This 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...
I wish to thank @Quantadelic who created this great indicator and leaving it open for others to improve.
I have made changes to make it user-friendly for the intraday traders.
The changes made have been;
1. Compartmentalized each area of the major Fibonacci level;
2. Added minor Fibonacci levels;
3. Color-coded the support and resistance levels, for better...
I use the simple script to notify me when a retracement level has been met. I use the SMS alert to tell me when a specific retracement level has been met from a local pivot a high or local pivot low. Please let me know what you think. Feel free to make improvements and repost.
Indicator 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...
Auto Fibonacci Bands for Harmonic
Previous day's High-Low based Fibonnacci Retracement(today's open=0.5 line)
follow series -1.618/-0.618/-0.382/0/0.118/0.286/0.386/0.5/0.682/0.786/0.886/1/1.382/1.618/2.618
it's for Harmonic:)
Uses yesterday's & last week's high/low to plot auto fibs.
You can toggle them on/off separately as it does become a bit cluttered with both enabled.
If you find it useful please consider a tip/donation :
BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
For my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and...
I did this indicator to find your context (Range, trend, etc.) and be able to have a signal included. I am not going to explain what is TD9 , I think you are able to do it yourself there is a mass of information out there. I recommend you to use this indicator with a momentum one (I am personnaly using moneyflow to see my divergence and my...
This script automatically plots Fibonacci Retracement levels between high and low of a period of your choosing. I usually trade H1/H4 charts, and it seems to line up really well in those timeframes.
Hey guys I made this indicator that plots major and minor lows based on the candle duration since it's last seen a lower low or higher high.
I made this after watching a seminar and seeing it as a way to simply, easily and naturally find the plot points for fibonacci retracements and extentions.
Blue dots are Major, Purple are Minor.
The dots only appear if...