This indicator is a trend filter based on fibonacci retracement levels How to read: - There are three filled zones --> red, yellow and green - If the price is inside of red zone, there is a downtrend on the market - If the price is inside the yellow zone, there is a sideways trend on the market - If the price is inside the green zone, there is a uptrend on the...
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...
Hello and Warm Greetings to TradingView community. PriceCatch Ultimate Auto Fibonacci Levels The only Fibonacci Levels script you'll ever need. The Problem One of the problems faced by traders who use Fibonacci levels is that they have to draw the levels manually on their charts. It's tedious and sometimes leads to inaccuracies in identifying correct...
█ OVERVIEW This indicator was to show ratio between zig zag. Ideally to find Fibonacci Retracement / Projection, Harmonic Patterns, ABCD, Elliot Wave and etc. █ CREDITS LonesomeTheBlue █ FEATURES Table can positioned by any position and font size can be resized. █ USAGE / TIPS EXAMPLES (Description explained in each image)
ABOUT This Fibonacci tool is easier than the usual Fibonacci drawing. with this, we can use Fibonacci drawing by choosing 2 different candles as starting point and ending point INPUT SETTING Fibonacci type: we can choose the type option 1--> Fibonacci standard: display multiple levels constructed using the starting price point, ending price point, and...
This is just a Fibonacci Retracement tool with some interactive information based on the actual closing price How to use: add the script, input left bottom with the 1st click, input top with the 2nd click Informations you can see than: Fiblevel (Price) %till_this_point = pricedifference additional: Bottom of the fib Range Up in % +...
"Market structure first, always" - Mr. Anderson aka TrueCrypto28 right before he went on to master Kung-Fu Understanding and identifying market structure is essential for successful and consistent profitability. No system is perfect, but trading in the direction of the prevailing market structure can reduce the likelihood of being caught severely offsides and can...
█ 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...
👑 Automatic Fibonacci Retracement on Specific Timeframes + Golden Ratio | by Octopu$ Fibonacci Retracement is a method of technical analysis for determining support and resistance levels. It is named after the famous Fibonacci sequence of numbers: 23.6%, 38.2%, 61.8%, and 78.6% These ratios provide price levels to which markets tend to retrace a portion of a...
█ 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...
Simple indicator that creates retracement levels at each major Fibonacci interval above and below VWAP. VWAP is depicted as the thick yellow line in the middle of the channels. When the trend is above VWAP (yellow), you can view this as bullish, vice versa, below yellow is bearish. Each level after being above or below VWAP has a Fibonacci "rung", like on a...
SUPER GCOV5 MAPSCALP indicator is built specifically for mapping/prediction measurement and fast trading i.e. scalping/intraday in the commodity market or cryptos market. It uses an indicator instrument consisting of ATR TRAILING STOP (ATR), EXPONENTIAL MOVING AVERAGE, PIVOT POINT, FIBONACCI KEY LEVEL, and LINEAR REGRESSION CHANNEL(LRC). Rebuild of...
Another indicator for you guys!!! This indicator consists of the 5 key Fibonacci retracement levels, plotted automatically to user input settings. I also have included an auto support/resistance trend line generator. What is a Fibonacci retracement? 'Fibonacci retracement is a method of technical analysis for determining support and resistance levels. It is...
This is my second Donchian Channels indicator (and will probably be my last because how many does one really need). This version is different from my other one in that, well, it's 'dynamic' which simply means that it self adjusts based on the same formula that my Ultimate Moving Average does. What does that mean? It just means that the script takes an average of 8...
This 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...
This is a modification to "ZigZag with Fibonacci Levels" by LonesomeTheBlue. By default, the script finds the ZigZag, draws Fibonacci lines and labels accordinly. ZigZag period can be set. The modification to the original script provides the following features: 1) Option for user to customize retracement levels, if they don't want to use Fibonacci...
This is a standard fibonacci retracement level indicator and free to use for all. I couldn't find any decent retracement levels that works for me (and definitely wasted money on paid script access that didn't work so well for my trading style), so I created this for my own use and now sharing it with the TradingView community. Fibonacci retracement levels help...
Fibonacci moving averages are a more reactive form of EMA utilizing the Fibonacci sequence (1 2 3 5 8 13 ... etc) to weight values. This method gives several advantages of EMAs: they respond much sooner to price action while still weighting for past values and longer MAs (200 candle, 800 candle) etc moving averages can be calculated from candle 1 - handy for...