Auto Fibonacci Retracement levels by BDmy english is not good for explanation, you can try and understand
automatic start finding by given length. draw automatic fibo. from lowest to highest. or from highest to lowest.
Fibonacci Retracement
MG - Multiple time frame pivot alert - 1.0Indicator currently allows pivots from two time frames (ideally a trading time frame and a higher time frame) to be specified.
In the example, the 1H time frame is being used for entries using the 4H time frame (8 candles pivot width = 2 4H candles) as the trading time frame and the daily chart (48 candles pivot width = 2 daily candles) as the higher time frame.
This allows one to visually higher time frame Fibonacci swings and allows them to accurately perform Fibonacci analysis without having to switch to a higher time frame
FibLinesThis script automatically draws Fibonacci Lines on chart.
0% line and 100% line are determined by "Period" parameter.
Daily Auto Fibonacci ToolCalculates Fibonacci retracements based on daily highs/lows, and further beyond that if specified. The main difference between this and other auto Fibbing tools is ease of visibility.
Options:
Take highs/lows from a few days back or take highs/lows from each daily candle
Hide retracements before today
Show labels for each retracement level
Hide/Show retracement levels
Change colors quickly and uniformly (in script)
Retracements used:
-0.382 / 0 / 0.236 / 0.382 / 0.5 / 0.618 / 0.786 / 1 / 1.272
MG - Fibonacci Alerts - 1.2Updated version of:
The main change with this version, is that the indicator is now always overlayed and the user has to specify where they want the alerts to be displayed on the chart. (New 'Alert Base' and 'Alert Amplitude' properties define where this is shown in the chart and how large the alert spikes are). It also now includes optional bull and sell markers
This update therefore allows us to:
- Show the Fibonacci Levels being used by the indicator
- Plot buy and sell signals at the correct points on the price chart
- Trigger alerts when price reaches a Fibonacci level (without displaying this on the chart, the indicator can't be overlayed on the main chart)
MG - Fibonacci Alerts - 1.1Updated version of
Allows users to receive alerts when price reach a new Fibonacci level.
By default, the Fibonacci levels extend upwards. This can be changed to extend downwards by unchecking 'Extend Upwards' option.
Usage:
- Perform a Fib extension analysis and determine a high value, low value and direction of extension
- Add indicator and specify these values
- Optionally, to view the levels used by the indicator on the main chart, copy the indicator source and:
- Set overlayed = true
- Set highPrice and lowPrice to your determined values (optional, but will save re-entering them later)
- Add to chart
- This will show you the exact levels used by the indicator
- Set overlayed = false
- Remove and re-add the indicator
MG - Fibonacci Alerts - 1.0This script allows a user to get alerts when the price goes within a certain percentage threshold of a Fibonacci level.
If connected with AutoView, it could allow an easy way to do automated range trading between Fibonacci levels. Although I plan to do this myself, I haven't used it for this purpose yet so please be cautious and verify with live results beforehand before using it for any automation.
NOTE: The image shown of the indicator is not fully correct as the close price is used. In many cases in the example image, the candle close price DID come within the alert threshold but closed outside the threshold
Usage:
1. User performs a Fibonacci retracement / extension analysis to identify a sensible high and low point. (Currently, this script is geared towards dip pullbacks during a bull market with the ability to toggle rise pullbacks in a bear market in the pipeline)
2. User enters the high and low points into this indicator
3. User can then set alerts on the buy and sell signals which should provide alerts at excellent entry / exit points.
a. Alerts must be created on the buy and sell signal bars. E.g. Buy signal => Alert when 'Buy Signal' crosses up '0.9'
4. Set the alerts to once per bar (not per close). In this indicator, we want to catch things as soon as they happen.
NOTE: Should use in conjunction with another indicator for maximize results.
