PINE LIBRARY
MarketAnalysis
Library "MarketAnalysis"
A collection of frequently used market analysis functions in my scripts.
bullFibRet(priceLow, priceHigh, fibLevel)
Calculates a bullish fibonacci retracement value.
Parameters:
priceLow (float): (float) The lowest price point.
priceHigh (float): (float) The highest price point.
fibLevel (float): (float) The fibonacci level to calculate.
Returns: The fibonacci value of the given retracement level.
bearFibRet(priceLow, priceHigh, fibLevel)
Calculates a bearish fibonacci retracement value.
Parameters:
priceLow (float): (float) The lowest price point.
priceHigh (float): (float) The highest price point.
fibLevel (float): (float) The fibonacci level to calculate.
Returns: The fibonacci value of the given retracement level.
bullFibExt(priceLow, priceHigh, thirdPivot, fibLevel)
Calculates a bullish fibonacci extension value.
Parameters:
priceLow (float): (float) The lowest price point.
priceHigh (float): (float) The highest price point.
thirdPivot (float): (float) The third price point.
fibLevel (float): (float) The fibonacci level to calculate.
Returns: The fibonacci value of the given extension level.
bearFibExt(priceLow, priceHigh, thirdPivot, fibLevel)
Calculates a bearish fibonacci extension value.
Parameters:
priceLow (float): (float) The lowest price point.
priceHigh (float): (float) The highest price point.
thirdPivot (float): (float) The third price point.
fibLevel (float): (float) The fibonacci level to calculate.
Returns: The fibonacci value of the given extension level.
A collection of frequently used market analysis functions in my scripts.
bullFibRet(priceLow, priceHigh, fibLevel)
Calculates a bullish fibonacci retracement value.
Parameters:
priceLow (float): (float) The lowest price point.
priceHigh (float): (float) The highest price point.
fibLevel (float): (float) The fibonacci level to calculate.
Returns: The fibonacci value of the given retracement level.
bearFibRet(priceLow, priceHigh, fibLevel)
Calculates a bearish fibonacci retracement value.
Parameters:
priceLow (float): (float) The lowest price point.
priceHigh (float): (float) The highest price point.
fibLevel (float): (float) The fibonacci level to calculate.
Returns: The fibonacci value of the given retracement level.
bullFibExt(priceLow, priceHigh, thirdPivot, fibLevel)
Calculates a bullish fibonacci extension value.
Parameters:
priceLow (float): (float) The lowest price point.
priceHigh (float): (float) The highest price point.
thirdPivot (float): (float) The third price point.
fibLevel (float): (float) The fibonacci level to calculate.
Returns: The fibonacci value of the given extension level.
bearFibExt(priceLow, priceHigh, thirdPivot, fibLevel)
Calculates a bearish fibonacci extension value.
Parameters:
priceLow (float): (float) The lowest price point.
priceHigh (float): (float) The highest price point.
thirdPivot (float): (float) The third price point.
fibLevel (float): (float) The fibonacci level to calculate.
Returns: The fibonacci value of the given extension level.
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House rules.
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.