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a_guy_from_wall_street

Fib High Low Points

a_guy_from_wall_street Updated   
Trend Analysis high LOW
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trendanalysis high low
This is a simple indicator which plot high and lows based on Fibonacci sequence.
Best part of this indicator is it don't rewrite itself once it got plotted on the chart, which make it unique from other High low indicators.
Release Notes:
added comments
Release Notes:
Added instructions For batter understanding.
Release Notes:
  • Color has been changed and a new calculation method is added. There is no need to change the inputs now current inputs work best with all timeframes.
  • NOTE: This is not a magic indicator. Don't think this will make you money single-handedly. You can use it to enhance your strategy or use mine (elaborated above) to catch a good trade.
  • Have a look at this, a perfect example of a Sniper Entry. Enable desktop site mode if you are a mobile user.
  • Copy this link: "tradingview.com/chart/EURNZD/vmnbqAa9-EUR-NZD-Entry-using-Fib-HL/"
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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.

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