Ankit_1618

Trend Line Fibonacci [TLF]

TLF is a price based Adaptive Scalping Indicator ideally to be used over lower timeframes
1min, 5min,.... 30 min

Its made using pivot calculations of fibonacci lookback lengths, which gives it an adaptability
default lookback lengths are:
55,89,144,233

This indicator is a pine script clone of Trend Line Fibonacci as available in MT4
google search ( prorealcode , trend line fibonacci )


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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

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