OPEN-SOURCE SCRIPT
Updated Fibonacci Trendlines 8-200
In my opinion best EMA Trendlines there is, simple yet very reliable on any time frame, i found the version that had 8-13-21-55, so i decided to add 100 and 200 for higher time frames enjoy please share and like
Release Notes
made a couple slight changes from the 100 fib line to 89, and from 200 fib line to 144Starting with 0 and 1, each new number in the sequence is simply the sum of the two before it.
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377 . . .
in our case 8,13,21,55,89,144 enjoy.
Release Notes
no its good lol 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.
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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.