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Fibonacci Extension

Auto Fibonacci Levels [MisterMoTA]Using Auto Fibonacci Levels indicator users can find automatically Fibonacci Extension points where price can go after a period of consolidation (sideways or can find points for support/resistance on retracement levels that can be displayed for any defined range. The script is different from others by letting users to define a consolidation range, user can input the time when range ends and the number of candles for looking back from the defined time, default value is 16 candles. Users have total control over range definitions, fibonacci numbers, colors and option to show or hide the lines. The user can choose to display Fibomacci Bullish Expansion levels and also Fibonacci Bearish Expansion level. After a move hit a resistance or support can be choosed a range to find retracement levels, Bullish or Bearish retracement levels can be displayed checking the options from the indicator pannel. Here are few examples of usage: 1. Bullish expansion (extension) 2. Bearish expansion (extension) 3. Bullish Retracement 4. Bearish Retracement The indicator can be used on any timeframe for any pairs, stocks, crypto, forex.
Pine Script® indicator
by NexusSignals
23
Fibonacci Levels on Any Indicator [By MUQWISHI]▋ INTRODUCTION : A “Fibonacci Levels on Any Indicator” can be applied to any indicator to draw Fibonacci levels based on provided conditions of two price points to produce a sequence of horizontal line levels starting from 0% to 100% in addition to extension levels. The 0% level is measured as the start of retracement, while the 100% level is the beginning of the extension levels. This tool was developed to be easy to add to any indicator, and it could be valuable to some traders in terms of managing trades by setting targets and reducing risk in the trend direction. _______________________ ▋ USAGE: ➤ NEEDS TO IDENTIFY 4 ELEMENTS: 1. Starting Point. What’re the conditions / When will the drawing of the Fibonacci levels begin? 2. Ending Point. What’re the conditions / When will the drawing of the Fibonacci levels end? 3. High Point. What is the price for a 100% Fibonacci level (0% for the downside)? 4. Low Point. What is the price for a 0% Fibonacci level (100% for the downside)? ➤ STARTING & ENDING POINTS CONDITIONS: Need to specify the condition when the drawing of Fibonacci levels starts and ends, and the indicator shows different prepared conditions. New Phase: Import a value (plot) from an existing indicator, where its status changes from NaN to a real number. Crosses Above/Below: Import a value(1) (plot) from an existing indicator, where it crosses above/below value(2). Reversal Up/Down: Import a value(1) (plot) from an existing indicator, where it rises/decreases than the previous value(1). First/Last Bar: Useful to draw stationary Fibonacci levels. ➤ UPPER & LOWER PIVOTS (0% & 100%): Need to specify the two price points representing 0% & 100% Fibonacci levels to expose the sequence of Fibonacci lines. Upper Pivot. By default, the ATR Upper Band. It’s possible to import a custom value from an existing indicator. Lower Pivot. By default, the ATR Lower Band. It’s possible to import a custom value from an existing indicator. ➤ FIBONACCI STYLING OPTIONS: Ability to customize line & label style, color, reverse, and hide/show levels. _______________________ ▋ IMPLEMENTATION: Here are some examples of implementing the indicator. Note: All presented examples below are for demonstration purposes, and they're not trading suggestions. ＃ Example 1: (Reversal Up/Down) We want to implement Fibonacci levels on the Hull MA by mohamed982 . Our requirements are as follows: Fibonacci levels start when the Hull MA reverses up. Fibonacci levels end when the Hull MA reverses down. Upper Pivot is the ATR Upper Band. Lower Pivot is the ATR Lower Band. After adding the required indicator (Hull MA), here’re the implementation and results ＃ Example 2: (Crosses Above/Below) We want to implement Fibonacci Level on the Squeeze Momentum by LazyBear . Our requirements are as follows: Fibonacci levels start when the Squeeze Momentum histogram crosses above 0. Fibonacci levels end when the Squeeze Momentum histogram crosses below 0. Upper Pivot is the Bollinger Upper Band. Lower Pivot is the Bollinger Lower Band. After adding the required indicators (Squeeze Momentum & Bollinger Band), here’re the implementation and results ＃ Example 3: (Crosses Above/Below) We want to implement Fibonacci Level on the Crossing Moving Averages. Our requirements are as follows: Fibonacci levels start when the 20-EMA crosses above 100-MA. Fibonacci levels end when the 20-EMA crosses below 100-MA. Upper Pivot is the ATR Upper Band. Lower Pivot is the ATR Lower Band. After adding the required indicators (20-EMA & 100-MA), here’re the implementation and results ＃ Example 4: (New Phase: When the previous value is NaN, and the current value is a real number.) We want to implement Fibonacci Level on the Supertrend. Our requirements are as follows: Fibonacci levels start when an up-Supertrend (green) line shows up. Fibonacci levels end when a down-Supertrend (red) line shows up. Upper Pivot is the down-Supertrend. Lower Pivot is the up-Supertrend. After adding the required indicator (Supertrend), here’re the implementation and results ＃ Example 5: (First/Last Bar) We want to implement Fibonacci Level between two points, 330 & 300. Our requirements are as follows: Fibonacci levels start at first bar on the chart. Fibonacci levels end at last bar on the chart. Upper Pivot is 330. Lower Pivot is 300. Here’re the implementation and results. To customize the number of bars back (like 50 bars) _______________________ ▋ Final Comments: The “Fibonacci Levels on Any Indicator” is made to apply on other indicators for planning Fibonacci Levels. It can be implemented in different ways, along with presented examples. This indicator does not work with plots that were developed by drawing classes. Please let me know if you have any questions. Thank you.
Pine Script® indicator
by MUQWISHI
7
Custom Fib by Dr. MauryaThis indicator is based on purely Fibonacci levels. How it works: Let's first understand the Fibonacci levels. The main Fibonacci numbers are 0, 0.236, 0.392, 0.5, 0.618, 0.764, 1 whereas 0 equal to low and 1 equal to high. As the market is moving in any direction, new lows or new highs are developing and hence Fibonacci levels are also changing throughout the time. Sometime market retraces from various levels like 0.5, 0.618/0.382(mirror value), 0.762/0.236 (mirror value). Retracement : The three mid-level 0.382, 0.5 and 0.618 are act as a retracement or like pivot levels for market. These levels are filled with green and red colors to attention the buyers and sellers to take a trade either side if any candlestick pattern are observed at these levels. one direction trend takes support of 0.236/0.786(mirror value) (blue line in chart) Sometime buy/sell on dip levels are happen at 0.762/0.392 (mirror value). Targets: Target could be Fibonacci extension level lowest targets (1, 1.18, 1.23,), medium targets (1.39, 1.5, 1.61) and large target (2.0, 2.5.2.61, 3.0) as depended on your study volume levels and trend strength. Stoploss: You can choose any preceding lines for stoploss: e.g. if you enter long on 0.618 or 0.5 levels you can set SL on 0.762 Previous day three mid-point 0.382, 0.5, 0.618 (filled with red and green color) as well as high and low could also act as resistance or support levels for current day market. Lets understand the Input section of indicator The first input section allowed to choose where you want to start developing Fibonacci : select session for intraday then weekly, monthly and yearly options are available. Now you can set any Fibonacci levels (as you wish) you can set upto 20 levels. By default, total 7 Fibonacci levels are plotted (0, 0.236, 0.392, 0.618, 0.762 and 1. Further you can set Fibonacci extension level for long side (1.18, 1.23, 1.39, 1.5, 1.61, 2 etc). You must be careful when you enter Fibonacci extension level lower side (short side). You need to enter value -0.5 (equal to 1.5 for long). -0.618 (equal to 1.618 for long), -1(equal to 2.0 for long). You can fill color between any two adjacent lines from style sections. You can also select labels from input tab if you want to see Fibonacci numbers on chart as labels. You can also shift the labels from current bar to desired offset bar by changing the value in input section. Conclusion This indicator is highly customisable developing Fibonacci levels because everyone and different scripts works on different fib levels. This indicator keeps the Fibonacci levels at a particular time and it plots only new lines when new low or high established without affecting the previous Fibonacci levels. Overall, as the market moves, you will find the trending plot goes which side.
