[RS][UNTESTED]CAP Fibo Channel V2

V2 of previous CFC, added optional bull/bear squeeze.

squeeze can get a bit messy on extremely oversold/overbought markets like currently USDJPY in 1 hour timeframe, or any currency on low time frame during high volatility.

Sürüm Notları

Update for V5:
Channel centered around the cumulative average price(CAP) and using the average difference of high/close/low CAP's
to generate a action zone over the Price Action(PA), so that PA can be assimilated faster.
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Note: this works better on ranging markets, as a strong rising trend tends to stay above average and falling trend
tends to stay bellow average. there's a bit of a mental process to assimilate that.

Açık kaynak kodlu komut dosyası

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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RicardoSantos

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

Açık kaynak kodlu komut dosyası

For quick access on a chart, add this script to your favorites — learn more here.

RicardoSantos