OPEN-SOURCE SCRIPT
Updated Dk- Fibo and pivot levels with CPR
This script has the levels like
Fibonacci major and minor levels such as 1.618/2.618/3.618 and 1.382/1.00/2.00 respectively.
Pivot levels from R1 to R4.
CPR levels
Provided the percentage difference between CPR and TPR . Lower the difference higher the explosion of stocks.
Provided a No trade zone where the levels are colored. This zone is actually a area between R1 & S1 and Previous day high & low. Stocks tend to move larger once the area is breached.
Also added Moving average, vwap and mvwap with periods.
Historical days can be seen by changing the number of days.
Tomorrow's range can be seen by changing the type as 0.
Fibonacci major and minor levels such as 1.618/2.618/3.618 and 1.382/1.00/2.00 respectively.
Pivot levels from R1 to R4.
CPR levels
Provided the percentage difference between CPR and TPR . Lower the difference higher the explosion of stocks.
Provided a No trade zone where the levels are colored. This zone is actually a area between R1 & S1 and Previous day high & low. Stocks tend to move larger once the area is breached.
Also added Moving average, vwap and mvwap with periods.
Historical days can be seen by changing the number of days.
Tomorrow's range can be seen by changing the type as 0.
Release Notes
Updated zones.Clubbed pivot and Fibonacci points as few scripts are being traded with pivot and few with Fibonacci.
These zones provide extra advantage to identify the levels. i.e If one level is breached the script should go to next zone for sure.
Release Notes
Few more enhancements incorporated.Release Notes
Added few more levels.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.