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Fibo

MA * Fibo levels (canal)Some updates to the scrypt "MA * Fibo levels (auto)" In the previous scrypt we drew lines using either highs or lows of the candles due to the positiveness or negativeness of given percentages. But, after some research it seems easier to use CANALS to buy or sell rather than LINES. So these canals are the intervals between SMA(highs) and SMA(lows) multiplied by FIBO coefficients. However, lines can be also used as stop-losses if the price goes out of the canal, and wait until the price reaches the other canal. Good luck in trading! If the scrypt was useful let me know! Any feedbacks and ideas are welcomed!
Pine Script™ indicator
by Khayrulloh
2
MA * Fibo levels (auto)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 multiplying either the higher base or the lower one. Good luck in trading! If the scrypt was useful let me know! Any feedbacks and ideas are welcomed!
Pine Script™ indicator
by Khayrulloh
Price Action Pack v1.00With the Price Action Pack you can read buying and selling activity, view strong pivot highs / lows, see GAP pattern or StarGap formation. Next you can use fibonacci retracement with even and odd setting, fibo extensions, timeframe could be changed to daily, weekly, monthly or more. You can have for example monthly Initial ballance (fibo extensions) within for example 30 minutes chart. The indicator has more features like VWAP POC on every bar, volume based reversal signal devivated from volume change and candle patterns which often start new trend. If you find area with more then one level on your chart it is likely very strong zone to watch for rebounce or breakout. send PM or visit website to get access
Pine Script™ indicator
by Asanato
MyMA + FIBOThis script combines 6 Moving Averages (MAs) with 3 Donchian Channel 78.6% and 21.4% intermediary level lines to perform trade analysis. The 6 MAs (I, II, III , IV, V and VI ) default lengths 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 300. Up to my knowledge, Fibonacci Phi^3 and Phi^3/2 sub series lengths were first proposed by Bo Williams. The used Moving Averages can be chosen between EMA and MyMA. MyMA is a Moving Average that tries to mimic Bo William's MIMA. Due to the close resemblance between MyMA and MIMA, I do not feel comfortable to open this script source code. In order to learn how this script operates with EMAs, please refer to my Custom EMA + Fibo indicator that has its source code open. The 3 Donchian Channels used have default lengths 72, 305 and 1292, calculated after the first length default value of 72. For each of the 3 Donchian Channels only an upper line, set by default at 78.6%, is plotted in green and its complement, set to 21.4%, is plotted in red. When the closing price is above 3 green lines, we say it is Forbidden to Sell ( PV ), and when the closing price is below 3 red lines, we say it is Forbidden to Buy ( PC ). Those conditions are flagged on the chart. These PV-PC conditions were, up to my knowledge, first proposed by Bo Williams. This script also includes optional plot of the Giant MAs to help detecting old Resistance and Support lines when the price seems to be doing new historical highs and lows, respectively. These Giant lines have length greater than 1000. This script also include the indication of the MA Fans. Those fans are formed when 6 Phi^3/2 distant MAs are ordered, for instance, we say there is EMA Fan 610 if close > EMA 17 > EMA 34 > EMA 72 > EMA 144 > EMA 305 > EMA 610. As far as I know, this concept of EMA Fan was first proposed by Bo Williams.
Pine Script™ indicator
by luyikaibr
1
Custom EMA + FIBOThis 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 300. Up to my knowledge, Fibonacci Phi^3 and Phi^3/2 sub series lengthes were first proposed by Bo Williams. The 3 Donchian Channels used have default lengthes 72, 305 and 1292, calculated after the first length default value of 72. For each of the 3 Donchian Channels only an upper line, set by default at 78.6%, is plotted in green and its complement, set to 21.4%, is plotted in red. When the closing price is above 3 green lines, we say it is Forbidden to Sell ( PV ), and when the closing price is below 3 red lines, we say it is Forbidden to Buy ( PC ). Those conditions are flagged on the chart. These PV-PC conditions were, up to my knowledge, first proposed by Bo Williams.