Pine Script® indicator
by MAURYA_ALGO_TRADER
6
Opening Range with FibsThe indicator uses a time range and another instrument for time reference, so that it works in the time zone you care about. I have set the default to SPX500USD since it is in EST ( SPX , ES and many futures are on Chicago time and opening range gets confused). You can change the reference instrument in the settings. You can also change the multipliers and use other values instead of 1.272 and 1.618 for Fib extensions. TradingView has a limit as to how many objects an indicator can create so if you want to go back further for visual backtesting - use the replay tool - it will be able to draw up to the time you selected within its limits. Let me know if you need anything else... Happy Trading!
Pine Script® indicator
by asenski
10
[JL] Supertrend Zone Pivot Point with zigzag fibThis is an open-source Pine script that generates a Supertrend Zone Pivot Point with Zigzag Fib indicator for TradingView. The indicator displays the Supertrend Zone, pivot points, and Fibonacci levels on the chart. One of the unique features of this indicator is that it uses a Zigzag that does not repaint, ensuring accurate high and low points for the pivot points. Another feature is that when the Supertrend is in an uptrend, only the highest points are taken as pivot points, and when it's in a downtrend, only the lowest points are taken as pivot points. The Fibonacci levels are calculated based on the previous high and low pivot points, with labels displaying the corresponding levels on the chart. The indicator also includes options to show/hide the Zigzag and Fibonacci levels. Overall, this indicator is useful for identifying key pivot points and Fibonacci levels in the Supertrend Zone, providing valuable information for traders to make informed decisions.
Pine Script® indicator
by Jesse.Lau
36
Price Legs & Fib Projections: Fibonacci Confluence-Plots price legs based on two user input lookback numbers. Smaller number for small legs, larger number for large legs. -Plots Fib projections of these price legs, above and below; User can input four independent fib levels or standard deviation levels ## User Inputs ## ~Show visible chart only; Show price leg labels (time and price); show small legs (fibs and/or boxes); show large legs (fibs and/or boxes) ~Input 4 Fibonacci levels or measured move levels. Toggle each level on/off ~toggle on/off Fib levels ABOVE or fib levels BELOW ~extend Fib levels 'X' bars to the right, or toggle on/off 'Full Extend' to the right ## Tips & Notes ## -use 'Full Extend' together with 'visible chart only' if searching for multiple confluence of Fib levels. -can quickly get very cluttered, but the aim in writing this was to try to find area of confluence at a glance amongst a mess of levels, then hide the indicator and study/note that area. -if lines don't print toward the left hand side of the chart you've likely reached the max line limit set by Tradingview. -Fib level input of 1.0 represents zero % extension above the high or below the low of the leg; 2.0 represents 100% extension. 1hr S&P: Visible chart only; large legs only; 50%, 100%, 150%, 200% Fib extensions; Above only; lines extended fully to the right: Usage notes; 15m S&P: Small & Large price legs; partial extend; all fib levels above/below:
Pine Script® indicator
by twingall
11
Fibonacci Levels Based on Supertrend [By MUQWISHI]A “ Fibonacci Levels Based on Supertrend ” indicator is supertrend indicator planned with Fibonacci retracements levels. Fibonacci retracements provides a sequence of levels starting from 0% to 100% in addition to extension levels. 0% is measured to be the initial Supertrend line, and 100% is the previous Supertrend line where it has been broken by candle. This tool could be valuable in terms of managing trades by setting targets and reducing the risk in the trend direction. █ OVERVIEW █ INDICATOR SETTINGS Please let me know if you have any questions. Thank you.
Pine Script® indicator
by MUQWISHI
22
Fibonacci Step IndicatorThe Fibonacci Step Indicator assumes irregularity in calculating a moving average. It is measured as the mean of the previous lows and highs situated at Fibonacci past periods. For example, the mean of the lows from 2, 3, 5, 8, etc. periods ago form the Fibonacci step indicator. The indicator uses the formula for the first twelve Fibonacci numbers on highs and lows so that it creates a moving support/resistance zone. Afterwards, the zone is stabilized by taking the highest highs of the upper indicator and the lowest lows of the lower indicator part. The indicator is used as a trend following way. It can be compared to the Ichimoku Kinko Hyo cloud (without the future projection). The zone form a support and resistance area. During ranging periods, the market will fluctuate within the area which is a bad time to follow the trend (if any).
