PROTECTED SOURCE SCRIPT
Fibonacci Oscillator Prototype
Updated
Prototype Fibonacci stochastic oscillator for use on 1D, 4H, 1H, 30m, and 15m intervals.
Optional JMA (Jurik Moving Average) smoothing available in addition to SMA, EMA, RMA, WMA.
Parameters to auto-sync the the Security() request for the Fibonacci calculation is currently not functioning as intended; I would recommend using a Resolution/Timeframe Request of 1 day (the default) until I am able to address this issue.
Acknowledgments:
Optional JMA (Jurik Moving Average) smoothing available in addition to SMA, EMA, RMA, WMA.
Parameters to auto-sync the the Security() request for the Fibonacci calculation is currently not functioning as intended; I would recommend using a Resolution/Timeframe Request of 1 day (the default) until I am able to address this issue.
Acknowledgments:
- Heavily based upon "Daily Auto Fibonacci Tool" by NeoButane (tradingview.com/script/bUQ28YKm-Daily-Auto-Fibonacci-Tool/).
- Credit to everget for his implementation of the JMA (tradingview.com/script/nZuBWW9j-urik-Moving-Average/).
Release Notes
Updated with 14-14-35 (Lookback period, Oscillator length, smoothing length) default recommended settings with sync enabledRelease Notes
- 0.618 and 0.382 Levels now dotted instead of dashed, and will show as orange line at top of indicator when the price is between the 0.382 and 0.618 levels
- Added T3 as smoothing option
- Default parameter update - Security() sync disabled by default; while it may work on daily and intraday intervals, intervals larger than a day will show oscillator values outside of 0-100 (as of this time)
Release Notes
- transparency update for pinescript update
- minor engine fix
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.