Today I share the classic pivot points indicator
Fibonacci levels "up to 261'8"
Logarithmic scale option
//Pivot Points Standard
//Pivot Points Standard — is a technical indicator that is used to determine the levels
//at which price may face support or resistance. The Pivot Points indicator consists of
This indicator displays Pivot Points & Fib Levels based on the timeframe you select.
There are 3-levels of support/resistance to the Pivot Points.
Currently there are only Fib-Levels based on the 1st Pivot Levels .
Fibs will be added to the other 2 levels in the near future.
The Golden Ratio is highlighted by default.
This script draws a High-To-Low or Low-To-High Fibonacci Retrace over the chart, based on which of those two happens in the given time period (Default is 144 Candles).
Updates from older versions:
- Paints 0.5, 0.618, 0.65 and spaces in between, giving good hindsight to the trend, and ideas of where strong support/resistance may lie.
- Silver Paint Strip = 0.50...
Fibonacci Input Preset Retracer. This for highlighting your favorite Fibonacci retracement levels. Before using this indicator you should already have knowledge of what Fibonacci is & how to use it. These are levels where it said to be that the market may or may not reverse at. This is more used for anticipation, confluence & should be used in combination with...
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
The script combines 3 single Bollinger bands into one script for easy plotting and range modification. It can be used for analyzing a market with multiple time frames and ranges using Fibonacci series as the range.
This script produces a dynamic number. It is the mean of a set of numbers that have been derived by multiplying Fibonacci exponential moving averages with Fibonacci numbers.
If price closes above line = possible long entry.
If price closes below line = possible short entry.
This can be seen best using line chart.
Works best on higher timeframes to follow...
Daily (weekly, monthly) profits with the Fibonacci trading indicator_3
Quotes move in Fibonacci ratios in liquid markets. With this indicator you receive information for daily trades or for position trades based on a week or on a monthly basis, in which area you should ideally enter the market and where the minimum achievable price target is. This price target is...
EMA with Fibonacci Numbers, I have developed this system for finding trend , support and resistance in lower time frame and higher time frame.
If Candles closes below at least 4 Fibonacci line then trend is down if Candles closes are above minimum 4 Fibonacci line the trend is up.
Fibonacci line act as support for Uptrend market similarly same lines act as...
I've made SMA/EMA's NOT based on the principle of the 2(1+1), 3(2+1),
5(3+2), 8(5+3), 13(8+5), 21(13+8), 34(21+13), 55(34+21), ... numbers,
but based on these following Fibonacci numbers:
Ending up with 2 series of Fibma / Fibema:
"Tiny Fibma / Fibema":
24, 38, 50, 62, 76, 100
"Big Fibma / Fibema":
236, 382, 500, 618, 764,...
Triple EMA strategy consists of EMA 9, 21 & 55. A widely discussed trading strategy. If you want to know more about this strategy, enter the following search term at Google, "triple EMA 9, 21, 55 strategy".
How does this indicator work!
Background blue / yellow = bullish
Background red / purple = bearish
Every EMA crossover can be displayed on the chart (see...
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.
Updated 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...
Updated 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.
- Perform a Fib extension analysis and determine a high value, low value and direction of extension
- Add indicator and specify these...
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...