Pine Script™ indicator
by luyikaibr
Auto Fibonacci Fan with 5 adjustable levels.This indicator is able draw the Fibonacci Fan automatically on chart based on the input range of bars. The lines of a Fibonacci fan used Fibonacci ratios determined by the Fibonacci series, typically 23.6 percent, 38.2 percent, 50 percent, 61.8 percent and 80.9 percent. They can be used to estimate support and resistance levels. Fibonacci fan is a practical technique that uses Fibonacci ratios to draw out levels of support and resistance, see chart as an example. The fibo fan extension lines can be either upwards (rising Fibonacci Fan) or downwards (Falling Fibonacci Fan), and the lines are drawn using Fibonacci ratios, typically 23.6%, 38.2%, 50%, 61.8% and 80.9%. Features and inputs: Range, it's the number of bars used to detect the highest and lowest price. The default value is 150 it means the indicator will plot the Fibonacci Fan based on the price range of last 150 bars. If you want to use different ratios other than the default ones, you can change them from input Level1 to Level5. You can change the color of each level line, from bottom to top. The highest and lowest level are auto detected and update in realtime. Please purchase it from our website or contact us for more info.
Pine Script™ indicator
by Patternsmart
6
RyuFib🔰 Auto Fibonacci Retracement New look, features, and improvements from the previous auto Fibonacci indicator. Now looks like the Fib Retracement Tool that you can draw and with all of it's settings options. This indicator will automatically draw all the Fibonacci levels onto the chart and update for each timeframe and adjust saving you time. By default the length is long so it will show the major levels, however, can be adjusted to any custom length or shorter length to select various retracements. An improvement to the indicator in the update is that now it will auto update and adjust to fit the history length. The previous custom timeframe option has been removed, since you can select any length for retracement anyways and is not needed. Lines that go further back in history that are not shown in the chart view are not loaded to prevent loading lines not in view, this done by TradingView. So if the length is long the lines do not appear unless you scroll back further in history to the start point in time of the retracement history. To prevent this, by default the lines are extended to the left so you don't have to scroll back for them to show, but you can still turn off the extend if you choose. Another update improvement is that it will now auto detect and adjust the Fibonacci retracement type, i.e, from high to low or low to high with the appropriate levels, with the option to reverse like the tool gives. Now also shows the trend line which shows the points used from the retracement from the high and low, which can also be turned on/off. Additionally, another improvement now the Fibonacci price levels are shown along with the levels. This indicator shows all of the common default Fibonacci levels as well as my own added fib levels for the default levels, with the default extension levels, and added custom levels. By default there 9 of the common and my added Fibonacci levels displayed, plus the 2 for the high and low, so 11 levels, plus default 3 extension levels and 3 reverse extension levels, and 18 additional custom Fibonacci levels that are hidden and can be turned on and adjusted. So there are 35 total Fibonacci levels with the levels and price labels. All of the Fibonacci levels can be customized and adjusted in the settings with an input and can be turned on/off to be shown or hidden. You don't need to do anything, simply load the indicator and it will auto adjust the appropriate length if needed, retracement type, and display the Fibonacci levels for each timeframe and update. However, you can still change the custom Fibonacci settings and style settings as you choose. 📌 Note: New update and redesign updated to new version pine script v4. This is published as a new indicator since it is now completely different redesigned with updates and improvements, and since the description was too long to fit in an update. This older Auto Fibonacci indicator is no longer used and updated by this one. 📌The following are the custom settings options of the user interface: 📌 For the plots display options: Can show/hide all Fibonacci levels with a single master control switch Can turn on/off the default Fibonacci extension levels Can turn on/off the default Fibonacci reverse extension levels Can show/hide all Fibonacci levels labels Can show/hide all Fibonacci price labels Can show/hide the Fibonacci trend line 📌 Fibonacci retracement settings: Can adjust each Fibonacci level custom input Reverse option to reverse the levels retracement type and levels Can select the Fibonacci length max bars back, which will also auto adjust if needed if too long Option to select the candle type for the retracement to use wick or candle close, default uses wick 📌 Fibonacci custom style settings: The style settings updates for all 35 Fibonacci levels so you don't have to do individually Can adjust all of the colors to your preference, default red since works for both black/white backgrounds Adjusting the color will adjust all of the colors for the levels line, levels label, and price label Can adjust the lines to solid, dashed, or dotted as preferred Can extend lines to the left, right, or both, or turn off, default extended left Can change the levels labels to display as levels or percents, i.e, 0.618 or 61.8% Can adjust the width of the Fibonacci lines Can adjust the size of the Fibonacci levels and price text labels Can adjust the offset to shift the levels and price text labels 📌 Example on Bitcoin currently on the 1h showning Fibonacci levels being respected. 📌 Another example with BTC on the 15m showing price ping pong between Fibonacci levels; and with different settings with white color and levels shown as percents option. 📌 Here is Bitcoin again on the 1D timeframe with just default settings. Based on the history the indicator automatically selected the appropriate length and shows the high and low point and drew the levels. We can see the major Fibonacci levels being respected and with the extension levels can see the further future potential resistances.