Pine Script® indicator
by Sofien-Kaabar
2
Fibonacci Breakout Target LevelsFibonacci Extension Fibonacci Extension is a powerful technical analysis tool that traders use to predict where the market might find support and resistance. It is based on the Fibonacci sequence and uses levels that are found by extending the 23.6%, 38.2%, 50%, 61.8%, and 100% Fibonacci ratios from a swing high or low. These levels can be used to find possible areas of support and resistance, and traders often use them to figure out when to get into or get out of a trade. What does this indicator do? This indicator gets five levels of the Fibonacci Extension and uses it for both the low and the high. The default lookback period is 10 days, and it checks for the highest and lowest price in that period. Then it calculates the extension levels and plots them, and it also adds a line that shows you the current breakout target levels. How to use? The primary use intended for this indicator is to be used to determine possible breakout target levels. Let's say you are trading a range and a breakout happens. You can use this indicator to determine possible take-profit zones and possible support and resistance zones. Features: Change the lookback period for the Fibonacci Extension levels. Disable the Fibonacci Bands if you just want to see the FIB levels. You can also change the 5 levels and add different Fibonacci numbers. In this image, you can see how you can use this indicator to determine take-profit levels. The Fibonacci Extensions will determine potential support and resistance levels, which could be good places to exit your long or short positions.
Pine Script® indicator
by Traders_Endeavors
BasicVisibleChartBasic library for the visible range chart; with functions to allow plotting Fibs from body high/low as well as wick high/low -Thanks to code from @PineCoders Visible Chart library (PineCoders/VisibleChart/4), which is a much more comprehensive library than this, but which does not include some functions that I find useful: -Added the following exportable functions: highest/lowest body, highest/lowest close, highest/lowest open. These allow one to anchor fibs from bodies rather than wicks -Added a Fib Box function in the example code The above chart shows the example code plotting a Fib range drawn from bodies and a highlighted retracement zone (61.8 % - 78.6% ) ~~All Exportable Functions~~ barIsVisible() highestClose() highestOpen() highestBody() lowestClose() lowestOpen() lowestBody() high() highBarTime() low() lowBarTime() open() close()
Pine Script® library
by twingall
1
Fibonacci compressionThis script will search x-bars back, if it can find a triangle formation that meets certain Fibonacci ratios. Based on the trend-based fib extension tool from the first high to the first low and then the 2nd high (in a bullish structure, inverse for bearish), we can predict the take profit levels. The main target is the 0.618, first take profit is at the 0.236. In a strong trend, one can aim for the 1 fib ratio. Once the 3 points are known, the script will already plot the take profit levels. It is better to wait until the full pattern develops with a 2nd lower high and a 2nd higher low. The way I use it, is closing 20% at TP1, 80% of the remainder at TP2 and final close out at TP3. Stop loss is the red line which will show up after a full pattern is formed. Plot out the profit levels with the trend based fib extension tool, because once there's a break-out of the pattern, the script won't show the compression any more. (or use the replay button to go back in time to plot it again) The volume label will appear once there's a divergence between the low and higher low or the high and lower high. It is based on my cumulative volume script. It only works well on timeframes above 4 hour, but volume in favor of a short, doesn't always guarantee a good short setup, so don't take it for granted. It has around a 30 - 33% chance of hitting your TP2, so make sure the risk to reward is at least 3. Happy trading!
Pine Script® indicator
by Greg_007
31
AutoLevelsAuto Levels is a Work in progress. It is based on the previous days ATR and the current days opening tick. It takes that info and uses Fibonacci to automatically draw key levels for the day. I have added the BULL BAR ( Green bar ) and Bear Bar ( Red Bar ) to signal as a Go Long / Go Short line in the sand. The Tan bars are also proven key "Take Profit" levels. These are, on average, major points of reversals, dip buys or consolidation. I use this on the 5min timeframe and a close above or below a key level is my signal and direction. Auto Levels have proven to be a great indicator of major support and resistance.