I personally use this indicator ()
TODO
- Add negative alert levels
- Allow user to specify direction of Fib retracement as the levels are different in bull and bear markets
All feedback is welcome
2 hours ago
MG - Fibonacci Level AlertsThis script allows a user to get alerts when the price goes within a certain percentage threshold of a Fibonacci level.
If connected with AutoView, it could allow an easy way to do automated range trading between Fibonacci levels. Although I plan to do this myself, I haven't used it for this purpose yet so please be cautious and verify with live results beforehand before using it for any automation.
NOTE: The image shown of the indicator is not fully correct as the close price is used. In many cases in the example image, the candle close price DID come within the alert threshold but closed outside the threshold
Usage:
1. User performs a Fibonacci retracement / extension analysis to identify a sensible high and low point. (Currently, this script is geared towards dip pullbacks during a bull market with the ability to toggle rise pullbacks in a bear market in the pipeline)
2. User enters the high and low points into this indicator
3. User can then set alerts on the buy and sell signals which should provide alerts at excellent entry / exit points.
4. Set the alerts to once per bar (not per close). In this indicator, we want to catch things as soon as they happen.
NOTE: Should use in conjunction with another indicator for maximum results.
I personally use this indicator ()
TODO
- Add negative alert levels
- Allow user to specify direction of Fib retracement as the levels are different in bull and bear markets
All feedback is welcome
Automatic Support, Resistance, Fibonacci LevelsThis indicator plots absolute high and low values for up to five completely adjustable time periods (in months, weeks, days, hours, minutes) and optionally calculates the Fibonacci levels on the pair of absolutes of your choice, ascending or descending, and mimics the shading available in the built-in Fib charting tools (e.g. retracement).
Here are a few screenshots of the same chart with various options selected.
3-Month, 4-Week, and 5-Day absolutes with 3-Monthly Fib plotted:
The same chart with 4-Weekly Fib:
The same chart with 5-Daily Fib:
5-Day, 12-Hour, 90-Minute absolutes with 12-Hourly Fib:
Zoomed in, on a 30-minute interval, with 90-minute Fib:
With descending ("inverted") 90-minute Fib:
I started putting this together for Vazzyb, who was looking for a way to automate plotting horizontal support and resistance levels for monthly, weekly, and daily extremes, and then I added additional features as they occurred to me. Special thanks to Paaax, who suggested I add Fib levels.
I am leaving the code open, so you may feel free to grab snippets you like and use them for your own purposes. Of particular interest may be my custom "calc_fib()" function, which accepts any series pair, as well as a Boolean indicating whether to invert, and returns an array with each of the major Fibonacci levels: .
If anyone likes this enough to feel generous, please feel free:
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P.S. If you want the time lengths to be as close to accurate as possible, don't forget to change the number of days per week when using for cryptocurrency!
AutoFibLevels - FixedPersonally 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 fibo on the chart to see where they over lap and that, makes your chart hell to look into.
This script will draw fibonacci levels for you based on the time frame you are in, for each time frame the number of bars that it will look into differs and if you need to, you can adjust them per time frame separately.
And as always for indicators, you have total control on which lines to draw and clouds, and their color and transparency.
The reason this title has Fix, is that I totally forgot to change some titles in the script so in the style you would see some errors in titles and also, the 1.618 line had a wrong title, sorry and thanks
AutoFibLevelsPersonally 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 fibo on the chart to see where they over lap and that, makes your chart hell to look into.
This script will draw fibonacci levels for you based on the time frame you are in, for each time frame the number of bars that it will look into differs and if you need to, you can adjust them per time frame separately.
And as always for indicators, you have total control on which lines to draw and clouds, and their color and transparency.
autofiba very simple script to place 3 Fib lines on the currents days action from the regular hours automatically
Auto FibTook the code from LazyBears rsi-fib and made it so you could apply it to a chart. It plots fib levels between the high and low of a timeframe of your choosing. Seems to line up well with custom drawn fib levels.
Not sure if it's any better than just drawing the lines yourself, but whatever.
