Price action: Fibonacci + Support/Resistant + Trendline In this indicator, I find entry long/Short by combining: Fibonacci + Support/Resistant + Trendline (One of Advanced Price action Analysis).
How it works: 1. Find Impulse wave: To findind Impulse wave, It uses Pivot High/Low to find Impulse wave. In case find entry Long, If having Pivot High higher Pivot High before, it will draw an Impulse wave.
2. Find entry at Fibonacci levels: Draw Fibonacci fibonacci retracement from Pivot Low to Pivot High. A Fibonacci retracement forecast is created by taking two extreme points on a chart and dividing the vertical distance by important Fibonacci ratios. 0% is considered to be the start of the retracement, while 100% is a complete reversal to the original price before the move. Horizontal lines are drawn in the chart for these price levels to provide support and resistance levels. Common levels are 23.6%, 38.2%, 50%, and 61.8%
3. Find entry at Support/Resistant Zone: Support/Resistant Zone drawed from Pivot High before, which price just breaken and return to retest.
4. Find entry at Trendline: Trendline drawed from Pivot High/Low before, which price just breaken and return to retest.
This is study version. Having strategy version to backtesting.
릴리즈 노트
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Update: Label at Fibonacci levels.
릴리즈 노트
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Update: 1. Width Fibonacco levels, Support/Resistant levels and trendlines. 2. Color fibonacci labels.
This is it! The indicator that matched my strategy. Thank you so much. Best on platform. Appreciate you!!!!! Where can I find the book?
Indy
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This is a wonderful indicator. Is there any chance the fib levels, trendline and support level can be made more visible by using thicker lines. Thank you.
Great work! This is so cool. This indicator shows what we might miss or ignore in running trade. Most of the time, mindset in running trade is already at toss; this helps us to identify important price information. Thanks a lot buddy !
yanilfx
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cuando pongo las alarmas no están funcionando
Indy
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Thank you for the speedy update, really appreciate it.
Crypto-Crapshoots
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Nice build. This is pretty cool. I been playing with it for a week now. TY very much buddy.
harryorr
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This looks amazing..please can you make a quick tutorial video on how best to use the indicator? Thanks
TrendCrypto2022
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@harryorr, thank bro. Sorry, I don't speak English fluently, only write English. To use this indicator, you can learn about Advanced Price action Analysis. I think you can look for them in google.