Pine Script® indicator
by steven_eth
27
DonchianFib[Akcay]How does it work? - The indicator detects the highest and lowest price level in the last x periods every time prices advance by x periods. - From these values, retracement (0.618, 0.786) and expansion levels (1.272, 1.618, 2, 2.618, 3.14, 3.618, 4.236) are obtained. - Since the symmetrical counterpart of the retracement levels is used, there are two of each of the 0.618 and 0.786 lines, for a total of four. How can it be used? - It can be used for step buying. - It can be used for step selling. - Can be used to set a profit target. - Can be used to set a stop target. - This indicator can be used in the same way as Pivot levels can be used. You can think of this indicator like the Pivot Points Standard indicator, where you set the period more flexibly. Which indicators can it be combined with? - I don't think there are any limitations, but I think it is compatible with trend detection indicators, trend detection with DonchianFib, and stepped buy/sell with limit orders. - If you want to enter a position with mismatch signals, you can wait for the DonchianFib levels to break. - Its use is limited by your imagination :) Where does the name come from? - As the name suggests, Donchian Channels. I was inspired by Donchian Channels when developing the indicator. Donchian channels show the highs and lows of prices over the last x number of periods. DonchianFib does this once for every x periods and uses the fibonacci levels to create upper and intermediate levels. Note : I don't know if such an indicator has been done before or not. If it has been done, I haven't seen it in tradingview. Çalışma mantığı nedir ? - Gösterge, fiyatlar her x periyot kadar ilerlediğinde son x periyot içerisindeki en yüksek ve en düşük fiyat seviyesini tespit eder. - Bu değerler üzerinden geri çekilme (0.618, 0.786) ve genişleme seviyeleri (1.272, 1.618, 2, 2.618, 3.14, 3.618, 4.236) elde edilir. - Geri çekilme seviyelerinin simetrik karşılığı kullanıldığından 0.618 ve 0.786 çizgilerinden her birinden iki adet olmak üzere toplamda dört adet bulunur. Nasıl kullanılabilir ? - Kademeli alım yapmak için kullanılabilir. - Kademeli satım yapmak için kullanılabilir. - Kâr hedefi belirlemek için kullanılabilir. - Stop hedefi belirlemek için kullanılabilir. - Pivot seviyelerinden nasıl faydalanılıyorsa bu göstergeden de aynı şekilde faydalanılabilir. Bu göstergeyi, periyodunu kendinizin daha esnek bir şekilde belirlediğiniz Pivot Noktalar Standartı göstergesi gibi düşünebilirsiniz. Hangi göstergelerle kombine edilebilir ? - Bunun için herhangi sınırlama yapmak doğru değil ancak trend tespit etmeye çalışan göstergelerle uyumlu olduğunu düşünüyorum. Bu göstergeler ile trend tespiti yapıp DonchianFib ile alım/satım yerleri belirlenebilir ve limit emirleri ile kademeli alım/satım yapılabilir. - Uyuşmazlık sinyalleri ile pozisyona girilmek isteniliyorsa DonchianFib seviyelerinin kırılması beklenebilir. - Kullanımı sizin hayal gücünüz ile sınırlıdır :) Adı nereden geliyor ? - Adından da anlaşılacağı üzere Donchian Kanallarından. Göstergeyi geliştirirken Donchian Kanallarından ilham aldım. Donchian kanalları fiyatların son x periyot içerisindeki en yüksek ve en düşük seviyelerini grafikte gösteriyor. DonchianFib ise bunu her x periyot için bir defa yapıp, fibonacci seviyelerini de kullanarak üst ve ara seviyeler oluşturuyor. Not : Daha önce böyle bir göstergenin yapılıp yapılmadığını bilmiyorum. Yapıldı ise ben tradingview'da görmedim.
