BB Mod + ForecastThis is a combination of two previous indicators; ALMA stdev band with fibs and Vector MACD.
Bollinger Band Mod fits the standard deviation on both sides of the center moving average ( ALMA +/- stdev / 2 ) and calculates Fibonacci ratios from stdev on both sides.
It is more averaging and more responsive at the same time compared to Bollinger Band.
Forecast is calculated from difference between origin ma ( ALMA from hl2 ) and six different period Hull moving averages averaged together and added to the center ma on both sides.
Fibonacci levels for 0.618 1.618 and 2.618 are added.
The dashed lines point towards the trend. Gives you a better idea of the current trend and momentum in the band.
"fib"に関するスクリプトを検索
Pin Candle DetectionPin candles are a variation of hammer candles that are useful in technical analysis . In particular, when combined with volume profile studies, they can be a powerful set up for long entries or other decision making.
For example, when looking at volume profiles, a long entry would be a fair value area (i.e. 40%) below the close of a pin candle. When combined with a support level , the set up is stronger.
While most scripts look for hammer candles, pin candles are somewhat different in that the length of the wick is significant.
This script and its parameters was built for ES futures 15 min chart in mind.
This script is unique in that it allows for the below parameters to be adjusted to suit other instruments and timeframes:
1. Fib level: Candle must close within a certain retracement level). My preference is 0.55. Some traders like 0.5, while others prefer 0.33
2. Wick length: Pin candles differ from pure hammers in that the length of the wick must be significant. My preference is 7 points on ES (as in $ and not ticks)
Add this script to your alerts to no longer miss these set ups.
RAhul RAJ Out of Range Trade IndicatorThis indicator is for intraday with the basic logic that any script will always trade in its range.
So , if any script moves away from its range, it will try to come back to its normal range movement.
Suppose average movement of any share is 100 points, and share has moved more than 150 points there is high probability that it will move in opposite direction in order to have average movement of price of 100.
For Stocks please use average period as 15 days for index 30 days.
If share price(YELLOW LINE) moves away from higher or lower blue line, then with the help of volume confirmation a trade can be initiated in opposite direction.
Please note direction needs to be opposite of what has happened in the day.
for eg. upper blue line could be broken , in both situation i.e.. share price is rising or falling,
so if share price is rising and upper blue line is broken:
Bearsish trade can be initiated with the help of price action n volume .
if share price has falledn and upper blue is broken:
Bullish trade can be initiated with the help of volume n price action confirmation.
Release Notes:
Remove dead code
update average period m fib level
Fibonacci Moving Averages Input(FibMAI) Fibonacci Moving Averages Input is a strategy based on moving averages cross-over or cross-under signals. The bullish golden cross appears on a chart when a stock's short-term moving average crosses above its long-term moving average. The bearish death cross appears on a chart when a stock’s short-term moving average, crosses below its long-term moving average. The general market consensus values used are the 50-day moving average and the 200-day moving average.
With the (FibMAI) Fibonacci Moving Averages Input strategy you can use any value you choose for your bullish or bearish cross. For visual display purposes I have a lot of the Fib Moving Averages 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987 shown while hiding the chart candlesticks. But to use this indicator I click on only a couple of MA's to see if there's a notable cross-over or cross-under pattern signal. Then, most importantly, I back test those values into the FibMAI strategy Long or Short settings input.
For example, this NQ1! day chart has it's Long or Short settings input as follows:
Bullish =
FibEMA34
cross-over
FibEMA144
Bearish =
FibEMA55
cross-under
FibSMA144
As you can see you can mix or match 4 different MA's values either Exponential or Simple.
Default color settings:
Rising value = green color
Falling value = red color
Default Visual FibMA settings:
FibEMA's 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181
Default Visual MA settings:
SMA's 50, 100, 150, 200
Default Long or Short settings:
Bullish =
FibEMA34
cross-over
FibEMA144
Bearish =
FibEMA55
cross-under
FibSMA144
wick CE; plot candle wick and tail midpoint lines-Simple little tool to plot the wick CE: an ICT concept, consequent encroachment i.e. the midpoint line of a wick or tail; it being a potentially sensitive level (depending on context).
-Wrote this to save me time drawing out fib retracement to locate the precise level of the wick CE. Example usage: show indicator, add horizontal ray over favored wick CE level, hide indicator.
~choose how many consecutive bars back to plot wick CE lines.
~choose how many bars forward to extend the wick CE lines.