Pine Script™ indicator
by RyuzakiTrader
1
RyuFib Auto Fibonacci Retracement🔰 Auto Fibonacci Retracement 📌Auto plots the Fibonacci levels the same as the Fib Retracement tool from the high to low or low to high according to the set length. This tool saves you 2 seconds from manually drawing the Fibonacci Retracement, however, having to do on 100 different charts can save time; and can set up on various timeframes to show to get a quick look at the fib support/resistance levels of the chart. Shows additional fib levels and fib extensions. Can set custom timeframe to add multiple fib indicators for different timeframes shown, or to always show a particular timeframe. Can set the length for different timeframes, so you can flip between timeframes without having to adjust. The 12h and daily timeframes are shorter length since if it's too long the chart history may not be long enough. 📌Features 🔹Fibonacci Retracement Levels (show/hide all) 🔹Fibonacci Extension Levels (option show/hide all) 🔹Fibonacci Text Labels (option show/hide all) 🔹Select fib Retracement type, from high to low or low to high 🔹Select fib candle type, from the wick or candle close 🔹Select fib custom timeframe 🔹Select custom length back for different timeframes, shorter 4h and under, 12, and daily 🔹Select fib line width 🔹Select fib text labels position offset 📌Note: If the fibs are not showing then the chart history is too short for the length, adjust the fib length.
Pine Script™ indicator
by RyuzakiTrader
11
Scalping Grid at Pivot Point FibonacciThis strategy sets a grid of stop orders once price touch one Fibonacci weekly pivots. This works very well for scalping as the price touch a pivot level. Take care when you work with grids because drawdown could be very high. Study with alarms is available at request. Please use comment section for any feedback. Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study. ********************************** IMPORTANT******************************* I have developed an expert advisor for metatrader4 (MT4) and for jforex platform: results of expert advisor form 2015-01-01 to 2018-11-25 are very good with low drawdown and good profit. ********************************************************************************
Pine Script™ strategy
by 03.freeman
9
Auto Fibonacci Retracement Levels MTFMulti Time Frame version of Auto Fibonacci Retracement Levels Indicator Now you can see daily Fibo Retracement levels on any time frame This indicator/tool (Auto Fibo) draws Fibonacci Retracement Levels automatically on any chart. The algorithm of the Indicator Plots the extreme points and puts the retracement levels in order by itself with 100% sensitivity. The key point is that to arrange the length of the "lookback bars" to arrange the correct extreme points. Like the other auto plotting tools, the levels can change when the time frame of the chart changes, in contrast with manually drawn Fibo levels. In technical analysis , a Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.
Pine Script™ indicator
by KivancOzbilgic
15
MTF Auto Fibonacci LevelsDear traders, It is time to diversify and to "fibonaccify" my developer experience. On the preview you can see the daily chart with fibo levels from 3h timeframe. Features 24 Fibonacci levels 24 timeframes Ability to customize levels Ability to specify a preferred timeframe Supported levels 0 0.236 0.382 0.5 0.618 0.786 1 1.272 1.414 1.618 2 2.272 2.414 2.618 3 3.272 3.414 3.618 4 4.236 4.272 4.414 4.618 4.764 Supported resolutions "1" "3" "5" "10" "15" "30" "45" "60" "120" "180" "240" "300" "360" "420" "480" "540" "600" "660" "720" "D" "2D" "3D" "W" "M" How to get access Buy for 29$ to get lifetime access to this indicator
Pine Script™ indicator
by everget
35
Auto Fibonacci Retracament Levels by evhar002This indicator/tool (Auto Fibo) draws Fibonacci Retracement Levels automatically on chart. The algorithm of the Indicator Plots the extreme points and puts the retracement levels in order by itself with 100% sensitivity. The key point is that to arrange the length of the "Days Back" to arrange the correct extreme points. Like the other auto plotting tools, the levels can change when the time frame of the chart changes, in contrast with manually drawn Fibo levels. In technical analysis , a Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%. Description copied from tr.tradingview.com and updated according to this script content. Here's the link to a complete list of all my published indicators: www.tradingview.com
Pine Script™ indicator
by evhar002
3