Pine Script® indicator
by morpheusblack
6
Auto Fibo Multi Timeframe [Misu]█ This indicator shows a Multi Timeframe automatic Fibonacci retracement levels. This indicator is built using pivots from a user-selected timeframe to draw and orient the Fibonacci retracement. Fibonacci analysis uses a logical sequence of numbers to predict trends and price action. █ Usages: The Fibonacci retracement is used to identify hidden support and resistance levels that an investor can use for entry, exit, and stop placement. Depending on your usage, you can track breakouts above and below retracement levels to provide early entry points for major breakouts and breakdowns. Higher timeframe Fibs allow you to have more relevant and weighted signals. █ Features: Choose Timeframe Choose Fib levels Color Fib Levels Individually Color Fib Levels all in one █ Parameters: Timeframe: The Timeframe chosen. Left Bars: A parameter used to calculate pivots. Right Bars: A parameter used to calculate pivots. UI Settings: Select Fibs levels and colors.
Pine Script® indicator
by Fontiramisu
14
Auto Fibonacci [Misu]█ This indicator shows an automatic Fibonacci retracement levels.  This indicator is designed based on highs, lows, and trend interpretation to orientate the fibonacci retracement in the good direction. Fibonacci analysis uses a logical sequence of numbers to predict trends and price action. █ Usages: The Fibonacci retracement is used to identify hidden support and resistance levels that an investor can use for entry, exit, and stop placement.  Depending on your usage, you can track breakouts above and below retracement levels to provide early entry points for major breakouts and breakdowns. █ Features: > Choose Fib levels > Color Fib Levels all in one > Color Fib Levels Individually █ Parameters:  Deviation: A parameter used to calculate pivots. Depth: A parameter used to calculate pivots. UI Settings: Select Fibs levels and colors.
Pine Script® indicator
by Fontiramisu
2
CDC Fibonacci Retracement and ExtensionThis indicator is meant to be used as a tool to quickly identify fibonacci retracements and projections in multiple charts during the same date range. Users can set the calculation date range and quickly flip through different charts for comparisons Steps for using this indicator is as follows: 1. Specify Start Date and End Date for calculations 2. Choose Open-ended mode for just retracements, this will disregard end date in calculations. 3. Select price source, if Use Highs/Lows is selected, the indicator will use high and low prices for calculation, if not, closing price eill be used instead 4. Select and/or modify retracement / projection lines as you see fit. 5. Enjoy the result!
Pine Script® indicator
by piriya33
2
v2.3 Weekly Fibo Candle Middle LineThis is a real time tools assisting traders in monitoring the Fibonacci Retracement Levels while the range is extending in real time run. I have simply marked the three most important Fibonacci retracement level, namely 38.2%, 50%, 61.8% which are colored and marked as blue Fibo_up, red Fibo_mid and blue Fibo_low. Should you have any idea in trading with other Fibonacci levels, please send me your feedback for improvement and sharing.
Pine Script® indicator
by MalibuKenny
Auto Fibonacci From Previous High & Low w/ Percentages & AlertsAUTO FIBONACCI FROM PREVIOUS D/W/M/Q/Y HIGH & LOW WITH PERCENTAGES & ALERTS This is an auto fibonacci level generating indicator that uses the high and low from the previous day, week, month, quarter or year. It also has a table with real time updates of how far away the nearest fibonacci levels are above and below the current price, represented in percentages. It includes alerts for each level as well if you want to be notified of price crossing fibonacci levels without watching the chart. ***HOW TO USE*** Fibonacci levels are also known as the golden ratio and are popular levels for traders to use as support and resistance levels. Expect price to bounce off of these levels regularly. The previous high and low are marked as white lines. These are very important levels so make sure to pay attention when price reaches these lines. Make sure to check out the higher timeframes for major levels. Each fibonacci line retracement and extension up to the 3.272 level in each direction is displayed as red or green depending on whether price is above or below that level. The retracement levels used are: previous high, .117, .236, .382, .5, .618, .786, .883, previous low, 1.272, 1.618, 2, 2.272, 2.618, 3 and 3.272. The extension levels used are: .272, .618, 1, 1.272, 1.618, 2, 2.272, 2.618, 3 and 3.272. In the indicator settings input tab you can quickly change the timeframe used, turn lines on/off, upper line colors, lower line colors, previous high and low line colors, line width, turn percentage table on/off, change the color of the percentage table and move the percentage table to a different location on the chart. The indicator includes alerts for each fibonacci level as well, just set your fibonacci timeframe on your favorite ticker and turn on tradingview alerts for alert() calls. ***MARKETS*** This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex. ***TIMEFRAMES*** This auto fibonacci indicator can be used on all timeframes. ***TIPS*** Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Buy & Sell Pressure Colored Candles, Directional Movement Index + Fisher Transform, Volume Profile W/ Buy & Sell Pressure Labels, Auto Support And Resistance and Money Flow Index in combination with this Auto Fibonacci. They all have real time Bullish and Bearish labels or percentage gap info as well so you can immediately understand each indicator's trend and how far away major levels are in percentages.