Fibonacci Breakout Target LevelsFibonacci Extension
Fibonacci Extension is a powerful technical analysis tool that traders use to predict where the market might find support and resistance. It is based on the Fibonacci sequence and uses levels that are found by extending the 23.6%, 38.2%, 50%, 61.8%, and 100% Fibonacci ratios from a swing high or low. These levels can be used to find possible areas of support and resistance, and traders often use them to figure out when to get into or get out of a trade.
What does this indicator do?
This indicator gets five levels of the Fibonacci Extension and uses it for both the low and the high. The default lookback period is 10 days, and it checks for the highest and lowest price in that period. Then it calculates the extension levels and plots them, and it also adds a line that shows you the current breakout target levels.
How to use?
The primary use intended for this indicator is to be used to determine possible breakout target levels. Let's say you are trading a range and a breakout happens. You can use this indicator to determine possible take-profit zones and possible support and resistance zones.
Features:
Change the lookback period for the Fibonacci Extension levels.
Disable the Fibonacci Bands if you just want to see the FIB levels.
You can also change the 5 levels and add different Fibonacci numbers.
In this image, you can see how you can use this indicator to determine take-profit levels. The Fibonacci Extensions will determine potential support and resistance levels, which could be good places to exit your long or short positions.
FibRatiosLibrary "FibRatios"
Library with calculation logic for fib retracement, extension and ratios
retracement(a, b, ratio, logScale, precision)
Calculates the retracement for points a, b with given ratio and scale
Parameters:
a : Starting point a
b : Second point b
ratio : Ratio for which we need to calculate retracement c
logScale : Flag to get calculations in log scale. Default is false
precision : rounding precision. If set to netagive number, round_to_mintick is applied. Default is -1
Returns: retracement point c for points a,b with given ratio and scale
retracementRatio(a, b, c, logScale, precision)
Calculates the retracement ratio for points a, b, c with given scale
Parameters:
a : Starting point a
b : Second point b
c : Retracement point. c should be placed between a and b
logScale : Flag to get calculations in log scale. Default is false
precision : rounding precision. If set to netagive number, round_to_mintick is applied. Default is 3
Returns: retracement ratio for points a,b,c on given scale
extension(a, b, c, ratio, logScale, precision)
Calculates the extensions for points a, b, c with given ratio and scale
Parameters:
a : Starting point a
b : Second point b
c : Retracement point. c should be placed between a and b
ratio : Ratio for which we need to calculate extension d
logScale : Flag to get calculations in log scale. Default is false
precision : rounding precision. If set to netagive number, round_to_mintick is applied. Default is -1
Returns: extensoin point d for points a,b,c with given ratio and scale
extensionRatio(a, b, c, d, logScale, precision)
Calculates the extension ratio for points a, b, c, d with given scale
Parameters:
a : Starting point a
b : Second point b
c : Retracement point. c should be placed between a and b
d : Extension point. d should be placed beyond a, c. But, can be with b,c or beyond b
logScale : Flag to get calculations in log scale. Default is false
precision : rounding precision. If set to netagive number, round_to_mintick is applied. Default is 3
Returns: extension ratio for points a,b,c,d on given scale
Big Poppa Code Strat & Momentum Strategy IndicatorThis indicator is a combination of a few things in order to work with a unique trading style gleaned from Callme100k, jrgreatness, TrustMyLevels , FaithInTheStrat, Rob Smith and Saty Mahajan.
This Indicator is created to help you day trade using, ATR Fibonacci Levels, Price Action and Momentum.
It displays Fibonacci Levels Based on ATR to indicate when a security is 0.236, 0.382 +- the Days Open, +- the Days Open, 0.618 +- the Days Open and 1.0 +- Days Open.
