Script that can display signals against key Fibonacci levels based on highs and lows within a given time-frame
Set the number of days back in time that you would like the indicator to look for the high and low for calculating fibs.
Bear Market options include sub-level fibs within the 12.3% range - 38.2 and 61.8% 3 levels deep.
Signals when crossing over and under key fibs.
Set ALERTS for each key fib piercing.
Set ALERTS when new highs or lows are made.
All levels and signals can be displayed or hidden and customised within the indicator options.
Next candle price projection.
Bull Market key fib sub-levels will be added in the next update (top 12.8% sub-levels 1,2 & 3). Happy trading!
Release Notes
Minor updates made
Release Notes
Minor update to alerts.
Release Notes
Update to allow for 2 alerts that will be triggered whenever any fib level is hit (from below or above in both alert cases)
Hitting a level from below: Condition: ML | Fib Signals > Candle High > Hit from Below
or Hitting a level from above: Condition: ML | Fib Signals > Candle Low > Hit from Above
Release Notes
Update to add 4 custom Fib levels (default to 50%)
Release Notes
Bug update to ensure 38.2 and 12.6 fib level touch is measured as per price low, instead of high. Add function to display fib high and low levels independently in options. Improve visibility of fib signals (dots and stars) when key levels are touched. Changed default fib history window to 60 hours. Update menu layout to better suit TV updates.
Happy trading!
Release Notes
Minor updates.
Release Notes
Minor update
Release Notes
Swapped out fixed ema/sma ribbons to 5 manually editable lengths.
Allow each individual Ribbon to be switched between EMA and SMA.
Correct options labels.
Release Notes
Add EMA & Fib combo signal (on by default)
GREEN dot below bar = Bullish => Display signal when simultaneously closing above EMA 5 & breaking above any Key Fib
RED dot above bar = Bearish => Display signal when simultaneously closing below EMA 3 & breaking below any Key Fib
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.