This is a highly modified version of the classic Ichimoku cloud indicator. It incorporates Fibonacci retracement levels into the display. Hence the name "Fibon-Ichimoku" As well as the standard short term Tenken-sen (blue line) and medium term Kinjun-sen (red line), it also includes a long term perspective line as well (in white). The Tenken-sen and Kinjun-sen...
This is a 3(+1) in one EMA using the Fibonachi levels of 8, 13, 55 & 200. Insipred by Philakone - www.youtube.com
UncleBo looks for the institutional finger prints, the whales or the big boys. Looks for price, volume , momentum analysis tools and COMBINES the most famous indicators. Works for any kind of market. Only thing you have to do is forget about any indicator you used before and look at lines. This helps you overcome your emotions.
Fibonacci Bands work like a cross between Bollinger Bands and Ichimoku clouds. The upper Fib band is the 61.8% band, the middle Fib band is 50% band and the lower Fib band is the 38.2% band. It also has a forward projection inspired by Ichimoku clouds. You do have the option of enabling the 100% and 0% bands within the options. This is the initial release of the...
DONCHIAN FIBONACCI TRADING TOOL This indicator is based on a Donchian Channel with Fibonacci zones I published before. Features are added which enable trading decisions, it suggests when to open either a long or a short position, it provides suggestions for a stop loss level and suggests a take profit level, the calculation of the take profit suggestion can be...
My first attempt in Pine. It is a Donchian Channel, but in stead of the median line I added the four Fibonacci lines and colored three of the five ensuing zones in suggestive colors. The blue zone is up trend zone The gray zone is ranging zone The orange zone is down trend zone. The white zones are 'in betweens' For the fibs to function properly it needs to be a...
Personally I don't like the trouble of drawing fibonacci retracement and extension tolls time and time again, not only human eyes and hands are not as accurate as a computer, but also, you would sit and think : "Hey, which one of these candles is the start of the wave" time and time again. That is one of the issues, some times you may want to drop more than one...
Personally I don't like the trouble of drawing fibonacci retracement and extension tolls time and time again, not only human eyes and hands are not as accurate as a computer, but also, you would sit and think : "Hey, which one of these candles is the start of the wave" time and time again. That is one of the issues, some times you may want to drop more than one...
Have you ever wonder how the Elliott Wave looks like? If you trade with price action you are going to love this stuff... It is based on the same Mandelbrot Chaos Theory principles in order to trade with Bill Williams fractals. Chaos Trend Wave indicator displays in your chart the different Elliott wave layers making price action trading very intuitive. The...
This is a slight modification, The setting as it is marks the high and the low for the day, but can be adjusted to be a fib extension if you like. You can just copy this script replacing the old one to add in the extra two lines.
Here is the lazy person's Fibonacci retracement drawing machine. Keep the bars in range pretty big, but you can play around and see what it does. If too small, it gets in your way, and If oversized, your retracements will not properly work upward and downward according to action. So, if you notice that it's always retracing the same direction, then lower the...
a very simple script to place 3 Fib lines on the currents days action from the regular hours automatically
Hey all, Just thought some might find it useful to have a script of the first 7 numbers that are both fibonacci and that are prime numbers as simple moving averages and as exponential averages. If anyone wants any other average type added to this script I can put out another version Happy trading, Snoop
Creates bands based on Fibonacci numbers and the SMA. Based on indicator by Big Mike on futures.io How to trade - Best to use in ranging market conditions - Place on two different time frames eg. 15 and 55 min. - Take trades off either short or long term chart. - Best trades occur when both charts show same trigger/condition. - Trades are short term reversals...
The original script was posted on ProRealCode by user lolo. This indicates the previous days High, Low and the Fibonacci retracement for the previous day.
By request, some more of the levels that I like to see. I find that this works well on gold and crude oil the best. Stocks and ETF's sometimes have weird bars in after hours, and this sometimes destroys the week's levels. Any non liquid jump and back bars will likely not be tolerated by the study and ruin its data. The indexes sometimes work, but I find that...