To understand this script you need to understand
Average True Range (ATR)
1 Bar Inside Bar
2 Bar Outside Bar (Break either the top or bottom)
3 Bar Engulfing Bar
Strat Setups - 212, 322, 312
Fibonacci - 0.236, 0.382, 0.618, 1.0
Moving Averages
A Trend is considered bullish when (green)
Current Price is greater than the Fast EMA Value (8)
Fast EMA is greater than PIVOT EMA Value (21)
Pivot EMA is greater than SLOW EMA Value (34)
OR Hull is trending up and the Price is above the Volume Weighted Moving Average and price is above VWAP
A trend is considered Bearish when (red)
Current Price is less than the Fast EMA Value (8)
Fast EMA is less than PIVOT EMA Value (21)
Pivot EMA is less than SLOW EMA Value (34)
OR Hull is trending down and the Price is below the Volume Weighted Moving Average and price is below VWAP
If these conditions are not met then the Momentum is in Conflict (orange)
The Momentum band will match the color of the current trend
The table that is present can be turned off at any time lets you see
1) If Moving Averages are showing bullish, bearish or in conflict
2) If There us Time Frame Continuity, (if 5 min up, are all the other timeframes up also)
3) How much of the ATR have we moved on the day
4) Are we in Call or Put range for the day based on ATR Fib Levels
The Ideal situation for entering a call
1) Momentum is Green
2) FTFC on Green
3) A Strat Actionable Signal is present
4) You are in the call range, 0.236 - 0.618 ATR + the Price
5) The ATR still has room, I.e only 50% of the ATR has been run already
Ideal situation from entering a put
1) Momentum is red
2) FTFC on Red
3) A Strat Actionable Signal is present
4) You are in the put range, 0.236 - 0.618 ATR - the Price
5) The ATR still has room, I.e only 50% of the ATR has been run already
Exit the trade for these reasons you entered (for profit or loss)
1) ATR has no more room
2) FTFC is now in conflict
3) Momentum has shifted
Take Profit when
1) You reach a new ATR Level 0.618, 1.0 , -0.618, -1, etc
Passive Stop Loss
1) Open Price if you are aggressive
2) Next ATR Level Down or Up
Feel free to take profit and leave runners
This script does not give signals, you should do your own research, I am not a financial advisors, I am simply applying principles of seasoned veterans to code. You make all decisions about how you buy, sell and trade. The creator of this script makes no promises and takes no responsibility for your personal trading.
To research the methods described above look up
Rob Smith : The Strat
Saty Mahajan : ATR Levels
Fibonacci
Using the HULL Moving Average
Exponential Moving Averages
VWAP
VWMA
Democratic Fibonacci Moving AveragesWith this indicator, we have taken moving averages at Fibonacci lengths (3 to 233) as well as the average of these values, labeled the DFMA. Additionally, these values have been inputted into a table overlay. The cross of the FibMA(233) and the DFMA can be used as a signal for long or short.
The FibMA lengths of 3 and 233 are plotted in white by default, the FibMAs with lengths between 3 and 233 are plotted in blue by default, and the democratic line (DFMA) that averages these lines is plotted in green or red (depending on if the value is above or below the 233-length FibMA).
Multi PivotsThis script is meant for day traders. It's based on the CPR concepts. The pivots plots based on the timeframe, means less that 15minuts it will plot daily pivots, less that daily tf, it plots weekly and then monthly. It also includes Camarillas, ADR levels, Fibonacci levels based on last 500 candles, Fib pivots, Pivot zones, developing pivot, Vwap, Dashboard shows RSI,ADX,Vwap,SuperTrend and day price difference. Options available to plot Day HighLow, Initial Balance levels as well. There is option to show running CPR which highlights virgin CPR. It can plot next day pivots as well
I dont own any of codes or ideas in the script. Codes are taken from different scripts and altered based on the requirements. Kudos to all the great pinecoders who provided their codes as public which helps everyone. Thanks
[MAD] Fibonacci retracementThis is just a Fibonacci Retracement tool with some interactive information based on the actual closing price
How to use:
add the script,
input left bottom with the 1st click,
input top with the 2nd click
Informations you can see than:
Fiblevel (Price) %till_this_point = pricedifference
additional:
Bottom of the fib
Range Up in % + Price-Range
Range Down in %
you can shift the comma with the decimal functions for trading shitcoins as example
if looking into the past, level/price will follow, liveinfo using the close is than hidden
what will follow:
reverse
log/linear
autogrow when range will be wicked
maybe alerts on levels... have to think about how to capture correctly
Support & Resistance Trendlines with PP + Fib. Channel█ Support & Resistance Trendlines with Pivot Points + Fibonacci Channel
This script automatically draw support and resistance trend lines based on pivot points and add a fibonacci channel.
It will show potential patterns with the help of support and resistance lines as well as breakout target and pullback entry with the fibonacci extension and retracement levels.
It is based on atolelole's script, I only made it more configurable so please check out his script.
I added the possibility to change values and add additional retracement and extension levels.
I also made it customizable with the possibility to change lines color, width and style.
Fibonacci MAsIt's a pretty simple script. Idea is to compute MAs with the length of Fibonacci numbers and then compute an average of them all.
In the script, you can choose the type of MAs and how many Fibonacci numbers to use for it.
You can also adjust the length of these MAs manually and choose the color of every one of them.
Thanks to @MUQWISHI for helping me code it.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
Price LevelsAuto plots significant Gann and Fib price levels using the all time range. Useful to quickly identify significant levels of support and resistance.
