or calculate array of price Fibo levels : function 'fibo_lvls'
fibo_lvl(fibo_lvl1, price1, fibo_lvl2, price2, calc_level)
Parameters:
fibo_lvl1: First of any level of fibo from 0 to 1 (example 0.236)
price1: Price for 1th any level (example 2356.1)
fibo_lvl2: Second of any level of fibo from 0 to 1 (example 0.382)
price2: Price for 2th any level (example 2497.4)
calc_level: Price for level to calculate (example 0.5)
Returns: return price for calc_level fibo
fibo_lvls(bars, time1, time2, fibo_lvl1, price1, fibo_lvl2, price1)
Parameters:
fibo_lvl1: First of any level of fibo from 0 to 1 (example 0.236)
price1: Price for 1th any level (example 2356.1)
fibo_lvl2: Second of any level of fibo from 0 to 1 (example 0.382)
price1: Price for 2th any level (example 2497.4)
Returns: array of price for fibo levels : (0.0, 0.118, 0.236, 0.384, 0.5, 0.618, 0.786, 1.0, 1.27,-0.27,1.618,-0.618)
Release Notes
v2 -remove some unnecessary description of paramsRelease Notes
v3 - remove error w reversed fibo
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House rules.
With best regards, Sergey.
Disclaimer
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