Pine Script® indicator
by FriendOfTheTrend
8
B-auto fibA new interactive input mode for price and time inputs is now available. Instead of selecting bar numers and/or time from input widgets, you can now select them by clicking on the chart. The interactive mode is activated by using confirm = true in input.time() and input.price(). This is code for an Anchored fibonachi indicator where the anchor point is set interactively this way you can change start date and fib level is calculating automaticly indicator is finding highest and lowest price and calculating fib levels thanks to versiyon5 i hope tradingview will make a fibo widget like Anchored VWAP it will be very usefull thanks good works so far :)
Pine Script® indicator
by berk000
9
3rd WaveHello All, In Elliott Wave Theory, 3rd wave is not the shortest one in the waves 1/3/5 and it's usually longest one. so if we can catch it then we may get good opportunities to trade. This script finds 3rd wave experimentally. it can be also the 3rd waves in the waves 1, 3, 5, A and C. the 3rd wave should have greater volume than other waves, the script can check its volume and compare with the volumes of the waves 1 and 2 optionally. Pine Team released Pine version 5! This script was developed in v5 and it uses Library feature of Pine v5 for the zigzag functions. This script is also an example for the Pine developers who learn Pine v5 and Libraries. Options: Zigzag Period: is the length that is used to calculate highest/lowest and the zigzag waves Min/Max Retracements: is the retracement rates to check the wave 2 according to wave 1. for example; if min/max values are 0.500-0.618 then wave 2 must be minimum 0.500 of wave 1 and maximum 0.618 of wave 1. Check Volume Support: is an option to compare the volumes of1. 2. and . waves. if you enable this option then the script checks their volume and 3rd wave volume must be greater then 1 and 2 there are 4 options for the targets. you can enable/disable and change their levels. targets are calculated using length of wave 1. Options to show breakout zone, zigzag, wave 1 and 2. and some options for the colors. The Library that is used in this script: P.S. This is an experimental work and can be improved. So do not hesitate to drop your comments under the script ;) Enjoy!
Pine Script® indicator
by LonesomeTheBlue
105
Auto Phivots S/R [DM]Greetings colleagues Today I share the classic pivot points indicator Added options: Standard levels Fibonacci levels "up to 261'8" Logarithmic scale option //Pivot Points Standard //Pivot Points Standard — is a technical indicator that is used to determine the levels //at which price may face support or resistance. The Pivot Points indicator consists of //a pivot point (PP) level and several support (S) and resistance (R) levels. // //Calculation //PP, resistance and support values are calculated in different ways, depending on //the type of the indicator, specified by the Type field in indicator inputs. To //calculate PP and support/resistance levels, the values OPENcurr, OPENprev, HIGHprev, //LOWprev, CLOSEprev are used, which are the values of the current open and previous //open, high, low and close, respectively, on the indicator resolution. The indicator //resolution is set by the input of the Pivots Timeframe. If the Pivots Timeframe is set //to AUTO (the default value), then the increased resolution is determined by the //following algorithm: // //for intraday resolutions up to and including 15 min, DAY (1D) is used //for intraday resolutions more than 15 min, WEEK (1W) is used //for daily resolutions MONTH is used (1M) //for weekly and monthly resolutions, 12-MONTH (12M) is used
Pine Script® indicator
by dgmoon