Auto Fibonacci Levels + Auto Trend Line generatorAnother indicator for you guys!!!
This indicator consists of the 5 key Fibonacci retracement levels, plotted automatically to user input settings. I also have included an auto support/resistance trend line generator.
What is a Fibonacci retracement?
'Fibonacci retracement is a method of technical analysis for determining support and resistance levels. It is named after the Fibonacci sequence of numbers, whose ratios provide price levels to which markets tend to retrace a portion of a move before a trend continues in the original direction.' - Wikipedia
How to use the Fibonacci retracement?
- The Fibonacci levels are default. These percentiles from price to the average of the high in a sample and low in a sample give you a guideline of where a bottom may be, where a top may be, and where a range is being created.
- Look for the price to reject from 61.8% and 76.4%, and also look for price to bounce from 38.2% and 23.6%. If a lower low/higher high is made, the fib levels will follow and the percentiles within will be recalculated after a 5 candle offset period.
- If you see price trending towards the lower percentiles (38&23) and using the 50% as resistance, look for a break downwards and vice versa.
-This Fibonacci set as all others is subject to fake-out, always use this with another series indicator, or don't use it as a signal for entry at all (unless you have a backdated strategy)
How to use the trend line generator?
-The trend line generator will only plot when a lower low/higher high has taken place within the input amount of candles. It is also offset by a user amount.
-The check box will give the option to have the trend line's plot or not.
- If you see a green/red dot it means that that will be your first coordinate for the trend line, and until the computations are complete it will give you an idea of which direction it will be in (resistance or support)
-When opening this indicator zoom out all the way to connect any trend lines that do not load automatically.
Let me know if you have any questions, suggestions or issues! Thank you everyone!
-Cheatcode1 :)
SP:SPX TVC:DXY BMFBOVESPA:EUR1! CME:BTC1! BINANCE:BTCUSDT
Previous Days RangesPrevious Days Ranges
Simply plots out market ranges of previous days price action, of which are the following:
Previous Day High
Previous Day Low
Previous Day Extended High
Previous Day Extended Low
Supports adjustments of timeframes, for different time zones, and style.
Commodity Channel Relative StrengthNew concept(I think atleast) I've joined the Standard RSI and CCI at the hip with another plotcandle, which gives a picture of a larger candle With more interesting movement imo. Includes Fib Retracement Levels, High/Low and a couple of coppock curves for more confirmation. Broadening candles seem to indicate a weakening of trend strength (from what i've seen atleast) although exceptions do occur. Vice versa for tapering to a lesser degree I imagine. RSI has been shifted down to 0 to align the center point with the CCI , so the usual 30/70 RSI Levels are now -20/20 (although I have 30/-30 instead for the hlines).
God Number Channel v2(GNC v2)GNC got a little update:
1) Logic changed a bit.
I tried to calculate MAs based on the power(high - low of previous bars).You can see it the M-variables, as new statements were added in calculation section of MAs. I don't really know if I did right, because I didn't go too much in Pine Script. I just wanted to make a Bollinger-bands-like bands, which could predict the levels at which might reverse, using legendary fibonacci and Tesla's harmonic number 432. It's might sound as a joke, but as you can see, it works pretty good.
2) Customization :
No need to change Fibonacci ratios in code. Now you can do it in the GNC settings. Also MAs' names were made obvious, just check it out. Time of million similar "MA n1" has passed :)
3) Trade-entry advices :
I didn't tell you exactly the trade-entry advices, as I haven't explored this script fully yet :) But you probably understood something intuitively, when added GNC on the chart. Now I made things way more obvious:
1. Zones between Fib ratios show you how aware you should be of price movements. Basically, here are the rules, but you probably understand them already:
1.1 Red zone(RZ) : high awareness, very likly for price to be reversed, but if there is a clear trend and you know, than it might be a time for price to shoot up/down.
1.2 Orange zone(OZ) : medium awareness, not so obvious, as price might go between boundaries of OZ and continue the trend movement if such followed before entering the OZ. If price go below lower boundary of OZ and the next bar opens below this boundary, it might be a signal for SHORY, BUT(!) please consider confirmation of any sort to be more sure. Think of going beyond the upper boundary by analogy.
1.3 Green Zone(GZ) : if the price hits any boundary of green zone, it is usually a good oppurtunity to open a position against the movement(hit lower boundary -> open LONG, hit upper boundary -> open SHORT).
1.4 Middle Zone(Harmonic Zone)(MZ) : same rules from Green Zone.
IMPORTANT RECCOMENDATION : Use trend indicator to trend all signals from zones to follow the trend, 'cause counter-trending with this thing without stop loss might very quickly wipe you out , might if you will counter-trend strategy with GNC, I will be glad if you share it with the community :)
Reccomendation for better entries :
1) if the price hits the lower(or high) boundaries(LB or HB) zone after zone(hit LB or HB of RZ, then of OZ, then of GZ), it is a very good signal to either LONG, if price was hitting LBs , or SHORT, if hitting HBs .
2) Consider NOT to place trades when in MZ, as price in this zone gets tricky often enough. By the way, if you dont the see the harmonic MAs(which go with plot(ma1+(0.432*avg1)) ), then set the transparency of zone to 20% or a bit more and then it will be ok.
I will continue to develop the GNC and any help or feedback from you, guys, will be very helpful for me, so you welcome for any of those, but please be precise in your critics.
Thank you for using my stuff, hope you found it usefull. Good luck :)
Intra-variety Timeframe Floating Fibonacci Levels [Loxx]Intra-variety Timeframe Floating Fibonacci Levels is an intraday, intraweek, and intramonth indicator to be used for scalping on lower timeframes. The indicator paints the developing fibonacci retracement levels as they change overtime over the selected intra-variety timeframe chosen. This indicator acts as another way to gauge support and resistance levels.
What Are Fibonacci Retracement Levels?
Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur.
Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.
The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator will then create the levels between those two points.
Suppose the price of a stock rises $10 and then drops $2.36. In that case, it has retraced 23.6%, which is a Fibonacci number. Fibonacci numbers are found throughout nature. Therefore, many traders believe that these numbers also have relevance in financial markets.
Fibonacci retracement levels were named after Italian mathemetician Leonardo Pisano Bigollo, who was famously known as Leonardo Fibonacci. However, Fibonacci did not create the Fibonacci sequence. Fibonacci, instead, introduced these numbers to western Europe after learning about them from Indian merchants. Fibonacci retracement levels were formulated in Ancient India between 450 and 200 BCE.
Details
-Change Fibonacci levels
-Select day, week, or month timeframe
1-gg702gg fib + 3ema 50+100+200=+10
heikin ashi trand
set with hem ind...
wolfpack and draw trend line or auto trend line
green = bay
red = sell
and set the bar heikin ashi from the sting
goooood lock
Wolfe Scanner (Multi - zigzag) [HeWhoMustNotBeNamed]Before getting into the script, I would like to explain bit of history around this project. Wolfe was in the back of my mind for some time and I had several attempts so far.
🎯Initial Attempt
When I first developed harmonic patterns, I got many requests from users to develop script to automatically detect Wolfe formation. I thought it would be easy and started boasting everywhere that I am going to attempt this next. However I miserably failed that time and started realising it is not as simple as I thought it would be. I started with Wolfe in mind. But, ran into issues with loops. Soon figured out that finding and drawing wedge is more trickier. I decided will explore trendline first so that it can help find wedge better. Soon, the project turned into something else and resulted in Auto-TrendLines-HeWhoMustNotBeNamed and Wolfe left forgotten.
🎯Using predefined ratios
Wolfe also has predefined fib ratios which we can use to calculate the formation. But, upon initial development, it did not convince me that it matches visual inspection of Wolfe all the time. Hence, I decided to fall back on finding wedge first.
🎯 Further exploration in finding wedge
This attempt was not too bad. I did not try to jump into Wolfe and nor I bragged anywhere about attempting anything of this sort. My target this time was to find how to derive wedge. I knew then that if I manage to calculate wedge in efficient way, it can help further in finding Wolfe. While doing that, ended up deriving Wedge-and-Flag-Finder-Multi-zigzag - which is not a bad outcome. I got few reminders on Wolfe after this both in comments and in PM.
🎯You never fail until you stop trying!!
After 2 back to back hectic 50hr work weeks + other commitments, I thought I will spend some time on this. Took less than half weekend and here we are. I was surprised how much little time it took in this attempt. But, the plan was running in my subconscious for several weeks or even months. Last two days were just putting these plans into an action.
Now, let's discuss about the script.
🎲 Wolfe Concept
Wolfe concept is simple. Whenever a wedge is formed, draw a line joining pivot 1 and 4 as shown in the chart below:
Converging trendline forms the stop loss whereas line joining pivots 1 and 4 form the profit taking points.
🎲 Settings
Settings are pretty straightforward. Explained in the chart below.
Pivot Points (Channel | Fib | Support/Resistances)auto pivot point channel, channel fibonacci and support/resistance lines
